Oklo 8-K
NegativeEquity raise
New at-the-market equity program replaces the nearly fully used prior program, enabling further Class A share sales.
Filed 2026-05-13 17:22 ET
- 1.01 Entry into a Material Agreement
- 1.02 Termination of a Material Agreement
- 9.01 Financial Statements and Exhibits
Summary
A new at-the-market equity program replaces Oklo’s prior program. Oklo may sell up to $1B of Class A common stock through 10 sales agents; the prior program ended on 5/13/2026 after being nearly fully used.
Key Figures
- New program: up to $1B in gross stock sales; sales may be made at market-related or negotiated prices. Sales-agent commissions are up to 1.5% of gross proceeds.
- Prior program: 15.8M shares sold for ≈$1.5B in gross proceeds. Termination was effective at close of business on 5/13/2026, with no termination penalty.
Investor Takeaways
- Watch for sales under the new program and the resulting share-count change; the agreement permits issuance of up to $1B in gross proceeds.
The summary is written by an AI model reading the filing.
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