$ASPI

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Top Midday Decliners

ASP Isotopes (ASPI) said Thursday its Noble Africa unit will merge with a subsidiary of Endra Life Sciences (NDRA) in a deal expected to result in a Nasdaq-listed company trading under the ticker NOBA.Shares of Endra dropped 32%, with intraday trading volume rising to more than 445,000 from the stock's daily average of about 21,000.DSC (DSC) priced an initial public offering of 3 million American depositary shares at $17 each, for a total offering size of about $51 million, the company said Thursday.Shares declined 38% after midday, with an intraday trading volume of about 661,000.Dell Technologies (DELL) is ending its enterprise computing distribution partnership with Arrow Enterprise Computing Solutions following a review of its North American distribution business, CRN reported Thursday, citing sources.The move could shift $1.4 billion to $2 billion in Dell channel business to rival distributors.Shares declined nearly 6%, with intraday trading volume at over 7.7 million versus a daily average of about 8.7 million.Price: $6.25, Change: $-0.82, Percent Change: -11.61%

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Wire3h ago

ASP Isotopes' Noble Africa to Merge With Endra

ASP Isotopes (ASPI) said Thursday its Noble Africa unit will merge with a subsidiary of Endra Life Sciences (NDRA) in a deal expected to result in a Nasdaq-listed company trading under the ticker NOBA.The deal includes a concurrent private placement expected to generate about $50 million in gross proceeds to support the development of Renergen's Virginia Gas Project.Upon closing, ASP Isotopes is expected to own about 89% of the combined company, with the transaction anticipated to close in Q3 or Q4.Shares of the company were down 9.6% in Thursday trading.Price: $6.39, Change: $-0.68, Percent Change: -9.55%

$ASPI$NDRA$NOBA

Wire44d ago

Update: ASP Isotopes Shares Rise After Unit Signs MOU With European Nuclear Technology Company

(Updates with the latest stock move in the headline and first paragraph.)ASP Isotopes (ASPI) shares were up 18% in Monday trading after the company said its subsidiary Quantum Leap Energy has entered into a non-binding memorandum of understanding with a European nuclear technology company specializing in advanced nuclear reactor development.Under the terms of the memorandum, which extends through Dec. 31, 2030, the two organizations will assess the viability of a long-term collaboration for the supply of high-assay low-enriched uranium with uranium-235 content of greater than 10%, the company said.The European partner could potentially provide uranium feedstocks for Quantum's planned conversion and enrichment facilities, the company said.Potential deliveries could begin in 2028 and scale up through 2036, the company said.Price: $6.38, Change: $+1.00, Percent Change: +18.59%

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