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Announced

Completed

Oklo went public via a merger with AltC in a $850m deal.

Financials

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Transaction Value£662m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Electric Power Generation

Alternative Fuels

Acquisition

Domestic

Majority

De-SPAC

Reverse Takeover

Private

Friendly

Single Bidder

Completed

Synopsis

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Oklo, an advanced fission technology and nuclear fuel recycling company, went public via a merger with AltC, a special purpose acquisition company, in a $850m deal. “Today is a milestone for the entire Oklo team. As one of the initial investors in the company, I’ve seen first-hand how Oklo has proven itself to be a clean energy leader and innovator, developing a cost-competitive go-to-market strategy, and solidifying important relationships with regulators, customers, and suppliers. There are huge growth opportunities ahead. With Jake, Caroline, and the rest of the management team at the helm, I am confident they will continue pioneering advanced fission energy solutions as a public company," Sam Altman, AltC CEO.

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