NYSE:OKLOElectric Utilities
Why Oklo (OKLO) Is Up 19.7% After Launching a $1.5 Billion ATM Stock Offering
Earlier this month, Oklo Inc. filed to raise up to US$1.50 billion through an at-the-market Class A common stock offering to fund its pre-revenue advanced nuclear reactor program and broader corporate needs.
The move underscores how capital-intensive Oklo’s path is, as it works toward licensing compact reactors aimed at powering energy-hungry AI data centers and other long-term customers.
We’ll now look at how this large at-the-market equity raise shapes Oklo’s investment narrative around...