Oklo Terminates Material Agreement and Enters New One

Oklo Inc. (OKLO) entered a material definitive agreement and simultaneously terminated a prior material definitive agreement, according to an 8-K filed with the SEC on May 13 2026.

The filing covers Item 1.01 Entry into a Material Definitive Agreement, Item 1.02 Termination of a Material Definitive Agreement, and Item 9.01 Financial Statements and Exhibits. It lists no dollar value for either contract and does not name the counterparty or contract type beyond the generic descriptions required by SEC form instructions.

Prior to the filing Oklo operated under the now-terminated agreement. The new agreement replaces it effective immediately upon execution. The company must attach copies of the material agreements or summaries as exhibits in the 8-K, which becomes part of its permanent SEC record.

The termination ends Oklo's obligations and rights under the prior contract while the new agreement imposes fresh performance requirements, payment schedules or delivery milestones. Oklo must now comply with any notice, regulatory filing or closing conditions stated in the new contract.

Future operational or financial effects will appear in subsequent quarterly reports on Form 10-Q or annual reports on Form 10-K once quantified.

Downstream the new agreement may require Oklo to seek additional regulatory approvals, meet defined milestones that unlock further financing or supply arrangements, or trigger disclosures to the NYSE if the contract meets the exchange's materiality thresholds.

Counterparties to the terminated agreement lose their contractual recourse against Oklo except for any surviving indemnification or confidentiality clauses explicitly carried forward.

This marks the latest contractual shift disclosed by the nuclear-energy developer since it became a public company. The original agreements referenced in the filing are not detailed in the current 8-K beyond the fact of their entry and termination.