Latham & Watkins Advises Oklo in US$400 Million Public Offering of Common Stock

Oklo Inc. (NYSE: OKLO), an advanced nuclear technology company, has announced the pricing of an underwritten public offering of 6,666,667 shares of its Class A common stock by the company at a price to the public of US$60.00 per share. The gross proceeds from the offering, before deducting underwriting discounts and commissions and offering expenses, are expected to be approximately US$400 million, excluding any exercise of the underwriters’ option to purchase additional shares.

Latham & Watkins LLP represented Oklo in the offering with a corporate team led by Houston partner Ryan Maierson, with associates KC Sands, Ryan Hudson, Chelsea Carlson, and Armaan Bhimani. Advice was also provided on tax matters by Houston partners Jim Cole and Christine Mainguy, with associate Molly Elkins; and on environmental matters by Los Angeles/Houston partner Joshua Marnitz, with associate Reilly Nelson.