AltC Acquisition Corp. Stockholders Approve Business Combination with Oklo [Yahoo! Finance]
AltC Acquisition Corp. Class A (ALCC)
Company Research
Source: Yahoo! Finance
Business combination expected to close May 9, 2024 NEW YORK May 7, 2024 /PRNewswire/ -- AltC Acquisition Corp. ("AltC") (NYSE: ALCC), a special purpose acquisition company, is pleased to announce that in a special meeting held today, AltC stockholders voted to approve the business combination between AltC and Oklo Inc. ("Oklo"), a fast fission clean power technology and nuclear fuel recycling company. Almost 100% of the votes cast at the meeting, representing approximately 72.7% of AltC's outstanding shares, voted to approve the business combination (the "Transaction"). AltC stockholders also voted to elect seven directors to the post-closing board of directors, comprised of proven industry leaders with deep operational, technical, and financial expertise, as well as strong networks across important end-markets to Oklo: Sam Altman (chairman) – current chairman of Oklo and chief executive officer of AltC Michael Klein – current chairman of AltC Jacob DeWitte – co-founder and
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ALCC
News
- Oklo Signs MOU with Atomic Alchemy to Collaborate on Isotope Production [Yahoo! Finance]Yahoo! Finance
- Sam Altman-backed Nuclear Start-up Crashes After Wall Street Debut [Barron's]Barrons
- Sam Altman takes nuclear energy company Oklo public to help power his AI ambitions [MSNBC.com]MSNBC.com
- Altman-Backed Oklo's Shares Slump in Debut After Hot SPAC Deal [Yahoo! Finance Canada]Yahoo! Finance Canada
- Altman-Backed Oklo's Shares Slump in Debut After Hot SPAC Deal [Financial Post (Toronto, Ontario, Canada)]Financial Post
ALCC
Sec Filings
- 5/9/24 - Form 8-K
- 5/8/24 - Form 10-Q
- 5/8/24 - Form 8-K
- ALCC's page on the SEC website