ASP Isotopes Inc. Announces Pricing of Public Offering of Common Stock

Core Viewpoint - ASP Isotopes Inc. has announced a public offering of 17,167,380 shares of its common stock, aiming to raise approximately $210.3 million before expenses, with the offering expected to close on October 16, 2025 [1][4]. Group 1: Offering Details - The company has granted underwriters a 30-day option to purchase approximately $31.5 million of additional shares at the offering price [2]. - The last sale price of the shares on October 14, 2025, was reported at $14.05 per share [3]. - The offering is made under a shelf registration statement filed with the SEC on October 14, 2025, which became effective upon filing [5]. Group 2: Use of Proceeds - The net proceeds from the offering will be used for general corporate purposes, including working capital, operating expenses, and capital expenditures [4]. Group 3: Company Overview - ASP Isotopes Inc. is focused on developing technology and processes for isotope production, particularly for healthcare and technology industries, utilizing proprietary Aerodynamic Separation Process technology [7]. - The company plans to enrich isotopes for the nuclear energy sector using Quantum Enrichment technology [7]. - There is a growing demand for various isotopes, including Silicon-28 for quantum computing and Molybdenum isotopes for healthcare applications, indicating a robust market potential for the company's offerings [8].