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Oklo stockholders elect three Class II directors, ratify Deloitte as auditor for FY 2026
Caroline DeWitte elected with 70,248,972 votes for, 325,706 withheld; broker non-votes 44,543,612.
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Oklo enters new $1B at-the-market equity offering; terminates prior $1.5B ATM
New ATM allows sales of up to $1B of Class A common stock through ten agents including Goldman Sachs and J.P. Morgan.
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Oklo expands board to 11, appoints four new directors; CTO transitions to advisor role
Board increased to 11 directors; appointees: Dr. Mark Peters, David Christian, Derek Kan, David Park.
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Oklo initiates $1.5B at-the-market equity offering via multiple agents
Equity distribution agreement with 9 agents including Goldman Sachs, BofA, Citigroup, Morgan Stanley.
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Oklo increases ATM capacity to $540M from $400M with new prospectus supplement
Oklo files prospectus supplement to sell up to $540M of common stock; previously issued 5,458,953 shares for $400M gross proceeds.
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Oklo completes $440.6M common stock offering, underwriters exercise full overallotment
Underwriting agreement for 6,666,667 shares (plus 1M overallotment) signed June 12, closed June 16.
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Oklo announces results of 2025 Annual Meeting; stockholders elect directors and ratify auditor
Elected Michael Klein (38.9M for) and John Jansen (44.1M for) as Class I directors.
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Sam Altman resigns as Chair and Class II director of Oklo, effective April 22, 2025
Sam Altman resigned as Chair and Class II director of Oklo Inc., effective April 22, 2025.
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Oklo reports FY2024 net loss $73.6M; customer pipeline reaches ~14 GW with Switch 12 GW deal
FY2024 net loss $73.6M ($52.8M ops loss); cash used in ops $38.4M; cash & securities $275.3M.
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Oklo appoints Michael Thompson and Daniel Poneman as Class III directors
Appointments effective March 4, 2025; both accepted and joined the Board.
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Oklo receives NYSE non-compliance notice after director Wright resigns as Energy Secretary
Director Christopher Wright resigned Feb 3 after Senate confirmation as Energy Secretary.
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Director Christopher Wright to resign if confirmed as U.S. Energy Secretary
Christopher Wright notified Oklo board on Jan 13, 2025 of conditional resignation.
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Oklo Inc. increases CEO, CFO base salaries and target bonus opportunities effective Jan 1, 2025
CEO Jacob DeWitte base salary raised from $500,000 to $625,000 (25% increase).
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Oklo reports Q3 net loss $9.96M, customer pipeline grows to 2,100 MW, plans Atomic Alchemy acquisition
Customer pipeline grew to 2,100 MW, up 200% since July 2023; added two data center LOIs.
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Oklo triggers earnout ~12.5M shares and unlocks 70% of founder/private placement lock-ups
Triggering Event I and II satisfied as of Nov 12; ~12.5M earnout shares to be issued within 5 business days.
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Oklo triggers earnout share issuance and lock-up expiry after stock price hits Merger Agreement threshold
Triggering Event III met: closing price equaled or exceeded threshold for 20 of 60 trading days through Nov 13, 2024.
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Oklo Inc. 8.01: Shareholder lock-up ended Nov 5; Sponsor lock-up trigger met, 50% of founder shares vested
180-day shareholder lock-up period expired at 11:59 p.m. ET on Nov 5, 2024.
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Oklo dismisses Marcum as auditor, appoints Deloitte effective Oct 10, 2024
Marcum LLP resigned as auditor on Oct 9, 2024; no adverse opinions or qualified reports in 2022-2023.
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Oklo reports $53.3M net loss for H1 2024; customer LOIs surge to 1,350 MW
Q2 2024 six-month net loss of $53.3M; cash & marketable securities of $294.6M post-merger.
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Oklo enters new employment agreements with CEO, COO, and CFO – total initial RSU grants of $7.2M
CEO Jacob DeWitte: base salary $500,000, initial RSU grant of $3,000,000.
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Oklo Inc. completes SPAC merger with AltC; shares to trade on NYSE under 'OKLO' on May 10
Business combination closed on May 9, 2024; Legacy Oklo equityholders received ~$875M in stock at $10/share plus up to 15M Earnout Shares.
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Oklo Inc. closes business combination with AltC; becomes public on NYSE under OKLO
Merger completed May 9, 2024; Oklo Inc. survives as wholly-owned subsidiary of AltC, which renamed to Oklo Inc.
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AltC stockholders approve Oklo business combination; $306M trust proceeds, close May 9
Stockholders approved merger with Oklo with ~100% of votes cast in favor; 72.7% of outstanding shares voted.
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AltC Acquisition Corp. re-elects directors Lattman and Thornton by written consent
Sole Class B holder AltC Sponsor LLC re-elected Class I directors Peter Lattman and John L. Thornton.