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Oklo launches up to $1 billion stock sale program

The Motley Fool +1 ·

OKLO
OKLO Oklo Inc
$31.78 -1.33%
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  1. 1Oklo launched an at-the-market (ATM) program for stock sales of up to $1 billion on September 11.
  2. 2The number of shares outstanding at the time of Oklo's SPAC merger completion was approximately 122.1 million shares.
  3. 3Oklo's stock price hit a 52-week low on October 8.

So what's the key point?

Oklo has decided to sell new shares for up to $1 billion. The company is issuing shares, and its stock price has reached a 52-week low.

Source The Motley Fool +1 · View original ↗

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