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Oklo to Sell Shares Worth $400 Million

Jun 11, 2025 3:12 PM

04:49 PM EDT, 06/11/2025 (MT Newswires) -- Oklo ( OKLO ) said Wednesday it has launched a public offering to raise $400 million by selling shares of its common stock.

The company said it may allow underwriters to buy up to an additional $60 million in shares in 30 days.

Oklo ( OKLO ) plans to use the funds for general corporate needs, working capital, capital spending, and possible future investments, it added.

Shares of the company were down about 4.3% in recent trading.

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