India, July 11 -- ASP Isotopes Inc. (ASPI), a developer of advanced isotope production technologies, announced that shareholders of Renergen Limited overwhelmingly approved the company's acquisition through a scheme of arrangement under South African law.
At the July 10, 2025, meeting, 99.80% of voting shareholders supported the deal. The transaction will become effective in Q3 2025, pending the satisfaction or waiver of remaining regulatory approvals and third-party consents, which must be secured by September 30, 2025, unless extended.
Renergen, a South African company backed by the U.S. government due to helium's strategic importance, specializes in producing liquefied helium (LHe) and liquefied natural gas (LNG). The merger aims to fo...