secwatch.observer — SEC 8-K summary
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Issuer:     Oklo Inc. (OKLO)
CIK:        0001849056
Form:       8-K
Filed at:   2024-05-13T23:59:59+00:00
Accession:  0001104659-24-060634
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.01, 1.01, 5.06, 5.02, 3.03, 5.03, 5.01, 5.05, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oklo Inc. completes SPAC merger with AltC; shares to trade on NYSE under 'OKLO' on May 10
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- Business combination closed on May 9, 2024; Legacy Oklo equityholders received ~$875M in stock at $10/share plus up to 15M Earnout Shares.
- Post-closing shares outstanding: 122,096,270; AltC stockholders redeemed only 710 shares ($7,458 total).
- Sponsor Commitment of up to $50M not funded as Available Closing SPAC Cash exceeded $250M.
- New board and management: Jacob DeWitte CEO, Caroline Cochran COO, R. Craig Bealmear CFO; seven directors including Sam Altman.
- Oklo Class A common stock began trading on NYSE on May 10, 2024 under ticker 'OKLO'.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849056/000110465924060634/0001104659-24-060634-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849056/000110465924060634/tm2414092d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-060634

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