INTERNATIONAL ISOTOPES Files 8-K: Material Agreement, Details Pending

TL;DR

**INTERNATIONAL ISOTOPES signed a big deal, but we don't know what it is yet.**

AI Summary

INTERNATIONAL ISOTOPES INC. filed an 8-K on February 8, 2024, indicating an "Entry into a Material Definitive Agreement" and "Regulation FD Disclosure." While the filing confirms these events, it does not provide specific details about the agreement or the disclosure. This matters to investors because without the specifics, it's impossible to assess the potential financial impact, positive or negative, of this material agreement on the company's stock price or future operations.

Why It Matters

This filing signals a significant event for INTERNATIONAL ISOTOPES INC. but lacks crucial details, leaving investors in the dark about its potential impact on the company's financial health and stock value.

Risk Assessment

Risk Level: medium — The lack of specific details about the material definitive agreement introduces uncertainty and potential risk for investors.

Analyst Insight

A smart investor would await further details regarding the "Material Definitive Agreement" and "Regulation FD Disclosure" before making any investment decisions, as the current filing lacks the necessary information to assess impact.

Key Players & Entities

• INTERNATIONAL ISOTOPES INC. (company) — the registrant filing the 8-K
• February 8, 2024 (date) — date of earliest event reported and filing date

Forward-Looking Statements

• INTERNATIONAL ISOTOPES INC. will file an amendment or a subsequent 8-K providing details of the material definitive agreement. (INTERNATIONAL ISOTOPES INC.) — high confidence, target: 2024-03-08

FAQ

Key Financial Figures

• $50,000 — in the Acquisition will consist of (i) $50,000 to be paid withing five business days o
• $12,500,000 — of the APA (the "Prepayment"), and (ii) $12,500,000 paid at the Closing, less the Prepaymen

Filing Documents

• inis20240208_8k.htm (8-K) — 28KB
• ex_624042.htm (EX-10.1) — 147KB
• ex_624133.htm (EX-99.1) — 10KB
• a01.jpg (GRAPHIC) — 8KB
• 0001437749-24-003529.txt ( ) — 351KB
• inis-20240208.xsd (EX-101.SCH) — 3KB
• inis-20240208_def.xml (EX-101.DEF) — 10KB
• inis-20240208_lab.xml (EX-101.LAB) — 14KB
• inis-20240208_pre.xml (EX-101.PRE) — 10KB
• inis20240208_8k_htm.xml (XML) — 2KB

01. Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement. On February 8, 2024, International Isotopes Inc. ("INIS") and its wholly-owned subsidiary International Isotopes Fluorine Products, Inc. (together with INIS, the "Company") entered into an Asset Purchase Agreement (the "APA") with American Fuel Resources, LLC ("AFR"), pursuant to which the Company agreed to sell to AFR all the assets and certain specified liabilities of the Company's depleted uranium deconversion and fluorine extraction plant (the "DUF 6 Plant"), subject to the terms and conditions set forth in the APA (the "Transaction"). The Company expects to close the Transaction in approximately 12 to 24 months, subject to satisfaction of certain closing conditions (the "Closing"). The purchase price to be paid by AFR in the Acquisition will consist of (i) $50,000 to be paid withing five business days of execution of the APA (the "Prepayment"), and (ii) $12,500,000 paid at the Closing, less the Prepayment. The APA contains customary representations and warranties, covenants and indemnification provisions for a transaction of this nature. Closing of the Transaction is also subject to certain closing conditions, including (i) transfer of the U.S. Nuclear Regulatory Commission (NRC) license related to the DUF 6 Plant (the "NRC License Transfer") and (ii) transfer of Purchased Assets (as defined in the APA), which includes licenses, patents, agreements, and other records of the DUF 6 Plant. The APA may be terminated, among other things, (i) upon mutual written consent by the parties to the APA, (ii) by either party upon material breach of the APA by the other party, subject to applicable cure periods, and (iii) by AFR if there is reason to believe that the NRC License Transfer will not be completed by March 31, 2026. The foregoing summary of the APA does not purport to be complete and is subject to and is qualified in its entirety by the terms of the APA, which is attached hereto as Exhibit 10.1, and incor

01. Regulation FD

Item 7.01. Regulation FD. On February 8, 2024, the Company issued a press release relating to the Transaction. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information in this Item 7.01 and Exhibit 99.1 furnished hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1*# Asset Purchased Agreement, dated February 8, 2024, among International Isotopes Inc., International Isotopes Fluorine Products, Inc. and American Fuel Resources, LLC. 99.1 Press Release, dated February 8, 2024. 104 Cover Page Interactive Data File (formatted as Inline XBRL). * Certain portions of the exhibit have been omitted pursuant to Rule 601(b)(10) of Regulation S-K. The omitted information is not material and is the type of information that the registrant treats as private or confidential. # Certain exhibits and schedules have been omitted pursuant to Item 601(b)(2) of Regulation S-K. The Company agrees to furnish supplementally to the Securities and Exchange Commission a copy of any omitted exhibits or schedules upon request.

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. INTERNATIONAL ISOTOPES INC. Date: February 8, 2024 By: /s/ Shahe Bagerdjian Shahe Bagerdjian Chief Executive Officer

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View this 8-K filing on SEC EDGAR