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Oklo Inc., a pre-revenue company, has filed a $1 billion mixed securities shelf offering with the U.S. Securities and Exchange Commission. This filing authorizes Oklo to raise capital through the issuance of common stock, preferred stock, debt securities, and warrants. While there is no immediate plan to issue these securities, the shelf offering provides the company with flexibility to pursue strategic financing opportunities. Following the announcement, Oklo's stock price declined by approximately 6%.
$ODD — The alleged A.I. makeup company which once again just hit an ATH. Last time the stock was this high (a month ago) the founder dumped 5.5M shares or $390M worth. Bet a new large dump block of shares is coming! @ilmakiage https://t.co/sg6eROfbIT
$OKLO has filed a mixed shelf offering with the SEC, allowing for up to $1 billion in capital through common stock, preferred stock, debt securities, and warrants. No immediate issuance planned, but positions the company for strategic opportunities.
Pre-revenue $OKLO announces $1 Billion mixed shelf offering. Double top meltdown, anyone? ☢️ https://t.co/zakIkomCmP
