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

Reuters
12 Jun
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))

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