Oklo to Host Investor Day on Friday, February 2, 2024

Rhea-AI Summary

Oklo Inc. will host an Investor Day to provide commentary on its business model, technology, commercial and operational developments, and go-to-market strategy. The company also announced a definitive business combination agreement with AltC Acquisition Corp., expected to close in early 2024, leading to the company's listing on the New York Stock Exchange under the ticker 'OKLO.'

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Oklo Inc. (“Oklo”), an advanced fission technology and nuclear fuel recycling company, today announced that it will host an Investor Day on Friday, February 2, 2024 from 9:00 a.m. to 11:30 a.m. ET.

Oklo's Aurora powerhouse (Image: Gensler)

Jacob DeWitte, Co-Founder and Chief Executive Officer; Caroline Cochran, Co-Founder and Chief Operating Officer; Craig Bealmear, Chief Financial Officer; Sam Altman, Chairman; and other senior leaders will provide commentary on Oklo’s business model, technology, recent commercial and operational developments and go-to-market strategy.

The event will be streamed live from New York and will be available for replay at https://app.webinar.net/4Pb7J2QxqgM. A copy of the investor presentation will be available the day of the event on Oklo’s website at https://oklo.com/investor.

As previously announced on July 11, 2023, Oklo and AltC Acquisition Corp. (“AltC”) (NYSE: ALCC), a special purpose acquisition company, entered into a definitive business combination agreement. The business combination is expected to close in early 2024, subject to stockholder approvals and the satisfaction of all other closing conditions. Upon completion of the transaction, the combined company will operate as Oklo and is expected to be listed on the New York Stock Exchange under the ticker “OKLO.”

About Oklo Inc.

Oklo Inc. is developing fast fission power plants to provide clean, reliable, and affordable energy at scale. Oklo received a site use permit from the U.S. Department of Energy, was awarded fuel material from Idaho National Laboratory, submitted the first advanced fission custom combined license application to the Nuclear Regulatory Commission, and is developing advanced fuel recycling technologies in collaboration with the U.S. Department of Energy and U.S. national laboratories.

About AltC Acquisition Corp.

AltC Acquisition Corp. was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240119125606/en/

Media Contacts

Christina Stenson / Michael Landau

Gladstone Place Partners

(212) 230-5930

Media Contact for Oklo:

Bonita Chester

Oklo Inc.

Director of Communications and Media

media@oklo.com

Investor Contact

Caldwell Bailey / Eduardo Royes

ICR, Inc.

OkloIR@icrinc.com

Source: Oklo Inc.

FAQ

When will Oklo host its Investor Day?

Oklo will host its Investor Day on Friday, February 2, 2024 from 9:00 a.m. to 11:30 a.m. ET.

What is the ticker symbol for Oklo after the business combination agreement?

The ticker symbol for Oklo after the business combination agreement will be 'OKLO' on the New York Stock Exchange.

What is the expected timeline for the business combination with AltC Acquisition Corp. to close?

The business combination with AltC Acquisition Corp. is expected to close in early 2024, subject to stockholder approvals and the satisfaction of all other closing conditions.

Where can the investor presentation be accessed?

The investor presentation will be available on the day of the event on Oklo’s website at https://oklo.com/investor.

Who are the key leaders providing commentary at the Investor Day?

Jacob DeWitte, Caroline Cochran, Craig Bealmear, Sam Altman, and other senior leaders will provide commentary at the Investor Day.