Oklo Establishes New $1 Billion At-The-Market Equity Offering Program

Oklo Inc. has entered into a new equity distribution agreement to sell up to $1,000,000,000 of its Class A common stock through an at-the-market (ATM) offering. This new program, effective September 11, 2026, was established immediately following the termination of a prior ATM agreement after the company successfully sold approximately $1 billion in shares under that program.

Key Details

• New ATM Program: The agreement, dated September 11, 2026, allows Oklo to offer and sell shares with aggregate gross proceeds of up to $1 billion from time to time.
• Termination of Prior Program: On September 10, 2026, Oklo terminated its previous equity distribution agreement from May 13, 2026. The company had sold approximately $1,000,000,000 in shares under this prior arrangement.
• Sales Agents & Terms: Sales agents include Goldman Sachs & Co. LLC, BofA Securities, Inc., and Citigroup Global Markets Inc., among others. The agents will receive a commission of up to 1.5% of the gross sales price per share.