AltC Acquisition Stockholders Approve Major Corporate Changes

AltC Acquisition (ALCC) has provided an announcement.

AltC Acquisition Corp. successfully convened a special stockholder meeting on May 7, 2024, where a quorum of over 72% of stockholders approved several critical proposals, including a merger with Oklo Inc. The stockholders also voted on changes to the capital structure, amendments to corporate governance, new equity and stock purchase plans, and the election of directors. Despite a small number of shares being redeemed for cash, the merger is set to proceed with significant stockholder backing, reflecting confidence in the future of the combined entity.

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