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Yahoo
6 days ago
- Business
- Yahoo
ASP Isotopes prices 7.5M shares at $6.65 in underwritten direct offering
ASP Isotopes (ASPI) announced 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 fundamental institutional investor. The gross proceeds from the offering, before deducting underwriting discounts and commissions and offering expenses, are expected to be approximately $50.0 million. The offering is expected to close on or about June 3, 2025, subject to the satisfaction of customary closing conditions. Cantor and Canaccord Genuity acted as joint book-running managers for the offering. The net proceeds of this offering are expected to be used for general corporate purposes, including working capital, operating expenses, and capital expenditures, as well as funding the disbursement to Renergen under our bridge loan agreement with Renergen. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on ASPI: Disclaimer & DisclosureReport an Issue ASP Isotopes, Isotopia announce supply agreement for Gadolinium-160 ASP Isotopes issues letter to shareholders ASP Isotopes Secures $4.9 Million Through Stock Issuance Morning Movers: Apple slips following President Trump tariff threat Closing Bell Movers: Deckers falls 15% on weak guidance; Nuclear names rally
Yahoo
10-03-2025
- Business
- Yahoo
Intuitive Machines does not expect Athena to recharge, says mission concluded
Intuitive Machines (LUNR) has announced the IM-2 mission lunar lander, Athena, landed 250 meters from its intended landing site in the Mons Mouton region of the lunar south pole, inside of a crater. 'This was the southernmost lunar landing and surface operations ever achieved. Images downlinked from Athena on the lunar surface confirmed that Athena was on her side. After landing, mission controllers were able to accelerate several program and payload milestones, including NASA's PRIME-1 suite, before the lander's batteries depleted. With the direction of the sun, the orientation of the solar panels, and extreme cold temperatures in the crater, Intuitive Machines does not expect Athena to recharge. The mission has concluded and teams are continuing to assess the data collected throughout the mission. This southern pole region is lit by harsh sun angles and limited direct communication with the Earth. This area has been avoided due to its rugged terrain and Intuitive Machines believes the insights and achievements from IM-2 will open this region for further space exploration,' the company stated. Effectively assess a stock's risks and opportunities with a clear breakdown of its positive and negative factors. Uncover insightful assessments of a stock's market performance and potential with a comprehensive competitor analysis . Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on LUNR: Unusually active option classes on open March 7th Morning Movers: Walgreens up after go-private deal, Broadcom jumps on earnings Intuitive Machines lands on moon, orientation unknown, says Cantor Fitzgerald Intuitive Machines price target lowered to $22 from $26 at Canaccord Roth MKM in waiting mode after challenged Intuitive Machines mission
