Oklo Inc. Announces Pricing of Public Offering of Common Stock

Oklo Inc. (“Oklo” or the “Company”) (NYSE: OKLO), an advanced nuclear technology company, today announced the pricing of its previously announced underwritten public offering of 6,666,667 shares of its Class A common stock, $0.0001 par value (“common stock”), by the Company at a price to the public of $60.00 per share. In connection with the offering, the Company also granted the underwriters a 30-day option to purchase up to an additional 1,000,000 shares of common stock at the public offering price from the Company. The gross proceeds from the offering, before deducting underwriting discounts and commissions and offering expenses, are expected to be approximately $400 million, excluding any exercise of the underwriters’ option to purchase additional shares.

The Company intends to use net proceeds of the offering for general corporate purposes, working capital and capital expenditures, and potential future investments.

Goldman Sachs & Co. LLC and BofA Securities are acting as lead book-running managers for the offering. Citigroup and J.P. Morgan are acting as book-running managers for the offering, with UBS Investment Bank also acting as a joint bookrunner for the offering. Canaccord Genuity, Cantor and William Blair are acting as co-managers for the offering. The offering is expected to close on June 16, 2025, subject to customary closing conditions.

The registration statement on Form S-3 relating to this offering was declared effective by the Securities and Exchange Commission (“SEC”) on June 12, 2025. The prospectus supplement and accompanying prospectus have been filed with the SEC and are available on the SEC’s website at www.sec.gov. The final terms of the offering will be disclosed in the final prospectus supplement to be filed with the SEC. The final prospectus supplement, when available, will be filed with the SEC and will be available on the SEC’s website at www.sec.gov. Copies of the prospectus supplement and accompanying prospectus, when available, may also be obtained from: Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282, telephone: [phone], facsimile: 212-902-9316 or by emailing [e-mail]; BofA Securities, NC1-022-02-25, 201 North Tryon Street, Charlotte, NC 28255-0001, Attn: Prospectus Department; Email: [e-mail]; Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 (Tel: [phone]) or J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by email at [e-mail] and [e-mail]. The final terms of the offering will be disclosed in the final prospectus supplement to be filed with the SEC.