secwatch.observer — SEC 8-K summary
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Issuer:     ASP Isotopes Inc. (ASPI)
CIK:        0001921865
Form:       8-K
Filed at:   2023-10-12T23:59:59+00:00
Accession:  0001477932-23-007572
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ASP Isotopes raises ~$9.1M via private placement of 9.95M shares; Tees River to own ~14%
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- Sold 9,952,510 shares at $0.9105-$0.96 per share for aggregate gross proceeds of ~$9.1M.
- Tees River Critical Resources Fund participated and will hold ~14% of outstanding shares post-closing.
- Company directors also purchased shares in the placement.
- Proceeds to fund working capital, achieve first revenues, and accelerate HALEU enrichment projects.
- Ocean Wall acted as sole placement agent, receiving 5% fee.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1921865/000147793223007572/0001477932-23-007572-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1921865/000147793223007572/aspi_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-23-007572

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer