AltC Acquisition Corp. closes IPO of 50M shares at $10.00, raises $500M

Oklo Inc.

Gross proceeds $500M from 50M shares (including 5M over-allotment) at $10.00/share.
Simultaneous private placement of 1.45M shares to sponsor for $14.5M.
$500M placed in trust account; released only upon business combination, amendment, or liquidation.
Founder shares locked for 1 year after business combination or upon $12.00 price trigger.
Insiders agreed to vote in favor of any proposed business combination and not redeem shares.

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