Oklo Inc. (OKLO) SEC Filings & Earnings Calls

Potential dilution from new equity distribution agreement; no cap disclosed.

“New agreement with same agents plus B. Riley; no maximum offering amount stated.”

Fuel Cost and Supply Chain Risk

“The cost environment for various sources of fuel (including HALEU) has increased significantly in recent years, which is why we are implementing a diversified fuel strategy. Tariffs, supply chain constraints, inflation, and evolving sanctions have impacted the market dynamics around fuel costs and availability.” · word for word

Construction and Deployment Risk

“We have an ambitious target of deploying our first powerhouse in 2028 amidst a range of supply chain, construction, macroeconomic, and design complexities.” · word for word

Regulatory and Licensing Risk

“Any potential use of such material would be subject to DOE authorization, applicable regulatory approvals, U.S. security, safeguards and material accountability requirements, applicable cost recovery requirements, and programmatic determinations regarding material availability.” · word for word

Insider selling risk

“On June 1, 2026, the Reporting Persons disposed of an aggregate of 200,000 shares of Class A Common Stock in multiple transactions at prices ranging from $64.57 to $70.56 per share ... On July 1, 2026, the Reporting Persons disposed of an aggregate of 200,000 shares of Class A Common Stock in multiple transactions at prices ranging from $51.52 to $54.30 per ” · word for word

Insider selling risk

“On June 1, 2026, the Reporting Persons disposed of an aggregate of 200,000 shares of Class A Common Stock in multiple transactions at prices ranging from $64.57 to $70.56 per share ... On July 1, 2026, the Reporting Persons disposed of an aggregate of 200,000 shares of Class A Common Stock in multiple transactions at prices ranging from $51.52 to $54.30 per ” · word for word

Fuel cost and availability risk

“The cost environment for various sources of fuel (including HALEU) has increased significantly in recent years... Tariffs, supply chain constraints, inflation, and evolving sanctions have impacted the market dynamics around fuel costs and availability.” · word for word

Deployment delay risk

“We have an ambitious target of deploying our first powerhouse in 2028 amidst a range of supply chain, construction, macroeconomic, and design complexities.” · word for word

Dilution risk from ongoing equity issuance

“Up to $1B in new shares may be sold, potentially diluting existing shareholders.”

Fuel cost and availability risk

“Fuel is a significant input to enable us to build and operate our powerhouses at scale and generate expected returns. The cost environment for various sources of fuel (including HALEU) has increased significantly in recent years, which is why we are implementing a diversified fuel strategy.” · word for word

Construction and deployment risk

“We have an ambitious target of deploying our first powerhouse in 2028 amidst a range of supply chain, construction, macroeconomic, and design complexities.” · word for word

Regulatory risk

“Any potential use of such materials would be subject to DOE authorization, applicable regulatory approvals, applicable cost recovery requirements, and programmatic determinations regarding material availability.” · word for word

Tariff and supply chain risk

“Tariffs, supply chain constraints, inflation, and evolving sanctions have impacted the market dynamics around fuel costs and availability.” · word for word

Founder selling pressure

“On March 2, 2026, the Reporting Persons disposed of an aggregate of 200,000 shares of Class A Common Stock in multiple transactions at prices ranging from $60.00 to $64.87 per share in a series of open-market transactions pursuant to their 10b5-1 Trading Plan entered into on March 31, 2025.” · word for word

Founder selling pressure

“On March 2, 2026, the Reporting Persons disposed of an aggregate of 200,000 shares of Class A Common Stock in multiple transactions at prices ranging from $60.00 to $64.87 per share in a series of open-market transactions pursuant to their 10b5-1 Trading Plan entered into on March 31, 2025.” · word for word

CTO departure could impact technology development; new board members may bring fresh oversight.

“CTO Patrick Schweiger transitions to senior technical advisor.”

Going concern risk

“We will require additional funding to continue our operations through commercialization. If we are unable to raise additional funding, we may be forced to liquidate our assets.” · word for word

Revenue generation risk

“We do not expect to generate meaningful revenue unless and until we are able to finalize development and commercialization of the Aurora product line, and we may not be able to do so on our anticipated timetable, if at all.” · word for word

Policy dependency risk

“Our business plan depends in part on federal, state, and local government policies and incentives that support the development, financing, ownership, and operation of renewable energy generation projects.” · word for word

Potential dilution from at-the-market equity offering

“Equity Distribution Agreement for at-the-market offering”

Tariff and trade policy risk

“Changes to trade policies, including higher tariffs, restrictions and other economic disincentives to trade, may lead to operational delays, higher procurement and operational costs, and regulatory and compliance complexities, resulting in supply chain disruptions and higher prices and lower demand for devices and services we sell.” · word for word

Government shutdown risk

“If the shutdown of the federal government is prolonged, we may not be able to effectively access the public markets, which could limit our ability to obtain necessary capital and may require us to raise capital on less favorable terms.” · word for word

Cost overrun risk

“We have received initial third‑party cost estimates related to building and fueling our Aurora powerhouses, which similarly include increases to the estimates we previously prepared in connection with the Recapitalization.” · word for word

First-of-a-kind deployment risk

“Building new fuel fabrication facilities and powerhouses is challenging as a result of many factors, including regulatory and construction complexity, and may take longer or cost more than we expect.” · word for word

Fuel cost and supply risk

“The cost environment for various sources of fuel (including HALEU) have increased significantly in recent years, which is why we are putting in place a diversified fuel strategy.” · word for word