Oklo Inc. announced on June 12, 2025, the pricing of its previously announced underwritten public offering of 6,666,667 shares of its Class A common stock at $60.00 per share. The gross proceeds from the offering are expected to be approximately $400 million, excluding any exercise of the underwriters’ option to purchase additional shares.
The company intends to use the net proceeds from this offering for general corporate purposes, working capital, and capital expenditures, as well as potential future investments. This capital infusion is crucial for funding Oklo's ambitious deployment and growth plans in advanced nuclear technology.
The offering is expected to close on June 16, 2025, subject to customary closing conditions. Goldman Sachs & Co. LLC and BofA Securities are acting as lead book-running managers for the offering, with Citigroup and J.P. Morgan also serving as book-running managers.
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