Oklo (NYSE:OKLO) Trading Down 6.2% - Here's What Happened
9 Articles
9 Articles
Oklo Stock Falls 7% After New $1 Billion Share Program—The Dilution Math
Oklo shares were down about 7.2% at $37.00 at 1:50 p.m. Eastern on Friday after the advanced-nuclear developer opened another $1 billion at-the-market stock program. The filing does not mean $1 billion of shares hit the market today. It does mean investors must again price a meaningful supply of potential new stock after Oklo used…
Should you buy the dip in OKLO stock today?
Santa Clara-headquartered Oklo Inc (OKLO) is slipping on Friday morning after the nuclear-tech company announced a massive new equity offering program. In a press release this morning, OKLO disclosed an equity distribution agreement that enables it to issue and sell up to $1 billion worth of its common stock through a syndicate of ten major financial institutions. The corporate filing on September 11 is adding to pressure on Oklo stock that’s no…
Oklo enters $1B equity distribution agreement with 10 banks
Oklo signed a new at-the-market agreement to sell up to $1B in stock through 10 banks, replacing a prior facility that raised approximately
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