Merger and Business Combination - The company entered into a merger agreement with Oklo on July 11, 2023, with an aggregate consideration of $850,000,000 plus additional net proceeds from Oklo's equity financing prior to closing [256][257]. - The merger is expected to be completed by July 12, 2024, following stockholder approval and satisfaction of other conditions [263]. - The company has extended the deadline for completing a business combination from October 12, 2023, to July 12, 2024 [263]. - The company has until July 12, 2024, to complete its initial business combination, or it will face mandatory liquidation [277]. Financial Performance - For the year ended December 31, 2023, the company reported a net income of $11,868,205, driven by interest income of $22,231,067 from marketable securities [265]. - Cash used in operating activities for the year ended December 31, 2023, was $10,844,603, reflecting the company's operational costs [269]. - The company had cash held in the trust account of $303,560,538 as of December 31, 2023, including $12,055,328 of interest income [271]. - As of December 31, 2023, the company had cash of $1,628,692 available for identifying and evaluating target businesses [274]. - The company may need to raise additional capital through loans or investments, with substantial doubt about its ability to continue as a going concern if a business combination is not completed by July 12, 2024 [276]. Initial Public Offering - The company completed its Initial Public Offering on July 12, 2021, raising gross proceeds of $500,000,000 from the sale of 50,000,000 Public Shares [267]. - The company has incurred $26,652,125 in transaction costs related to the Initial Public Offering, including $8,580,000 in underwriting fees [268]. - In October and November 2023, underwriting fees waived by BofA Securities, Goldman Sachs, and J.P. Morgan totaled approximately $10.5 million, with a remaining $7.0 million deferred fee contingent on the completion of a business combination [281]. Accounting and Financial Reporting - The company has not identified any critical accounting estimates that could materially differ from actual results [282]. - The company is reviewing the impact of ASU No. 2023-09, which will require additional disclosures in income tax reconciliations starting after December 15, 2024 [285]. - The company does not believe that any recently issued accounting standards will have a material effect on its financial statements [286]. - The company has no off-balance sheet financing arrangements as of December 31, 2023, and does not participate in transactions with unconsolidated entities [278]. - The company has not entered into any off-balance sheet financing arrangements or established special purpose entities [278]. - Class A common stock subject to possible redemption is classified as temporary equity and presented at redemption value outside of stockholders' deficit [283]. Administrative Expenses - The company has agreed to pay an affiliate of the Sponsor a total of $30,000 per month for office space and administrative services [280].

Core Insights - Oklo Inc. has successfully completed the second phase of the Thermal Hydraulic Experimental Test Article (THETA) testing campaign in collaboration with Argonne National Laboratory, focusing on the thermal-hydraulic behavior of its fast fission reactor design [1][2] - The THETA testing campaign aims to optimize reactor design and improve safety and economic potential for Oklo's fast fission technology [1][2] Company Overview - Oklo is developing fast fission power plants to provide clean, reliable, and affordable energy at scale, having received a site use permit from the U.S. Department of Energy and awarded fuel material from Idaho National Laboratory [3] - The company has submitted the first advanced fission custom combined license application to the Nuclear Regulatory Commission and is developing advanced fuel recycling technologies in collaboration with the U.S. Department of Energy and U.S. National Laboratories [3] Business Combination - On July 11, 2023, Oklo announced a definitive business combination agreement with AltC Acquisition Corp., which will result in the combined company being listed on the New York Stock Exchange under the ticker symbol "OKLO" upon closing [3]

PIKETON, Ohio & SANTA CLARA, Calif.--(BUSINESS WIRE)--Oklo Inc. (“Oklo”), an advanced fission technology and nuclear fuel recycling company, is pleased to announce the signing of an Option and Right of First Refusal to Purchase Real Estate (the “land rights agreement”) with the non-profit Southern Ohio Diversification Initiative (“SODI”) for land including options for the siting of two powerhouses. This agreement is an extension of Oklo and SODI’s announcement in May 2023, related to the deployment of tw ...

SANTA CLARA, Calif.--(BUSINESS WIRE)--Oklo Inc. (“Oklo”), a fast fission clean power technology and nuclear fuel recycling company, has announced that the U.S. Department of Energy (DOE) has reviewed and approved the Safety Design Strategy (SDS) for the Aurora Fuel Fabrication Facility at Idaho National Laboratory (INL). The Aurora Fuel Fabrication Facility is being designed to demonstrate the reuse of recovered nuclear material to support Oklo’s planned commercial advanced fission power plant demonstration ...

SANTA CLARA, Calif.--(BUSINESS WIRE)--Oklo Inc. (“Oklo”), an advanced fission technology and nuclear fuel recycling company, today announced that it will host an Investor Day on Friday, February 2, 2024 from 9:00 a.m. to 11:30 a.m. ET. Jacob DeWitte, Co-Founder and Chief Executive Officer; Caroline Cochran, Co-Founder and Chief Operating Officer; Craig Bealmear, Chief Financial Officer; Sam Altman, Chairman; and other senior leaders will provide commentary on Oklo’s business model, technology, recent com ...

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter ended September 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) For the transition period from to Commission file number: 001-40583 ALTC ACQUISITION CORP. (Exact Name of Registrant as Specified in Its Charter) | Delaware | 86-2292473 | | --- | ...

Table of Contents ALTC ACQUISITION CORP. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Exact Name of Registrant as Specified in Its Charter) FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter ended June 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-40583 | Delaware | 86-2292473 | | --- | --- ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter ended March 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-40583 ALTC ACQUISITION CORP. (Exact Name of Registrant as Specified in Its Charter) | Delaware | 86-2292473 | | --- | --- ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-40583 ALTC ACQUISITION CORP. (Exact Name of Registrant as Specified in Its Charter) Delaware 86-2292473 (I.R.S. Em ...