---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-26-004337"
form_type: "8-K"
ticker: "ASPI"
cik: "0001921865"
company_name: "ASP Isotopes Inc."
filed_at: "2026-07-16T01:58:49+00:00"
generated_at: "2026-07-16T10:05:07.255265+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ASP Isotopes exchanges $109.2M QLE notes for 23.2M shares; QLE debt cut 50%

## Summary
- Exchange of ~$109.2M QLE convertible notes (plus accrued interest) for ~23.2M ASPI shares (17.8% of outstanding).
- QLE's outstanding notes reduced from $219.8M to $110.7M, a ~50% reduction.
- Exchange expected to close July 16, 2026; QLE continues to pursue separate public listing.
- ASPI may make future distribution of QLE equity to ASPI stockholders.
- Transaction structured to be broadly economically neutral to both ASPI stockholders and QLE noteholders.

## SEC filing metadata
- accession: 0001477932-26-004337
- form_type: 8-K
- ticker: ASPI
- cik: 0001921865
- company_name: ASP Isotopes Inc.
- filed_at: 2026-07-16T01:58:49+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1921865/000147793226004337/0001477932-26-004337-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1921865/000147793226004337/aspi_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-26-004337
- JSON: https://secwatch.observer/filing/0001477932-26-004337.json
- Plain text: https://secwatch.observer/filing/0001477932-26-004337.txt

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