Form 8-K - Current report
October 15 2024 - 4:01PM
Edgar (US Regulatory)
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2024-10-09
2024-10-09
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
October 9, 2024
Oklo
Inc.
(Exact name of registrant as specified in its
charter)
Delaware |
|
001-40583 |
|
86-2292473 |
(State or other jurisdiction
of incorporation) |
|
(Commission File Number) |
|
(I.R.S. Employer
Identification No.) |
3190 Coronado Dr. Santa Clara, CA |
|
95054 |
(Address of principal executive offices) |
|
(Zip Code) |
(650)
550-0127
(Registrant’s telephone
number, including area code)
Check the appropriate box
below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following
provisions:
¨ Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class |
|
Trading Symbol(s) |
|
Name of each exchange
on which registered |
Class
A Common Stock, par value $0.0001 per share |
|
OKLO |
|
New York Stock Exchange |
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2
of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company x
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act.
Item 4.01 Changes in Registrant’s Certifying
Accountant.
(a) Resignation of Independent Registered Public Accounting Firm
Effective
October 9, 2024, the Audit Committee of the Board of Directors (the “Audit Committee”) of Oklo Inc., a Delaware corporation
(the “Company”; prior to the consummation of the business combination with AltC Acquisition Corp. on May 9, 2024, “Legacy
Oklo”), dismissed Marcum LLP (“Marcum”) as the Company’s independent registered public accounting firm.
Marcum’s
audit reports on the Company’s financial statements as of and for the year ended December 31, 2023 and 2022 did not contain an
adverse opinion or a disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principles.
During
the two most recent fiscal years ended December 31, 2023 and 2022, and the subsequent interim period through the date of this Current
Report on Form 8-K: (1) there were no “disagreements” (as defined in Item 304(a)(1)(iv) of Regulation S-K) with Marcum on
any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements,
if not resolved to the satisfaction of Marcum, would have caused Marcum to make reference to the subject matter of such disagreements
in connection with its reports on the financial statements for such years, and (2) there were no “reportable events” (as
defined in Item 304(a)(1)(v) of Regulation S-K), except for the material weaknesses in Legacy Oklo’s internal control over financial
reporting for the fiscal year ended December 31, 2022, which were remediated in 2023, as disclosed in Part I, Item 4 of the Company’s
Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2024.
The
Company provided Marcum with a copy of this report prior to its filing with the Securities and Exchange Commission (the “SEC”)
and requested that Marcum furnish the Company with a letter addressed to the SEC stating whether Marcum agrees with the statements made
by the Company in this report and, if not, stating the respects, if any, in which Marcum does not agree with such statements. A copy
of the letter from Marcum is filed as Exhibit 16.1 to this Current Report on Form 8-K.
(b)
Appointment of New Independent Registered Public Accounting Firm
Effective
October 10, 2024, the Audit Committee approved the appointment of Deloitte & Touche LLP (“Deloitte”) as its new independent
registered public accounting firm. The Company has authorized Marcum to respond fully to the inquiries of Deloitte, as the successor
independent registered accounting firm.
During the fiscal
years ended December 31, 2023 and 2022, and the subsequent interim period through the date of this Current Report on Form 8-K, neither
the Company nor anyone acting on its behalf consulted Deloitte regarding either (i) the application of accounting principles to a specified
transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company’s financial statements,
and neither a written report nor oral advice was provided to the Company by Deloitte that Deloitte concluded was an important factor considered
by the Company in reaching a decision as to any accounting, auditing or financial reporting issue or (ii) any matter that was the subject
of a “disagreement” within the meaning of Item 304(a)(1)(iv) of Regulation S-K or a “reportable event” within
the meaning of Item 304(a)(1)(v) of Regulation S-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
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: October 15, 2024 |
By: |
/s/ R. Craig Bealmear |
|
Name: |
R. Craig Bealmear |
|
Title: |
Chief Financial Officer |
Exhibit 16.1
October 15, 2024
Securities and Exchange Commission
100 F Street, N.E.
Washington, DC 20549
Commissioners:
We have read the statements made by Oklo Inc.
under Item 4.01 of its Form 8-K filed October 15, 2024. We agree with the statements concerning our Firm in such Form 8-K; we are not
in a position to agree or disagree with other statements of Oklo Inc. contained therein.
Very truly yours,
/s/ Marcum llp
Marcum llp
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