Oklo files new $1 billion at-the-market share sale program, replacing $1.5 billion prior program
Oklo entered a new equity distribution agreement allowing it to sell up to $1 billion of Class A common stock through an at-the-market program with nine sales agents, and terminated its prior December 2025 program, which had a $1.5 billion capacity. The company reported that under the prior program it sold 15,774,224 shares for gross proceeds of about $1,499,867,429, so the new program would allow further share issuance that could dilute existing shareholders.
Key points
- New Sales Agreement dated May 13, 2026 covers up to $1,000,000,000 in aggregate gross sales proceeds of Class A common stock.
- Sales agents may be paid commissions of up to 1.5% of the gross sales price per share sold.
- Prior Sales Agreement, dated December 4, 2025, was terminated effective close of business May 13, 2026, with no termination penalties.
- Under the prior agreement, Oklo sold 15,774,224 shares for gross proceeds of about $1,499,867,429.
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 13, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.