AltC Acquisition Corp. (NYSE:ALCC) shares are trading higher Monday after Oklo announced an agreement with Diamondback Energy Inc. (NYSE:FANG) to collaborate on a long-term power purchase agreement.
The Details:
The LOI also includes options to renew and extend the potential power purchase agreement for an additional 20-year term.
On July 11, 2023, Oklo and AltC Acquisition Corp. announced that they have entered into a definitive business combination agreement that upon closing would result in the combined company to be listed on the New York Stock Exchange under the ticker symbol “OKLO.”
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How To Buy ALCC Stock:
By now you're likely curious about how to participate in the market for AltC Acquisition – be it to purchase shares, or even attempt to bet against the company.
In the the case of AltC Acquisition, which is trading at $16.11 as of publishing time, $100 would buy you 6.21 shares of stock.
ALCC Price Action: According to Benzinga Pro, AltC Acquisition shares are up 22.4% at $16.03 at the time of publication Monday.
Image: Gerd Altmann from Pixabay
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