Oklo triggers earnout share issuance and lock-up expiry after stock price hits Merger Agreement threshold

Oklo Inc.

Triggering Event III met: closing price equaled or exceeded threshold for 20 of 60 trading days through Nov 13, 2024.
Approximately 2.5M Earn Out Shares to be issued to Eligible Holders within five business days.
Fourth Vesting Price achieved: 12.5% of Vesting Founder Shares vest on Determination Date.
36-Month Lock-Up Period ended; lock-up restrictions expire on 30% of Founder Shares and 30% of Private Placement Shares.
Insider Lock-Up Period under Registration Rights Agreement also expires on 30% of Lock-Up Shares.

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