ASPI unit restructures ZAR230.5M loan with Standard Bank; capitalizes interest

ASP Isotopes Inc.

Renergen, ASPI subsidiary, signed Second Amendment on Aug 14, 2026; new ZAR230.5M (~$14.2M) term loan includes capitalized unpaid interest from prior ZAR155M facility.
Loan matures Aug 14, 2027; interest at Compounded Reference Rate +1.46% margin (effective 8.31%), default interest +2%.
Security includes collateral account and pledge of 1,546,268 ASPI shares by NTIGT; ASPI granted put option to Standard Bank to buy those shares at JSE VWAP.
Borrower must deliver by Nov 30, 2026 waivers of defaults under IDC, DFC, Molopo Energy, and AIRSOL SRL funding agreements.
Cross-defaults on any debt of Borrower, Tetra4, NTIGT, or ASPI trigger event of default.

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