Oklo Inc 8-K, filed Feb 5, 2025
Oklo Inc. (OKLO)
About this 8-K
Oklo Inc filed this 8-K on February 5, 2025.
Items reported
- Item 3.01: Delisting notice or listing transfer
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On February 3, 2025, Christopher Wright was confirmed as the United States Secretary of Energy by the United States Senate and, as a result, resigned from the board of directors (the “Board”) of Oklo Inc. (the “Company”). Prior to his resignation, Mr. Wright was an independent director and a member of the Board’s Audit Committee, which was composed of three independent directors.
On February 4, 2025, as required by Section 303A.12(b) of the NYSE Listed Company Manual (the “Listed Company Manual”), the Company submitted an interim written affirmation to the New York Stock Exchange (the “NYSE”) as a notice of non-compliance with Section 303A.07(a) of the Listed Company Manual, which requires that the Audit Committee be composed of at least three independent directors. On February 5, 2025, the Company received an official notice of non-compliance from the NYSE (the “NYSE Notice”). The NYSE Notice does not have any immediate effect on the listing of the Company’s common stock, which remains trading under the trading symbol “OKLO.” The Board intends to appoint a new independent director, duly qualified for service on the Audit Committee, as soon as practicable.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Oklo Inc. | ||
| Date: February 5, 2025 | By: | /s/ R. Craig Bealmear |
| Name: | R. Craig Bealmear | |
| Title: | Chief Financial Officer | |