Welcome to our dedicated page for AltC Acquisition news (Ticker: ALCC), a resource for investors and traders seeking the latest updates and insights on AltC Acquisition stock.
AltC Acquisition Corp. (ALCC) is a special purpose acquisition company (SPAC) focused on strategic mergers in advanced technology sectors, including its landmark combination with Oklo Inc. to advance nuclear energy solutions. This page provides investors and industry observers with official press releases and curated analysis of ALCC's financial developments and strategic initiatives.
Track key updates including merger progress, regulatory filings, and partnership announcements. Our repository ensures timely access to primary source materials and expert interpretations of ALCC's role in clean energy innovation through its unique SPAC structure.
Discover coverage of business combinations, capital deployment strategies, and technological advancements in nuclear fission. Content spans operational milestones, leadership updates, and market positioning insights relevant to both institutional and individual investors.
Bookmark this page for streamlined access to ALCC's evolving narrative in energy transition markets. Verify critical information directly from company communications while staying informed about sector-shaping developments.
Oklo, a clean power technology and nuclear fuel recycling company, has filed a registration statement on Form S-1 with the U.S. SEC. This filing registers 62,440,080 shares of common stock that are currently unregistered for resale. These shares were previously detailed in a Form S-4 tied to Oklo's initial business combination. The filed registration does not register new shares for public issuance and does not create freely tradable shares immediately. All shares are subject to lock-up restrictions or performance vesting requirements. Shares held by Oklo's management and AltC Acquisition Sponsor are restricted, expiring in tranches over three years. The S-1 registration is not yet effective and may change.
Oklo, a company specializing in fast fission clean power technology and nuclear fuel recycling, has announced its participation in several notable upcoming investor conferences. These include the Evercore Global Clean Energy & Transition Technologies Summit on June 11-12, 2024, and the JP Morgan Energy, Power and Renewables Conference on June 17-18, 2024, both in New York. Oklo will also attend the Canaccord Genuity 44th Annual Growth Conference in Boston on August 13-15, 2024, and the Needham & Co. Industrial Tech, Robotics & Clean Tech 1x1 Conference on August 19-20, 2024, which will be held virtually. Interested parties can visit the Oklo Investor Events page or contact investors@oklo.com for more information.
Oklo, a company specializing in fast fission clean power technology and nuclear fuel recycling, has partnered with Wyoming Hyperscale to deliver 100 megawatts of clean power to a new data center campus. They have signed a non-binding letter of intent to collaborate on a 20-year Power Purchase Agreement. This partnership aims to address the growing demand for electricity driven by global digitalization and AI adoption. Both companies are committed to providing sustainable and efficient energy solutions. The announcement underscores Oklo's dedication to advancing sustainable energy practices and supporting high-efficiency operations within the data center industry.
AltC Acquisition Corp. stockholders approved a business combination with Oklo, a clean power technology company, resulting in over $306 million of gross proceeds for Oklo. The business combination is expected to close on May 9, 2024. Sam Altman will serve as the chairman of the newly appointed board of directors for Oklo.
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