ASP Isotopes (ASPI) Stock Tanks After Scathing Short Seller Report – Hagens Berman

Core Viewpoint - The stock price of ASP Isotopes (NASDAQ: ASPI) plummeted by as much as 30% during intraday trading following a report from Fuzzy Panda Research alleging the company uses outdated technology and engages in stock promotion [1] Group 1: Allegations and Investigations - Fuzzy Panda Research published a report claiming ASP Isotopes is using old laser enrichment technology while presenting itself as a cutting-edge uranium enrichment company [3] - The report also alleged that ASP Isotopes employed individuals to promote its stock and that its technology was deemed "virtually worthless" by former Centrus executives [3] - Hagens Berman, a shareholder rights firm, has initiated an investigation into ASP Isotopes regarding its disclosures about its Aerodynamic Separation Process and Quantum Enrichment technology [2][4] Group 2: Market Reaction - Following the release of the report, ASP Isotopes' stock experienced a significant drop of 23% in a single trading day [3] - The price crash reflects investor concerns over the company's technology and potential misrepresentation of its commercial prospects [4] Group 3: Whistleblower Information - The investigation encourages whistleblowers with non-public information about ASP Isotopes to come forward, with potential rewards of up to 30% of any successful recovery made by the SEC [4]