SCHEDULE: BlackRock Discloses 9.2% Stake in OKLO INC CLASS A

BlackRock, Inc. has reported a 9.2% beneficial ownership stake in OKLO INC CLASS A, holding over 14.4 million Class A shares as of December 31, 2025.

Summary

• BlackRock, Inc. filed an Amendment No. 1 to Schedule 13G, disclosing its beneficial ownership in OKLO INC CLASS A.
• As of December 31, 2025, BlackRock beneficially owns 14,419,350 shares of OKLO INC CLASS A Class A Stock.
• This ownership represents 9.2% of the total outstanding Class A shares.
• BlackRock holds sole voting power over 14,008,793 shares and sole dispositive power over 14,419,350 shares.
• The shares were acquired in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
• BlackRock Fund Advisors, a subsidiary of BlackRock, Inc., is identified as an entity that beneficially owns 5% or greater of the outstanding shares of the security class.

Sentiment

Score: 7

Explanation: A significant stake by a major institutional investor like BlackRock is generally viewed positively as it implies a degree of confidence in the company's long-term prospects, even if it's a passive investment.

Positives

• A significant institutional investment from BlackRock, a major global asset manager, indicates a degree of confidence in OKLO INC CLASS A's long-term prospects.
• BlackRock's substantial stake (9.2%) suggests a passive, long-term investment perspective, as 13G filings are typically for investors not seeking to influence control.

Future Outlook

NA

Management Comments

• The securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11.

Industry Context

This filing indicates that a major institutional investor, BlackRock, has taken or maintained a significant passive stake in OKLO INC CLASS A. Such disclosures are common for large asset managers who hold positions across numerous public companies for their clients. It signals that OKLO INC CLASS A is part of BlackRock's investment portfolios, potentially through various funds, reflecting a broad market presence.

Stakeholder Impact

• Shareholders: Increased institutional ownership can lend credibility and stability to the stock, potentially attracting other investors. It also means a large block of shares is held by a passive investor, which might reduce short-term volatility from active trading.

Key Dates

Recommendation

A Schedule 13G filing primarily discloses a significant ownership stake by an institutional investor. While BlackRock's 9.2% stake in OKLO INC CLASS A is a positive signal of institutional confidence, this filing alone does not provide sufficient financial or operational details to make a definitive 'buy' or 'sell' recommendation. It indicates a passive investment, suggesting BlackRock is holding the shares for investment purposes rather than seeking to influence control. Therefore, a 'hold' recommendation is appropriate as this filing confirms institutional interest but doesn't offer new fundamental data for a change in investment thesis.

Keywords

BlackRock, OKLO INC CLASS A, Schedule 13G, beneficial ownership, institutional investor, Class A Stock, passive investment