ASP Isotopes prices 7.5M shares at $8.00 in registered direct offering

ASP Isotopes (ASPI) announced the pricing of an underwritten registered direct offering of 7.5M shares of its common stock at a price of $8.00 per share to a single fundamental institutional investor. The gross proceeds from the offering, before deducting underwriting discounts and commissions and offering expenses, are expected to be approximately $60M. The offering is expected to close on or about July 25, subject to the satisfaction of customary closing conditions. Cantor and Canaccord Genuity acted as joint book-running managers for the offering.