---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-24-001931"
form_type: "8-K"
ticker: "ASPI"
cik: "0001921865"
company_name: "ASP Isotopes Inc."
filed_at: "2024-04-09T23:59:59+00:00"
generated_at: "2026-06-04T01:10:00.032525+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# ASP Isotopes receives ~$5.5M from warrant exercise, issues new warrants at $3.90 strike

## Summary
- Holder Armistice Capital exercises 3,164,557 existing warrants at $1.75 for ~$5.5M gross proceeds.
- Company issues 1,225,000 new warrants at $3.90, exercisable after 6 months, expiring in 5 years.
- Company agrees to 30-day no-issuance and 180-day no variable rate transaction covenants.
- Proceeds will be used for working capital and general corporate purposes.
- New warrants are unregistered; resale registration statement due within 30 days.

## SEC filing metadata
- accession: 0001477932-24-001931
- form_type: 8-K
- ticker: ASPI
- cik: 0001921865
- company_name: ASP Isotopes Inc.
- filed_at: 2024-04-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1921865/000147793224001931/0001477932-24-001931-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1921865/000147793224001931/aspi_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-24-001931
- JSON: https://secwatch.observer/filing/0001477932-24-001931.json
- Plain text: https://secwatch.observer/filing/0001477932-24-001931.txt

## Key facts
- Material Agreements
  ASP Isotopes Inc. entered into Inducement Agreement with a certain holder (the "Holder") of warrants to purchase shares of the Company’s common stock valued at aggregate gross proceeds of approximately $5.5 million (effective 2024-04-09).
  - Action: entry
  - Counterparty: a certain holder (the "Holder") of warrants to purchase shares of the Company’s common stock
  - Value: aggregate gross proceeds of approximately $5.5 million
  - Effective: 2024-04-09
  source text: On April 9, 2024, ASP Isotopes Inc. (the “Company”) entered into a warrant inducement agreement (the “Inducement Agreement”) with a certain holder (the “Holder”) of warrants to purchase shares of the Company’s common stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/1921865/000147793224001931/0001477932-24-001931-index.htm

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