Oklo raises $1.2B, signs Meta power deal, remediates controls weakness

Filed May 12, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 13, 2025 · ~2 min read

Key Changes

• high

  Raised $1.2B via ATM offering in Q1 2026, increasing cash to $2.5B from $261M year-ago. Operating spend guidance of $80-100M and investing spend of $350-450M for 2026 signals major capital deployment phase.

  MD&A: Capital Raise & Guidance verify on EDGAR →
• high

  Signed prepayment agreement with Meta for 1.2 GW power campus in Ohio. Meta will prepay for power and fund deployment, with proceeds securing nuclear fuel for first phase.

  MD&A: Meta Agreement verify on EDGAR →
• high

  Management concluded disclosure controls are now effective as of March 31, 2026, reversing prior 'not effective' conclusion. Material weakness in complex transactions no longer disclosed.

  Controls & Procedures verify on EDGAR →