Announced
Financials
Sources
Tags
United States
Electric Power Generation
Alternative Fuels
Acquisition
Domestic
Majority
De-SPAC
Reverse Takeover
Private
Pending
Friendly
Single Bidder
Synopsis
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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