Corporate ActionMay 13, 2026, 05:27 PM
Oklo Establishes $1B At-The-Market Equity Offering Program
AI Summary
Oklo Inc. has entered into a new equity distribution agreement to establish an "at the market" equity offering program. This program allows the company to offer and sell up to $1,000,000,000 of its Class A common stock through various sales agents. Concurrently, Oklo Inc. delivered notice to terminate its previous equity distribution agreement from December 4, 2025.
Key Highlights
- Oklo established a new "at the market" equity offering program.
- The program allows the sale of up to $1,000,000,000 in Class A common stock.
- Goldman Sachs, BofA Securities, Citigroup, J.P. Morgan, Morgan Stanley, Barclays, Cantor Fitzgerald, Guggenheim, Canaccord Genuity, and William Blair will act as sales agents.
- Sales agents will receive a commission of up to 1.5% of the gross sales price.
- Oklo terminated its prior equity distribution agreement dated December 4, 2025.