Olo (OLO) Company Report

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.
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.
Kiewit Nuclear Solutions Co. will serve as the lead constructor for the Aurora-INL powerhouse.
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.

Sep 22, 2025, 10:14 AM

Olo Inc. Completes Acquisition by Olo Parent, Inc.

OLO

M&A

Delisting/Listing Issues

Executive Compensation

Olo Inc. was acquired by Olo Parent, Inc. (f/k/a Project Hospitality Parent, LLC) on September 12, 2025, becoming a wholly-owned subsidiary.
Each share of Olo Inc. Class A and Class B common stock was converted into the right to receive $10.25 in cash. 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.
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.
The board of directors experienced significant changes, with Noah H. Glass and other directors resigning, and new directors appointed for the Surviving Corporation.
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.

Sep 12, 2025, 1:13 PM

Olo Inc. Announces Merger Agreement and Addresses Stockholder Lawsuits

OLO

M&A

Legal Proceedings

Takeover Bid

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..
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.
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.
The updated projections for fiscal year 2025 show total revenue of $354 million and gross profit of $204 million.

Aug 28, 2025, 9:20 PM

Earnings Transcripts

Quarterly earnings call transcripts for Olo.

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