Tiger Brokers

REFILE-BUZZ-Oklo slips after launching $400 mln stock offering

Reuters
Jun 12, 2025
REFILE-BUZZ-Oklo slips after launching $400 mln stock offering

Removes duplicated term "post-market" in first bullet

** Oklo's OKLO.N shares down 5.5% to $64.32 post-market as nuclear technology firm backed by Sam Altman seeks equity

** Co after the bell commences $400 mln stock offering for general purposes, working capital, capex and potential future investments

** OKLO shares on Weds soared to record high before finishing up nearly 30% at $68.03 as co moves closer to power purchase agreement with U.S. Air Force

** Goldman Sachs and BofA lead bookrunners for stock offering

** With ~139.5 mln shares outstanding, co has ~$9.5 bln market cap, per LSEG data

** Shares ended 2024 at $21.23 and were trading around $9.50 a year ago

(Lance Tupper is a Reuters market analyst. The views expressed are his own)

((lance.tupper@tr.com 1-646-279-6380))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10