From NASDAQ.: 2025-06-13 18:38:00

Oklo, a next-generation nuclear company, announced a capital-raising effort that didn’t sit well with investors, leading to a more than 1% drop in stock value on Friday. The company revealed details of a secondary share issue priced at $60 per share, set to raise over $400 million with nearly 6.7 million shares floated. The underwriting syndicate, led by Goldman Sachs and Bank of America Securities, has the option to purchase up to 1 million additional shares at the same price. Despite recent successes, Oklo is still in need of capital, raising concerns about potential dilution for investors.

Before investing in Oklo, consider that the Motley Fool Stock Advisor team did not include it in their list of the 10 best stocks to buy right now. The top 10 stocks identified by the team have historically produced significant returns, with an average of 999% compared to the S&P 500’s 174%. Don’t miss out on the latest stock recommendations from Stock Advisor if you want to potentially achieve substantial returns in the future.

Bank of America, Citigroup, and JPMorgan Chase are advertising partners of Motley Fool Money. The author has no positions in the mentioned stocks, and The Motley Fool has positions in and recommends Bank of America, Goldman Sachs Group, and JPMorgan Chase.



Read more at NASDAQ.: Why Oklo Stock Slumped Today