ASP Isotopes Announces Pricing Of Underwritten | Global Market News
(RTTNews) – ASP Isotopes (ASPI) introduced the pricing of an underwritten registered direct offering of 7,518,797 shares of its common stock at a price of $6.65 per share to a single elementary institutional investor. The gross proceeds, earlier than deducting underwriting reductions and commissions and offering bills, are anticipated to be roughly $50.0 million. The offering is predicted to close on or about June 3, 2025.
The company stated the online proceeds are anticipated for use for common company functions, in addition to funding the disbursement to Renergen underneath bridge loan settlement with Renergen.
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