---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-079837"
form_type: "8-K"
ticker: "OKLO"
cik: "0001849056"
company_name: "Oklo Inc."
filed_at: "2023-07-11T23:59:59+00:00"
generated_at: "2026-06-13T10:15:03.486653+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# AltC SPAC to acquire nuclear reactor company Oklo Inc. in stock deal valued at $850M

## Summary
- Merger consideration of $850M plus any Permitted Financing; paid in ALCC shares at $10.00 per share.
- Up to 15M earnout shares tied to stock price targets of $10, $12, $14, $16 over 5 years.
- Sponsor commits up to $50M backstop; lockup provisions with tiered vesting based on price thresholds.
- Closing conditions include at least $250M cash in trust, HSR clearance, NRC no adverse communication.
- Stockholders must approve extension of SPAC deadline beyond Oct 12, 2023 to permit closing.

## SEC filing metadata
- accession: 0001104659-23-079837
- form_type: 8-K
- ticker: OKLO
- cik: 0001849056
- company_name: Oklo Inc.
- filed_at: 2023-07-11T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849056/000110465923079837/0001104659-23-079837-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849056/000110465923079837/tm2320952d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-079837
- JSON: https://secwatch.observer/filing/0001104659-23-079837.json
- Plain text: https://secwatch.observer/filing/0001104659-23-079837.txt

## Key facts
- Material Agreements
  Oklo Inc. entered into Agreement and Plan of Merger and Reorganization with AltC Acquisition Corp., AltC Merger Sub, Inc., and Oklo Inc. valued at $850,000,000 (effective 2023-07-11).
  - Action: entry
  - Agreement: merger
  - Counterparty: AltC Acquisition Corp., AltC Merger Sub, Inc., and Oklo Inc.
  - Value: $850,000,000
  - Effective: 2023-07-11
  source text: On July 11, 2023, AltC Acquisition Corp. (“ AltC ”) entered into an Agreement and Plan of Merger and Reorganization (the “ Merger Agreement ”) by and among AltC, AltC Merger Sub, Inc., a Delaware corporation and direct, wholly owned subsidiary of AltC (“ Merger Sub ”), and Oklo Inc., a Delaware corporation (the “ Company ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849056/000110465923079837/0001104659-23-079837-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.