ASP Isotopes Inc. Announces Closing of an Additional Offering of Convertible Notes by Quantum Leap Energy
WASHINGTON, June 06, 2024 (GLOBE NEWSWIRE) — ASP Isotopes Inc. NASDAQ:ASPI (“ASP Isotopes” or “ASPI” or the “Company”), an advanced materials company dedicated to the development of technology and processes for the production of isotopes for use in multiple industries, announced today the closing of an additional offering of convertible notes by ASPI’s wholly-owned subsidiary, Quantum Leap Energy LLC (“QLE”). Approximately $5.4 million aggregate principal amount of QLE’s convertible notes (the “Notes”) were sold to accredited investors in transactions not involving any “public offering” within the meaning of Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and Rule 506 of Regulation D promulgated thereunder. The Notes have the same terms as QLE’s convertible notes that were offered and sold by QLE in Q1 2024 in “offshore transactions” outside the United States to non-U.S. persons in compliance with Regulation S under the Securities Act.