Oklo shares rise after CEI acquisition
BUZZ-Oklo shares rise after CEI acquisition ** Shares of Sam-Altman backed nuclear technology company Oklo OKLO.N up 1% at $53.3 premarket
** Co acquires Creative Engineers (CEI) to strengthen sodium, alkali-metal capabilities
** The deal strengthens Oklo’s Aurora sodium-cooled program by boosting design, fabrication, testing and safety capabilities, while lowering deployment risk
** The acquisition adds a cash-flow-positive business and enhances engineering, fabrication, testing and R&D for Aurora commercialization - OKLO
** At last close, OKLO down 26.5%
(Reporting by Varun Sahay in Bengaluru)
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