AltC Acquisition Corp
For the period ended Dec 31, 2023. Filed Mar 29, 2024.
View on SEC.govAbout this filing
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FY2023 · Filed Mar 29, 2024
OKLO$26.84+14.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| | | | | | | |
|---|---|---|---|---|---|---|
| · December 31, · December 31, | ||||||
| · · 2023 · · 2022 | ||||||
| ASSETS · · · · · | ||||||
| Current assets | | | | | | |
| Cash | | $1,628,692 | | $3,577,359 | ||
| Prepaid expenses | | 430,720 | | 420,828 | ||
| Total current assets | | | 2,059,412 | | | 3,998,187 |
| | | | | | ||
| Marketable securities held in Trust Account | | | 303,560,538 | | | 506,140,080 |
| TOTAL ASSETS | | $305,619,950 | | $510,138,267 | ||
| | | | | | | |
| LIABILITIES AND STOCKHOLDERS’ DEFICIT | | | ||||
| Current liabilities: | | | | | | |
| Accrued expenses | | $526,952 | | $303,257 | ||
| Excise tax liability | | | 2,159,147 | | | — |
| Income taxes payable | | | 805,086 | | | 1,180,272 |
| Total current liabilities | | | 3,491,185 | | | 1,483,529 |
| | | | | | | |
| Deferred tax liability | | | — | | | 294,084 |
| Deferred legal fee | | | 92,441 | | | 118,715 |
| Deferred underwriting fee payable | | | 7,000,000 | | | 17,500,000 |
| Total liabilities | | 10,583,626 | | 19,396,328 | ||
| | | | ||||
| Commitments and contingencies | | | ||||
| Class A common stock subject to possible redemption, 29,150,521 and 50,000,000 shares at redemption value of approximately $10.41 and $10.09 at December 31, 2023 and December 31, 2022, respectively | | | 303,415,774 | | | 504,544,687 |
| | | | ||||
| Stockholders’ deficit | | | ||||
| Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding at December 31, 2023 and December 31, 2022, respectively | | — | | — | ||
| Class A common stock, $0.0001 par value; 500,000,000 shares authorized; 1,450,000 shares issued and outstanding (excluding 29,150,521 and 50,000,000 shares subject to possible redemption) at December 31, 2023 and December 31, 2022, respectively | | 145 | | 145 | ||
| Class B common stock, $0.0001 par value; 100,000,000 shares authorized; 12,500,000 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively | | 1,250 | | 1,250 | ||
| Additional paid-in capital | | 7,939,799 | | — | ||
| Accumulated deficit | | (16,320,644) | | (13,804,143) | ||
| Total stockholders’ deficit | | (8,379,450) | | (13,802,748) | ||
| TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT | | $305,619,950 | | $510,138,267 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.