Aspen Aerogels Enters Material Definitive Agreement

Ticker: ASPN · Form: 8-K · Filed: Oct 22, 2024 · CIK: 1145986

Aspen Aerogels Inc 8-K Filing Summary
FieldDetail
CompanyAspen Aerogels Inc (ASPN)
Form Type8-K
Filed DateOct 22, 2024
Risk Levelmedium
Pages3
Reading Time4 min
Key Dollar Amounts$0.00001, $20.00, $85 m
Sentimentneutral

Sentiment: neutral

Topics: material-agreement, definitive-agreement

TL;DR

Aspen Aerogels signed a big deal, details TBD.

AI Summary

On October 21, 2024, Aspen Aerogels, Inc. entered into a material definitive agreement. The filing does not disclose specific details of the agreement, the counterparty, or any associated financial figures.

Why It Matters

This filing indicates a significant new contract or partnership for Aspen Aerogels, which could impact its future revenue and operations.

Risk Assessment

Risk Level: medium — The lack of specific details in the filing creates uncertainty about the nature and impact of the agreement.

Key Players & Entities

  • Aspen Aerogels, Inc. (company) — Registrant

FAQ

What is the nature of the material definitive agreement entered into by Aspen Aerogels, Inc.?

The filing states that Aspen Aerogels, Inc. entered into a material definitive agreement on October 21, 2024, but does not provide specific details about its nature.

Who is the counterparty to this material definitive agreement?

The filing does not disclose the name of the other party involved in the material definitive agreement.

Are there any financial terms or dollar amounts associated with this agreement disclosed in the filing?

No, the filing does not mention any specific financial terms or dollar amounts related to the material definitive agreement.

What is the effective date of this material definitive agreement?

The earliest event reported, which includes the entry into the material definitive agreement, is dated October 21, 2024.

Under which section of the 8-K form is this agreement reported?

This agreement is reported under 'ITEM INFORMATION: Entry into a Material Definitive Agreement'.

Filing Stats: 884 words · 4 min read · ~3 pages · Grade level 10.6 · Accepted 2024-10-22 17:21:59

Key Financial Figures

  • $0.00001 — 0 shares of the Company's common stock, $0.00001 par value per share, to the Underwriter
  • $20.00 — price to the public in the Offering was $20.00 per share. Under the terms of the Under
  • $85 m — ny from the Offering are expected to be $85 million, before deducting underwriting di

Filing Documents

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits: Exhibit No. Description 1.1 Underwriting Agreement, dated as of October 21, 2024, by and among Aspen Aerogels, Inc. and Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC. 5.1 Opinion of Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. 23.1 Consent of Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. (included in Exhibit 5.1) 99.1 Pricing Press Release, dated October 21, 2024 104 Cover Page Interactive Data File (Formatted as Inline XBRL) 2

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Aspen Aerogels, Inc. Date: October 22, 2024 By: /s/ Ricardo C. Rodriguez Name: Ricardo C. Rodriguez Title: Chief Financial Officer and Treasurer 3

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