secwatch.observer — SEC 8-K summary
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Issuer:     Oklo Inc. (OKLO)
CIK:        0001849056
Form:       8-K
Filed at:   2024-11-13T23:59:59+00:00
Accession:  0001104659-24-117765
Event type: other
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849056/000110465924117765/0001104659-24-117765-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849056/000110465924117765/tm2428323d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-117765

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