Oklo Inc. (“Oklo” or the “Company”) (NYSE: OKLO), an advanced nuclear technology company, today announced the commencement of an underwritten public offering of $400 million of shares of its common stock, $0.0001 par value (“common stock”), by the Company. The Company also expects to grant the underwriters a 30-day option to purchase up to an additional $60 million of shares of common stock from the Company.
Oklo Inc (NYSE:OKLO) shares are surging Wednesday after the company was selected as an intended awardee to provide power at an Air Force base in Alaska.
Oklo Inc. (NYSE: OKLO), an advanced nuclear technology company, has been issued a Notice of Intent to Award (NOITA) by the Defense Logistics Agency Energy (DLA Energy), on behalf of the Department of the Air Force (DAF) and the U.S. Department of Defense, to provide clean, reliable power through the deployment of an Aurora powerhouse at the Air Force installation selected for the project.
Oklo on Tuesday announced that the U.S. Nuclear Regulatory Commission (NRC) initiated a review of the company's licensed operator topical report as Oklo continues to progress on its combined license application seeking approval to operate its planned Aurora powerhouses.
Oklo Inc. (NYSE: OKLO) announced today that the U.S. Nuclear Regulatory Commission (NRC) has initiated its review of Oklo’s Licensed Operator Topical Report. This milestone represents continued progress in Oklo’s regulatory strategy and follows the company’s recent entry into the NRC’s Readiness Assessment Audit for Phase 1 for its Combined License Application. The Combined License Application is a one-step application that will allow Oklo to operate the Aurora once approved by the NRC.
The weakness was also exacerbated by the company filing a prospectus with the SEC on Monday for offering up to $1 billion in an assortment of securities, including stock, preferred shares, debt warrants and units.
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Oklo Inc (NYSE:OKLO) shares are moving higher Tuesday alongside several nuclear names after Meta Platforms Inc (NASDAQ:META) signed a long-term deal with Constellation Energy Corp (NASDAQ:CEG) for the supply of nuclear energy.
