IPO - ASP Isotopes Inc.

Form Type: 8-K

Filing Date: 2025-06-02

Corporate Action: Ipo

Type: New

Accession Number: 000147793225004309

Filing Summary: On June 2, 2025, ASP Isotopes Inc. entered into an underwriting agreement with Cantor Fitzgerald & Co. for an underwritten registered direct offering of 7,518,797 shares of its common stock at a price of $6.65 per share. The underwriters will purchase the shares at a price of $6.251 per share. The company expects to generate net proceeds of approximately $46.8 million after deducting underwriting discounts and offering expenses. The offering is subject to customary closing conditions, and the estimated closing date is June 3, 2025. The offering is being conducted under a prospectus supplement and base prospectus part of the registration statement filed with the SEC which became effective on May 30, 2025. The Underwriting Agreement includes standard representations, warranties, covenants, and indemnification obligations. Additionally, a press release was issued on June 2, 2025, announcing the pricing of this offering.