Oklo Inc. Files S-1 with SEC

TL;DR

Oklo Inc. (formerly AltC Acquisition Corp.) filed its S-1, get ready for potential IPO news.

AI Summary

Oklo Inc. filed an S-1 form with the SEC on June 20, 2024, detailing its business as an electric services company. Previously known as AltC Acquisition Corp., the company is incorporated in Delaware and has its principal business address in Santa Clara, California. The filing provides financial information and business descriptions as of March 31, 2024.

Why It Matters

This S-1 filing provides crucial information for investors and the public regarding Oklo Inc.'s financial health and business operations as it potentially moves towards public trading.

Risk Assessment

Risk Level: medium — As an S-1 filing, it indicates a company is preparing for an IPO, which inherently carries market and execution risks.

Key Numbers

• 1231 — Fiscal Year End (Indicates the end of Oklo Inc.'s fiscal year for financial reporting.)
• 333-280344 — SEC File Number (Unique identifier for Oklo Inc.'s SEC filings.)

Key Players & Entities

• Oklo Inc. (company) — Filer of the S-1 document.
• AltC Acquisition Corp. (company) — Former name of Oklo Inc.
• 20240620 (date) — Date of filing and submission.
• 3190 CORONADO DR. SANTA CLARA CA 95054 (address) — Business and mailing address of Oklo Inc.
• 650-550-0127 (phone_number) — Business phone number for Oklo Inc.

FAQ

Key Financial Figures

• $0.0001 — 080 shares of our Class A Common Stock, $0.0001 par value (" Common Stock ") of Oklo In
• $10.00 — ") at an equity consideration value of $10.00 per share by certain of the Selling Hol
• $0.0006 — were originally purchased at a price of $0.0006 per share in connection with the Compan
• $9.89 — , the closing price of Common Stock was $9.89 per share. Table of Contents The Res
• $12.00 — ommon Stock is greater than or equal to $12.00 per share for 20 trading days within an
• $14.00 — ommon Stock is greater than or equal to $14.00 per share for 20 trading days within an
• $16.00 — ommon Stock is greater than or equal to $16.00 per share for 20 trading days within an
• $850,000,000 — " Equity Value " are to the sum of (i) $850,000,000 plus (ii) the amount of any net proceed
• $25.0 million — " February 2024 LOI Amount " are to the $25.0 million prepayment made by Equinix to Legacy Ok
• $0 — of AltC Class B common stock, par value $0.0001, prior to the Closing of the Busin

Filing Documents

• oklo-20240331xs1.htm (S-1) — 4579KB
• oklo-20240331xex5d1.htm (EX-5.1) — 29KB
• oklo-20240331xex10d12.htm (EX-10.12) — 17KB
• oklo-20240331xex23d1.htm (EX-23.1) — 3KB
• oklo-20240331xex23d2.htm (EX-23.2) — 2KB
• oklo-20240331xexfees.htm (EX-FILING FEES) — 25KB
• oklo-20240331xs1009.jpg (GRAPHIC) — 6KB
• oklo-20240331xs1012.jpg (GRAPHIC) — 22KB
• oklo-20240331xs1013.jpg (GRAPHIC) — 21KB
• oklo-20240331xs1014.jpg (GRAPHIC) — 12KB
• oklo-20240331xex5d1001.jpg (GRAPHIC) — 6KB
• oklo-20240331xex5d1002.jpg (GRAPHIC) — 2KB
• 0001104659-24-073383.txt ( ) — 20306KB
• oklo-20240331.xsd (EX-101.SCH) — 135KB
• oklo-20240331_cal.xml (EX-101.CAL) — 92KB
• oklo-20240331_def.xml (EX-101.DEF) — 716KB
• oklo-20240331_lab.xml (EX-101.LAB) — 732KB
• oklo-20240331_pre.xml (EX-101.PRE) — 1198KB
• oklo-20240331xs1_htm.xml (XML) — 2601KB

USE OF PROCEEDS

USE OF PROCEEDS 47 DETERMINATION OF OFFERING PRICE 47 MARKET INFORMATION FOR COMMON STOCK AND DIVIDEND POLICY 47 UNAUDITED PRO FORMA FINANCIAL INFORMATION 48

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 73 MANAGEMENT 86 EXECUTIVE AND DIRECTOR COMPENSATION 92 CERTAIN RELATIONSHIPS AND RELATED PERSON TRANSACTIONS 97 PRINCIPAL SECURITYHOLDERS 97 SELLING HOLDERS 100 PLAN OF DISTRIBUTION 102

DESCRIPTION OF SECURITIES

DESCRIPTION OF SECURITIES 108 SECURITIES ACT RESTRICTIONS ON RESALE OF SECURITIES 108 LEGAL MATTERS 114 EXPERTS 114 WHERE YOU CAN FIND ADDITIONAL INFORMATION 114 i Table of Contents PROSPECTUS SUMMARY This prospectus is part of a registration statement on Form S-1 that we filed with the Securities and Exchange Commission (the " SEC ") using the "shelf" registration process. Under the shelf registration process, the Selling Holders may, from time to time, sell the securities offered by them described in this prospectus through any means described in the section of this prospectus entitled " Plan of Distribution ." We will not receive any proceeds from the sale by such Selling Holders of the securities offered by them as described in this prospectus. Neither we nor the Selling Holders have authorized anyone to provide you with any information or to make any representations other than those contained in this prospectus, any post-effective amendment, any applicable prospectus supplement or any free writing prospectuses prepared by or on behalf of us or to which we have referred you. Neither we nor the Selling Holders take responsibility for and can provide no assurance as to the reliability of any other information that others may give you. Neither we nor the Selling Holders will make an offer to sell these securities in any jurisdiction where the offer or sale is not permitted. You should assume that the information appearing in this prospectus, any post-effective amendment and any applicable prospectus supplement to this prospectus is accurate only as of the date on its respective cover. Our business, financial condition, results of operations and prospects may have changed since those dates. This prospectus contains, and any post-effective amendment or any prospectus supplement may contain, market data and industry statistics and forecasts that are based on independent industry publications and other publicly available information. We believe thi

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View this S-1 filing on SEC EDGAR