ASP Isotopes advances Renergen acquisition after compliance approval

Tip Ranks
2025.12.18 12:58
portai
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ASP Isotopes Inc. announced that South Africa's Takeover Regulation Panel approved its acquisition of Renergen Limited. Renergen shareholders will receive 0.09196 new ASP Isotopes shares per Renergen share. Key milestones include the suspension and termination of Renergen's listings and the listing of new ASP Isotopes shares. The acquisition marks a significant step in ASP Isotopes' expansion. Analysts rate ASPI stock as Hold with a $6.00 price target, noting financial and technical challenges but some positive momentum from recent events.