09:56 AM EST, 11/07/2025 (MT Newswires) -- ASP Isotopes ( ASPI ) subsidiary Quantum Leap energy said Friday it launched a $64.3 million private offering of convertible notes.

The notes will mature on the fifth anniversary of the initial closing, unless converted in accordance with their terms, Quantum Leap said.

The company said it intends to use the net proceeds from the offering to build and develop laser enrichment production facilities, as well as for general corporate purposes.

The issuance of the notes will result in the automatic conversion of Quantum Leap's outstanding convertible promissory notes issued in March 2024 and June 2024, pursuant to their terms, the company said.

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