ASP Isotopes to swap $109M in QLE notes for common stock

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Go back to ASP Isotopes to swap $109M in QLE notes for common stock

ASP Isotopes Announces Agreements to Exchange Certain QLE Convertible Notes for ASPI Common Stock

July 15, 2026 5:58 PM EDT

DALLAS, July 15, 2026 (GLOBE NEWSWIRE) -- ASP Isotopes Inc. (NASDAQ: ASPI) ("ASPI", the "Company" or we) today announced that ASPI and Quantum Leap Energy LLC ("QLE"), a wholly-owned subsidiary of ASPI dedicated to advancing innovative technologies and processes across critical segments of the fission and fusion nuclear fuel cycle, have entered into separate, individually negotiated private exchange agreements (the Exchange Agreements) with certain holders of QLEs outstanding convertible promissory notes (the QLE Notes).

Under the terms of the Exchange Agreements, certain holders of QLE Notes have agreed to exchange approximately $109.2 million... More