Connor Passarella

Stephen Sheldon

Eric Martinuzzi

Michael Richards

Andrew Harte

Bruce Goldfarb

Cimmaron

Clarke Jeffries

Max Campral

Maxime Gamperl

Max Michelis

Patrick McIlwee

- **Oklo Inc. has commenced construction** on its first Aurora powerhouse, the **Aurora-INL**, at Idaho National Laboratory as part of the U.S. Department of Energy’s Reactor Pilot Program.  **[1431695_48f62633446249e4a8838d33b39c4544]** 
- The Aurora-INL facility, which features a **sodium-cooled fast reactor**, is expected to create approximately **370 jobs during construction** and **70 to 80 long-term skilled positions**.  **[1431695_48f62633446249e4a8838d33b39c4544]** 
- **Kiewit Nuclear Solutions Co.** will serve as the lead constructor for the Aurora-INL powerhouse.  **[1431695_48f62633446249e4a8838d33b39c4544]** 
- Oklo has secured **three projects** through the DOE's Reactor Pilot Program, including two directly awarded to the company and one to its subsidiary Atomic Alchemy.  **[1431695_48f62633446249e4a8838d33b39c4544]**

Oklo Commences Construction on First Aurora Nuclear Powerhouse

- Olo Inc. was acquired by Olo Parent, Inc. (f/k/a Project Hospitality Parent, LLC) on **September 12, 2025**, becoming a wholly-owned subsidiary.  **[1431695_0001140361-25-034771_ef20055522_8k.htm:0]** 
- Each share of Olo Inc. Class A and Class B common stock was converted into the right to receive **$10.25 in cash**.  **[1431695_0001140361-25-034771_ef20055522_8k.htm:2]**  The total purchase price for outstanding common stock was approximately **$1.75 billion**, funded by equity contributions from funds managed by Thoma Bravo, L.P., and third-party debt financing.  **[1431695_0001140361-25-034771_ef20055522_8k.htm:4]** 
- Trading of Olo Inc.'s Class A Common Stock on the NYSE was halted, and the company initiated delisting and deregistration processes with the SEC.  **[1431695_0001140361-25-034771_ef20055522_8k.htm:4]** 
- The board of directors experienced significant changes, with Noah H. Glass and other directors resigning, and new directors appointed for the Surviving Corporation.  **[1431695_0001140361-25-034771_ef20055522_8k.htm:5]** 
- Executive compensation arrangements were amended, including full acceleration of RSUs for Joanna Lambert and Robert Morvillo, conversion of certain PSUs to time-based vesting for Noah Glass, Joanna Lambert, and Robert Morvillo, and payment of **$400,000** transaction bonuses to Peter Benevides, Joanna Lambert, and Robert Morvillo.  **[1431695_0001140361-25-034771_ef20055522_8k.htm:5]** **[1431695_0001140361-25-034771_ef20055522_8k.htm:6]**

Olo Inc. Completes Acquisition by Olo Parent, Inc.

- Olo Inc. entered into a **Merger Agreement** on **July 3, 2025**, to be acquired by Project Hospitality Parent, LLC, an affiliate of **Thoma Bravo, L.P.**.  **[1431695_0001140361-25-033224_ef20054803_8k.htm:1]** 
- The company is facing **stockholder complaints and demand letters** filed on **August 18 and 19, 2025**, alleging misrepresentation or omission of material information in the definitive proxy statement related to the merger.  **[1431695_0001140361-25-033224_ef20054803_8k.htm:2]** 
- In response to these legal actions, Olo is voluntarily providing **supplemental disclosures** to the definitive proxy statement, including updated financial analyses by Goldman Sachs that derive various illustrative equity values per share.  **[1431695_0001140361-25-033224_ef20054803_8k.htm:2]** **[1431695_0001140361-25-033224_ef20054803_8k.htm:5]** **[1431695_0001140361-25-033224_ef20054803_8k.htm:6]** **[1431695_0001140361-25-033224_ef20054803_8k.htm:7]** 
- The updated projections for fiscal year 2025 show **total revenue of $354 million** and **gross profit of $204 million**.  **[1431695_0001140361-25-033224_ef20054803_8k.htm:8]**

Olo Inc. Announces Merger Agreement and Addresses Stockholder Lawsuits

Olo (OLO)