The Math Doesn't Lie: What Oklo's Stock Sales Actually Cost Investors
Oklo could change the way we use nuclear energy. But getting there hasn't been cheap.
Overview
Oklo (NYSE: OKLO) is betting that small-scale nuclear power can play a big role in the future of energy. Its Aurora Powerhouses are advanced small modular reactors (SMRs) designed to make nuclear energy easier to deploy. But bringing first-of-a-kind fast-fission plants to market requires heavy spending for this early-stage company.
To fund that growth, Oklo has repeatedly turned to equity investors. This year alone, the company announced two at-the-market stock-sale programs, each for up to $1 billion. Here is how these stock sales impact Oklo investors.
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Details
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Originally published at www.fool.com.
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