Oklo entered an at-the-market equity distribution agreement for up to USD 1 billion of Class A common stock.
Goldman Sachs, BofA Securities, Citigroup, J.P. Morgan, Morgan Stanley, Barclays, Cantor Fitzgerald, Guggenheim, Canaccord, and B. Riley will act as agents.
Shares may be sold from time to time at prevailing market prices, prices linked to market levels, or negotiated prices.
Sales-agent commissions are set at up to 1.5% of gross sales proceeds, with expense reimbursement.
The program can be suspended by either side, and it ends when the agreement is terminated.