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New Deal


Announced

Oklo to go 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

Pending

Friendly

Single Bidder

Synopsis

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Oklo, an advanced fission technology and nuclear fuel recycling company, agreed to go public via a merger with AltC, a special purpose acquisition company, in a $850m deal. “I am thrilled to announce this partnership that provides the opportunity for AltC’s shareholders to become investors in Oklo and fund the first deployment of the Aurora powerhouse. I think the two most important inputs to a great future are abundant intelligence and abundant energy. I have long been interested in the potential that nuclear energy offers to provide clean, reliable, and affordable energy at great scale," Sam Altman, AltC CEO.

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