Oklo's Trading Volume Skyrockets 353.77% to Rank 13th in Market Activity

On June 11, 2025, Oklo's trading volume reached 35.69 billion, marking a significant increase of 353.77% compared to the previous day, ranking 13th in the day's stock market activity. Oklo's stock price surged by 29.48%.

Oklo Inc. has announced a proposed public offering of common stock, aiming to raise $400 million. The company has also granted underwriters a 30-day option to purchase up to an additional $60 million in shares. This move is part of Oklo's strategy to secure funding for its ongoing projects and future growth.

Oklo, a nuclear startup, has seen its stock price soar to an all-time high following a significant government deal. The company's public offering of $400 million in common shares, with an underwriters option to purchase up to an additional $60 million, is expected to provide the necessary capital for its operations and expansion.

Oklo intends to use the net proceeds from the public offering for general corporate purposes, working capital, and capital expenditures. This funding will support the company's development of fast fission power plants, which aim to provide clean and affordable energy at scale. Additionally, Oklo is engaged in advanced fuel recycling technologies, furthering its commitment to sustainable energy solutions.