Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
AltC Acquisition Corp. Market Cap
From what 0 stock analysts predict, the share price for AltC Acquisition Corp. (ALCC) might decrease by 100% in the next year. This is based on a 12-month average estimation for ALCC. Price targets go from $ to $. The majority of stock analysts believe ALCC is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
ALCC is a stock in Financial Services which has been forecasted to be worth $ as an average. On the higher end, the forecast price is $ USD by from Citigroup and on the lower end ALCC is forecasted to be $ by from Citigroup.
These are the latest 20 analyst ratings of ALCC.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
Citigroup | Neutral | Initiates | Jun 4, 2024 |
When did it IPO
2021
Staff Count
0
Country
United States
Sector/Industry
Financial Services/Shell Companies
CEO
Mr. Samuel H. Altman
Market Cap
$785.7M
In 2023, ALCC generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that ALCC's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Tue, 07 May 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - AltC Acquisition Corp. shareholders approved a $306 million business combination with Oklo Inc. The deal is set to close on May 9, 2024, with Sam Altman as chairman of the new board.
Why It Matters - Sam Altman's leadership and the substantial funding from the AltC merger position Oklo for growth in the clean energy sector, potentially boosting investor confidence and stock performance.
Thu, 25 Apr 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - AltC Acquisition Corp. has scheduled a special meeting for May 7, 2024, to seek stockholder approval for its proposed merger with Oklo Inc., a clean power technology firm.
Why It Matters - The upcoming vote on the AltC and Oklo merger could influence stock prices, investor sentiment, and the future of clean energy investments. Approval may lead to increased market confidence and capital influx.
Thu, 05 Oct 2023
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - AltC Acquisition Corp. announced over $300 million will remain in its trust account after extending the redemption deadline to 5:00 p.m. ET on October 11, 2023.
Why It Matters - The extension of the redemption deadline and remaining funds in AltC's trust account indicate potential for future investments or acquisitions, impacting stockholder value and market confidence.
Wed, 27 Sep 2023
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - AltC Acquisition Corp. filed a Registration Statement with the SEC for its merger with Oklo Inc., a company focused on advanced fission power and nuclear fuel recycling, on September 27, 2023.
Why It Matters - The filing of the registration statement signals a step toward Oklo's potential public offering via AltC, which could influence investor sentiment and stock performance in the SPAC market.
Fri, 25 Aug 2023
Sentiment - NEUTRAL
Source - Accesswire
Summary - The Schall Law Firm is investigating potential fiduciary duty breaches by AltC Acquisition Corp.'s directors and management, focusing on shareholder interests.
Why It Matters - The investigation into AltC Acquisition Corp. may signal potential legal issues and fiduciary breaches, raising concerns about management practices and impacting shareholder value.
Thu, 03 Aug 2023
Sentiment - NEUTRAL
Source - Accesswire
Summary - The Schall Law Firm is investigating potential fiduciary duty breaches by directors of AltC Acquisition Corp. (NYSE:ALCC), which may affect shareholder interests.
Why It Matters - The investigation into AltC Acquisition's management may indicate potential legal risks and governance issues, impacting investor confidence and stock performance.
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