Oklo Plans $1.5 Billion At-the-Market Offering

1 minute read | December.08.2025

Oklo has entered into an equity distribution agreement that will enable it to raise up to $1.5 billion by selling shares of Class A common stock.

The company reached an agreement for an at-the-market offering with Goldman Sachs & Co. LLC, BofA Securities, Inc., Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, Barclays Capital Inc., TD Securities (USA) LLC, Guggenheim Securities, LLC, B. Riley Securities, Inc. and William Blair & Company, L.L.C.

Orrick advised Oklo on plans for the at-the-market offering.

THE COMPANY

Oklo is developing fast fission power plants to deliver clean, reliable, affordable energy at scale, establishing a domestic supply chain for critical radioisotopes and advancing nuclear fuel recycling to convert nuclear waste into clean energy.

THE TEAM

David Schwartz and Albert Vanderlaan led the team that advised Oklo. The team also included Travis Cherry, Andrew Allen and Parth Deshmukh.

LEARN MORE

Read More Orrick Client Results

Related Lawyers

David Schwartz Partner, Capital Markets, Governance aziendale

New York

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D:+1 212 506 5038
E: [email protected]

Practice:

Capital Markets
Governance aziendale
Mergers & Acquisitions

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David Schwartz Partner

New York

David is recognized as a trusted advisor who delivers valued execution and results.

Thomson Reuters has recognized David as a Stand-out Lawyer.
BTI Consulting has ranked David as a Client Service All Star.
Chambers has ranked David for his M&A work, with clients noting he is “on top of cutting-edge trends and ideas", "proactive, engaged and personable", and possesses a “depth of legal expertise” and “creative solutions to thorny problems” that “make him our go-to."
Legal500 has ranked David as a Leading Partner for M&A. He has also been featured in Legal500's US M&A Powerlist, with clients noting he "is an incredible relationship partner. His dedication to understanding our business and our ways of working is complimented by his proactive approach to providing innovative solutions and ideas."

Albert Vanderlaan Partner, Capital Markets, Governance aziendale

Boston

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D:+1 617 880 2219
E: [email protected]

Practice:

Technology & Innovation Sector
Capital Markets
Governance aziendale
Technology Companies Group
Life Sciences & HealthTech
Mergers & Acquisitions
Special Purpose Acquisition Companies (SPACs)

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Albert Vanderlaan Partner

Boston

Albert is involved in a broad range of corporate legal engagements for high growth technology companies, including IPOs, follow-on public offerings, private and public company securities law compliance matters, public company disclosure obligations, venture financings, mergers and acquisitions, de-SPAC transactions and SPAC IPOs. He also regularly advises public and private companies and their boards of directors on corporate governance issues.

Albert's clients include public and private companies in technology, energy, automotive, Internet related industries, real estate, finance and the life sciences (including, among others, immuno-oncology, gene therapy, restorative cell therapy and medical device companies). He also represents underwriters in initial public offerings, follow-on offerings and PIPE offerings and venture capital firms in a variety of investment transactions.

Albert was named to the Deal’s Top Rising Stars 2021 list, which recognizes top new partners at U.S. law firms who are “doing spectacular work in the field of deal-making and who have continued to progress in their career despite the obstacles put in front of them.”