Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
ASP Isotopes Inc. incurred convertible notes of $64.3 million with certain institutional and individual investors at 8.0% per annum maturing five-year anniversary of the initial closing.
- Instrument
- convertible notes
- Principal
- $64.3 million
- Counterparty
- certain institutional and individual investors
- Rate
- 8.0% per annum
- Maturity
- five-year anniversary of the initial closing
- Event
- incurrence
Exact text from the filing
investors who are not a person in the United States or a U.S. Person (within the meaning of Rule 902(k) of Regulation S promulgated under the Securities Act) for approximately $64.3 million of QLE 2025 Notes. The initial closing of the offering is expected to be on or about November 17 or 18, 2025, subject to satisfaction of customary closing conditions, and at such
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Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
ASP Isotopes Inc. issued convertible note to certain institutional and individual investors for approximately $64.3 million.
- Security
- convertible note
- Purchaser
- certain institutional and individual investors
- Consideration
- approximately $64.3 million
Exact text from the filing
On November 7, 2025, Quantum Leap Energy LLC (“QLE”), a wholly owned subsidiary of ASP Isotopes Inc. (“ASPI”), entered into a Convertible Note Purchase Agreement (the “Purchase Agreement”) with certain institutional and individual investors (collectively, the “Purchasers”), to issue and sell to the Purchasers convertible promissory notes of QLE (the “QLE 2025 Notes”) in an offering to accredited investors under Regulation D or Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), or investors who are not a person in the United States or a U.S. Person (within the meaning of Rule 902(k) of Regulation S promulgated under the Securities Act) for approximately $64.3 million of QLE 2025 Notes.
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