ALCC to acquire OKLO Inc -- Sam Altman (CEO of Open AI) taking 10+ year old Nuclear Fission company public

- Diamondback Energy (FANG) signed a letter of interest to use small nuclear reactors to power oil/gas rigs - Discussed small nuclear reactor trade, including Centrus Energy (LEU) and OKLO going public under ALCC ticker in merger - Merger transaction values Oklo at 850M, provides 500M in capital for operations, expected to go through in Q2 2024 - Sam Altman CEO of Open AI involved in merger, also invested in Helion, a nuclear fusion company - Oklo focused on small fission reactors while Helion focuses on fusion reactors - Oklo has been around since 2013, gaining support due to regulatory changes and increased power consumption - Not financial advice, poster holds 800 shares of Oklo at $12.66 and options for future dates