SCHEDULE 13G/A: Paul Mann Discloses 11.9% Passive Stake in ASP Isotopes Inc.
Beneficial Ownership Disclosure
Paul Elliot Mann has reported a passive beneficial ownership of 11.9% in ASP Isotopes Inc., totaling 6,577,199 shares as of December 31, 2023.
Summary
- Paul Elliot Mann has filed an Amendment No. 1 to Schedule 13G, disclosing his beneficial ownership in ASP Isotopes Inc.
- As of December 31, 2023, Mr. Mann beneficially owns an aggregate of 6,577,199 shares of Common Stock.
- This ownership represents 11.9% of the company's outstanding Common Stock.
- The calculation of the percentage is based on 48,923,276 outstanding shares as of December 31, 2023.
- Mr. Mann holds sole voting power and sole dispositive power over all 6,577,199 shares.
- The total beneficial ownership includes 5,805,643 shares held directly by Paul Mann and 771,556 shares issuable upon the exercise of warrants exercisable within 60 days of December 31, 2023.
Sentiment
Score: 5
Explanation: This filing is a standard disclosure of beneficial ownership and does not contain operational or financial performance data to assess sentiment. It is neutral in nature.
Positives
- The disclosure of a significant individual stake (11.9%) by Paul Elliot Mann could be interpreted as a vote of confidence in ASP Isotopes Inc. by a substantial investor.
Future Outlook
This Schedule 13G filing is a disclosure of beneficial ownership and does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This filing is a standard regulatory disclosure of a significant passive ownership stake by an individual investor. It does not provide information related to broader industry trends or competitive positioning of ASP Isotopes Inc.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant individual shareholder's stake, which can be relevant for understanding the company's ownership structure.
Key Dates
| Date | Description |
|---|---|
| 12/31/2023 | Date of event which requires filing of this statement (beneficial ownership calculation date). |
| 02/14/2025 | Date of signature for the Schedule 13G filing. |
Keywords
ASP Isotopes Inc., Paul Elliot Mann, Schedule 13G, beneficial ownership, common stock, passive investment, shareholding, SEC filing
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