Oklo sets up new $1 billion at-the-market stock sale program, replacing prior one
Oklo entered a new equity distribution agreement allowing it to sell up to $1,000,000,000 of Class A common stock through nine sales agents. It ended a prior $1 billion program dated May 13, 2026, which it terminated effective September 10, 2026, after selling 17,971,448 shares for gross proceeds of approximately $1,000,000,000. For shareholders, the new agreement gives Oklo capacity to issue more shares, which would increase the number of shares outstanding.
Key points
- New agreement dated September 11, 2026 with Goldman Sachs, BofA Securities, Citigroup, J.P. Morgan, Morgan Stanley, Barclays, Cantor Fitzgerald, Guggenheim, Canaccord Genuity and B. Riley Securities allows sales of up to $1,000,000,000 in g
- Oklo will pay the sales agents a commission of up to 1.5% of the gross sales price of shares sold.
- Prior agreement dated May 13, 2026 was terminated effective close of business September 10, 2026, with no termination penalties, after 17,971,448 shares were sold for about $1,000,000,000.
- Shares will be issued under shelf registration on Form S-3 (File No. 333-291157); the filing does not report any sales under the new program.
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 September 11, 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.