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AltC Acquisition files amended proxy for $850 million merger with Oklo

AltC Acquisition files amended proxy for $850 million merger with Oklo

04/16/24, 2:34 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgnew york
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsanta clara
Industry
renewable energy
energy
manufacturing
AltC Acquisition, co-founded by Sam Altman and Churchill Capital, filed an amended proxy and prospectus for its proposed $850 million merger with Oklo, an advanced fission power and nuclear fuel recycling company based in Santa Clara, CA. The terms of the deal include the issuance of nearly 94 million shares to Oklo, with an additional 15 million earnout shares to be issued based on certain performance targets.

Company Info

Company
AltC Acquisition
Location
New York, New York, United States
Company info
AltC Acquisition Corp. is a special purpose acquisition company focusing on identifying a business combination opportunity. It is a publicly traded company listed on the New York Stock Exchange under the ticker symbol ALCC.