Oklo completed its initial public offering in May 2024, raising over $300 million through a reverse merger with AltC Acquisition Corp. Following the IPO, Oklo's shares surged approximately 600%, and at one point, they increased more than tenfold from the IPO price. In 2025, Oklo raised over $400 million through a secondary share offering, floating nearly 6.7 million shares of class A common stock at $60 per share. The company also expanded its post-IPO equity offering by roughly $140 million, bringing the total size to just under $540 million. Oklo reported a narrower Q2 loss of $0.18 per share compared to a $0.27 loss a year earlier, reflecting improved EPS performance. However, the company also reported a net loss of $24.7 million for the second quarter, which was an improvement year over year. In the third quarter, Oklo's net loss widened to $0.20 per share, compared to a $0.08 loss a year earlier, indicating deteriorating earnings despite a positive share reaction. Oklo's net loss increased from $32 million in 2023 to $74 million in 2024, reflecting deteriorating earnings. The company was selected by the U.S. Department of Energy for three reactor pilot programs, advancing its microreactor development. Oklo also broke ground on its first Aurora Powerhouse at Idaho National Laboratory, marking a key step toward commercial deployment. The company announced plans to build a nuclear fuel recycling facility in Tennessee, with an investment budgeted up to $1.68 billion, establishing a new operational presence in the state.