AltC Acquisition Corp. extends deadline to July 2024; ~$216M redeemed from trust

Oklo Inc.

Stockholders approved extension of business combination deadline from Oct 12, 2023 to July 12, 2024.
Holders of 20,849,479 Class A shares redeemed at ~$10.36 per share, aggregating ~$215.91M removed from trust.
Post-redemption: 30,600,521 Class A shares outstanding; ~$301.88M remains in trust account.
Sponsor holds 1,450,000 Class A shares with no redemption rights in business combination vote.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Oklo Inc.: Extended deadline to consummate initial business combination from October 12, 2023 to July 12, 2024 (effective 2023-10-11).

Change: charter amendment
Effective: 2023-10-11

Exact text from the filing

the Stockholders approved an amendment to AltC’s amended and restated certificate of incorporation (the “ Charter Amendment ”) to extend the date by which AltC has to consummate an initial business combination from October 12, 2023 to July 12, 2024 (or such earlier date as determined by AltC’s board of directors). AltC filed the Charter Amendment with the Secretary of State of the State of Delaware on October 11, 2023.

View on SEC.gov

Browse all governance changes →

Oklo Inc. filing history →

Source: SEC EDGAR

accession 0001104659-23-108646

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.