AltC Acquisition Corp. (ALCC)
After hours:
| Previous Close | 12.81 |
| Open | 13.60 |
| Bid | 15.18 x 1100 |
| Ask | 15.10 x 800 |
| Day's Range | 13.47 - 14.89 |
| 52 Week Range | 10.27 - 17.49 |
| Volume | |
| Avg. Volume | 716,727 |
| Market Cap | 639.18M |
| Beta (5Y Monthly) | 0.04 |
| PE Ratio (TTM) | 74.15 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
- Bloomberg
Altman-Backed SPAC That’s Targeting Nuclear Firm Has Surged 22%
(Bloomberg) -- Investors have piled into the blank-check firm backed by Sam Altman and Michael Klein that’s taking a developer of advanced nuclear systems public, making it the top performing SPAC on the market.Most Read from BloombergTexas Toll Road Takeover to Cost Taxpayers at Least $1.7 BillionSaudi Crown Prince MBS’s $100 Billion Foreign Investment Quest FaltersS&P 500 Falls 1% as Oil Jump Spurs Flight to Bonds: Markets WrapGiving Up China Is Hard, Even for Argentina’s Anarcho-CapitalistApp
- Yahoo Finance Video
Nuclear startup backed by OpenAI's Sam Altman to go public via SPAC
Oklo, a nuclear fission startup backed by OpenAI CEO Sam Altman, will be going public via a merger with a special purpose acquisition company (SPAC) that Altman co-founded. It's coming at a time when many SPACs are still in limbo. Yahoo Finance Markets Reporter Jared Blikre reports on the deal and the state of the SPAC market.
- Reuters
UPDATE 1-Nuclear startup Oklo to go public in US via Sam Altman's SPAC
Sam Altman-backed Oklo has agreed to go public in the United States through a merger with his blank check firm in a deal that values the nuclear startup at $850 million, the companies said on Tuesday. Altman is bringing together Oklo that provides emission-free and affordable energy solutions and his special purpose acquisition company, AltC Acquisition Corp, in a deal that will fetch the combined company up to $500 million. Altman, CEO of OpenAI - the AI startup behind the viral chatbot ChatGPT - co-founded AltC Acquisition Corp, with Churchill Capital in July 2021, and has served as its CEO and chairman of Oklo.
