Oklo Updates On Recent Form S-1 Filing; Says Management And AltC Sponsor Shares Remain Subject To Long-Term Lock-Up Agreements
Portfolio Pulse from Benzinga Newsdesk
Oklo has provided an update on its recent Form S-1 filing, stating that management and AltC sponsor shares remain subject to long-term lock-up agreements.
June 20, 2024 | 9:29 pm
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Oklo's recent Form S-1 filing update indicates that management and AltC sponsor shares are still under long-term lock-up agreements, which could stabilize the stock price by preventing large sell-offs.
The long-term lock-up agreements for management and AltC sponsor shares suggest that there will be no immediate large sell-offs, which can help stabilize or potentially increase the stock price in the short term.
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