SCHEDULE 13G/A: AltC Sponsor LLC and Affiliates Reduce Stake in Oklo Inc. Below 5% Threshold

AltC Sponsor LLC, M. Klein Associates, Inc., and Michael Klein have filed an amendment to their Schedule 13G, reporting that their collective beneficial ownership in Oklo Inc. Class A Common Stock has fallen below 5% following a pro rata distribution of shares.

Summary

• This document is an Amendment No. 1 to a Schedule 13G filing by AltC Sponsor LLC, M. Klein Associates, Inc., and Michael Klein (collectively, the "Reporting Persons") regarding their beneficial ownership of Oklo Inc.'s Class A Common Stock.
• The primary purpose of this amendment is to report that the Reporting Persons ceased to beneficially own more than five percent of Oklo Inc.'s Class A Common Stock.
• This change occurred due to a pro rata distribution of shares of Common Stock by AltC Sponsor LLC (the "Sponsor") to its members or their permitted transferees, including M. Klein Associates, Inc., on November 14, 2024.
• As of the filing, AltC Sponsor LLC beneficially owns 0 shares (0%) of Oklo Inc. Class A Common Stock.
• M. Klein Associates, Inc. and Michael Klein each beneficially own 500,000 shares, representing 0.41% of the Class A Common Stock.
• The percentage ownership is based on 122,096,270 shares of Common Stock outstanding as of November 14, 2024, as reported by Oklo Inc. in its Quarterly Report on Form 10-Q.

Sentiment

Score: 5

Explanation: The document is a factual, routine regulatory filing reporting a change in beneficial ownership. It contains no information that would inherently be considered positive or negative for Oklo Inc.'s operational or financial outlook.

Future Outlook

The document does not contain any forward-looking statements or guidance regarding Oklo Inc.'s future operations or financial performance.

Industry Context

This filing is a routine disclosure of a change in beneficial ownership by a significant shareholder group and does not provide broader industry context or trends for the nuclear energy or advanced reactor sector in which Oklo Inc. operates.

Stakeholder Impact

• Shareholders: The filing indicates a reduction in the collective stake of AltC Sponsor LLC and its affiliates below the 5% reporting threshold. This is a disclosure of a change in a significant holder's position, which is generally a neutral event unless it signals a specific strategic shift or lack of confidence, neither of which is indicated in this filing.

Key Dates

Keywords

Oklo Inc., Class A Common Stock, Schedule 13G/A, beneficial ownership, AltC Sponsor LLC, M. Klein Associates, Michael Klein, share distribution, SEC filing