Oklo (OKLO) Registration Filing summary

Company overview and business model

• Founded in 2013, focuses on developing clean, reliable, affordable energy solutions at scale using next-generation fast fission power plants called Aurora powerhouses, which can run on fresh, recycled, or down-blended nuclear fuel.

• Employs a build, own, and operate model, selling electricity and heat directly to customers via power purchase agreements (PPAs), enabling recurring revenue and project financing flexibility.

• Commercializing nuclear fuel recycling technology to convert used nuclear fuel into usable fuel, aiming for vertical integration and a resilient domestic fuel supply chain.

• Aurora powerhouses are designed for inherent safety, modularity, and scalability, targeting outputs from 15 to 100+ MWe, with plans to deploy the first unit in 2028.

• Significant regulatory and deployment milestones achieved, including DOE site use permits, NRC readiness assessments, and selection for DOE Reactor Pilot Program projects.

Financial performance and metrics

• As of December 31, 2024, outstanding options cover approximately 9,470,382 shares of common stock with a weighted-average exercise price of $1.95 per share.

• Common stock is listed on the NYSE under the symbol "OKLO"; the closing price on November 12, 2025, was $111.17.

Use of proceeds and capital allocation

• Net proceeds from securities sales will be used as set forth in the applicable prospectus supplement for each offering.