---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-23-001555"
form_type: "8-K"
ticker: "ASPI"
cik: "0001921865"
company_name: "ASP Isotopes Inc."
filed_at: "2023-03-17T23:59:59+00:00"
generated_at: "2026-06-17T23:54:10.741112+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# ASP Isotopes raises ~$5M in private placement of common stock and warrants

## Summary
- Gross proceeds ~$5M; net proceeds ~$4.52M after placement agent fees and expenses.
- Issued 3,167,557 shares and warrants to purchase same number of shares at $1.58/unit.
- Warrants exercisable at $1.75/share, starting six months from issuance, 5.5-year term.
- H.C. Wainwright acted as exclusive placement agent, receiving 7% cash fee plus warrants.
- Net proceeds to be used for working capital and general corporate purposes.

## SEC filing metadata
- accession: 0001477932-23-001555
- form_type: 8-K
- ticker: ASPI
- cik: 0001921865
- company_name: ASP Isotopes Inc.
- filed_at: 2023-03-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1921865/000147793223001555/0001477932-23-001555-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1921865/000147793223001555/aspi_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-23-001555
- JSON: https://secwatch.observer/filing/0001477932-23-001555.json
- Plain text: https://secwatch.observer/filing/0001477932-23-001555.txt

## Key facts
- Material Agreements
  ASP Isotopes Inc. entered into Engagement Letter with H.C. Wainwright & Co., LLC valued at a total cash fee equal to 7.0% of the aggregate gross proceeds of the Offering (effective 2023-02-15).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: H.C. Wainwright & Co., LLC
  - Value: a total cash fee equal to 7.0% of the aggregate gross proceeds of the Offering
  - Effective: 2023-02-15
  source text: The Company engaged H.C. Wainwright & Co., LLC (the “Placement Agent”) to act as the Company’s exclusive placement agent in connection with the Offering, pursuant to the engagement letter (the “Engagement Letter”), dated as of February 15, 2023, between the Company and the Placement Agent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1921865/000147793223001555/0001477932-23-001555-index.htm
- Material Agreements
  ASP Isotopes Inc. entered into Securities Purchase Agreement with a single institutional investor valued at approximately $5 million (effective 2023-03-14).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: a single institutional investor
  - Value: approximately $5 million
  - Effective: 2023-03-14
  source text: On March 14, 2023, ASP Isotopes Inc., a Delaware corporation (the “Company”), entered into a Securities Purchase Agreement (the “Purchase Agreement”) with a single institutional investor (the “Purchaser”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1921865/000147793223001555/0001477932-23-001555-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.