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Benzinga
Benzinga
Business
Henry Khederian

Oklo Stock Is Down Friday: $1.5B Offering Drives Dilution Fears

Oklo Inc.

Oklo Inc (NYSE:OKLO) stock is trading lower Friday morning as investors react to the company's massive new capital raise. In a filing with the SEC from Thursday’s after-hours session, the company disclosed entry into an equity distribution agreement to sell up to $1.5 billion of its Class A common stock. Here’s what investors need to know.

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