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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM 8-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CURRENT REPORT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Date of Report (Date of earliest event reported):<B>
July 23, 2012</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>AMERICAN STANDARD ENERGY CORP.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Exact name of registrant as specified in
its charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 32%; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Delaware</TD>
    <TD STYLE="width: 3%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 31%; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">333-132948</TD>
    <TD STYLE="width: 3%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 31%; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">20-2791397</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">(State&nbsp;or&nbsp;other&nbsp;jurisdiction&nbsp;of<BR> incorporation&nbsp;or&nbsp;organization)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">(Commission&nbsp;File&nbsp;Number)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">(IRS&nbsp;Employer&nbsp;Identification&nbsp;No.)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 49%; font-weight: bold; text-align: center">4800 North Scottsdale Road</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 48%; font-weight: bold; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold; text-align: center">Suite 1400</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Scottsdale, Arizona</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">85251</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">(Address of principal executive offices)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">(Zip Code)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%; text-align: center">Registrant&rsquo;s telephone number, including area code:<B> (480) 371-1929</B></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 52%; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Not Applicable</TD>
    <TD STYLE="width: 24%; padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">(Former name or former address, if changed since last report)</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Wingdings">o</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Wingdings">o</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Wingdings">o</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b))</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Wingdings">o</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.75in"><B>Item1.01</B></TD><TD STYLE="text-align: justify"><B>Entry into a Material Definitive Agreement.</B></TD></TR></TABLE>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.75in"><B>Item2.03</B></TD><TD STYLE="text-align: justify"><B>Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
of a Registrant.</B></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.75in"><B>Item3.02</B></TD><TD STYLE="text-align: justify"><B>Unregistered Sales of Equity Securities.</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: -0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On July 23, 2012 (the &ldquo;Closing Date&rdquo;),
American Standard Energy, Corp. (the &ldquo;Company&rdquo;) and ASEN 2, Corp. (&ldquo;ASEN 2&rdquo;), a wholly-owned subsidiary
of the Company entered into a First Amendment to Note and Warrant Purchase Agreement (the &ldquo;Purchase Agreement Amendment&rdquo;)
with Pentwater Equity Opportunities Master Fund Ltd. and PWCM Master Fund Ltd. (collectively, &ldquo;Pentwater&rdquo;). Pursuant
to the Purchase Agreement Amendment, Pentwater advanced to ASEN 2 an additional $5 million and ASEN 2 delivered an Amended and
Restated Secured Convertible Promissory Note (&ldquo;Amended Note&rdquo;) in the amount of $25 million which is guaranteed by the
Company. All other material terms of the original Note and Warrant Purchase Agreement and Secured Convertible Promissory Note dated
February 9, 2012 remain unchanged and in full force and effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In connection with the Purchase Agreement
Amendment, the Company, Pentwater and two affiliated entities of Pentwater (collectively, the &ldquo;Investor&rdquo;) entered into
a Modification Agreement, dated July 23, 2012 which provided for (i) the amendment of certain warrants (the &ldquo;Purchase Warrants&rdquo;)
to purchase up to 3,333,333 shares of Common Stock, at an exercise price of $2.50 per share, issued to Pentwater pursuant to the
a Purchase Agreement dated February 9, 2012, to decrease the exercise price to $2.25 and to change the expiration date to June
30, 2019; (ii) the amendment of certain warrants (the &ldquo;Modification Warrants&rdquo;) to purchase up to 2,500,000 shares of
Common Stock, at an exercise price of $3.00 per share, issued to Investor pursuant to a Modification Agreement dated February 9,
2012, to decrease the exercise price to $2.25 and to change the expiration date to June 30, 2019; and (iii) the issuance of additional
warrants (the &ldquo;Additional Warrants&rdquo; and together with the Purchase Warrants and Modification Warrants, the &ldquo;Warrants&rdquo;)
to Pentwater to purchase up to 833,333 shares of Common Stock (the &ldquo;Additional Warrant Shares&rdquo; and together with the
Purchase Warrant Shares and the Modification Warrant Shares, the &ldquo;Warrant Shares&rdquo;), at an exercise price of $2.25 per
share with an expiration date of June 30, 2019.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The issuance of the Amended Note and Warrants
was not registered under the Securities Act and all of the above referenced issuances qualified for exemption under Section 4(2)
of the Securities Act since the issuance of securities by us did not involve a public offering. The issuance was not a &ldquo;public
offering&rdquo; as defined in Section 4(2) due to the insubstantial number of persons involved, size of the offering, manner of
the offering and number of securities offered. We did not undertake an offering in which we sold a high number of securities to
a high number of investors. In addition, the Investor represented that it had the necessary investment intent as required by Section
4(2) since Investor agreed to and received securities bearing a legend stating that such securities are restricted pursuant to
Rule 144 of the Securities Act. This restriction ensures that these securities would not be immediately redistributed into the
market and therefore not be part of a &ldquo;public offering.&rdquo; Based on an analysis of the above factors, we have met the
requirements to qualify for exemption under Section 4(2) of the Securities Act for this transaction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">This Current Report on Form 8-K contains
summaries of the material terms of various agreements executed in connection with the transactions described herein.&nbsp;&nbsp;The
summaries of these agreements are subject to, and qualified in their entirety by reference to these agreements, all of which are
attached as exhibits hereto and incorporated by reference herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-indent: -0.75in"><B>Item 9.01</B>&#9;<B>Financial
Statements and Exhibits.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Exhibits</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 7%; border-bottom: windowtext 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Number</B></P></TD>
    <TD STYLE="width: 3%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 90%; border-bottom: windowtext 1pt solid; font-weight: bold">Description</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">4.1</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">4.2</P></TD>
    <TD>&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Form of Warrant issued to Pentwater, dated
        July 23, 2012</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Form of Amended and Restated Series C Warrant
        issued to Investor, dated July 23, 2012</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: right">4.3</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">Form of Amended and Restated Warrant issued to Pentwater, dated July 23, 2012</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: right">10.1</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">First Amendment to Note and Warrant Purchase Agreement by and among the Company, ASEN 2, and Pentwater, dated as of July 23, 2012</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: right">10.2</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">Amended Secured Convertible Promissory Note issued by ASEN 2 to Pentwater, dated July 23, 2012</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: right">10.3</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">Modification Agreement by and among the Company, Pentwater and its affiliates, dated as of July 23, 2012</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;Dated: July 27, 2012</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold">AMERICAN STANDARD ENERGY CORP.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 53%">&nbsp;</TD>
    <TD STYLE="width: 4%">&nbsp;</TD>
    <TD STYLE="width: 32%">&nbsp;</TD>
    <TD STYLE="width: 11%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;By:</TD>
    <TD STYLE="border-bottom: windowtext 1pt solid; font-style: italic">/s/ Scott Feldhacker</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Scott Feldhacker</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Chief Executive Officer</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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{"company-data": {"conformed-name": "American Standard Energy Corp.", "cik": "0001349976", "assigned-sic": "1381", "irs-number": "202791397", "state-of-incorporation": "DE", "fiscal-year-end": "1130"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-54471", "film-number": "12990926"}, "business-address": {"street1": "4800 NORTH SCOTTSDALE ROAD", "street2": "SUITE 1400", "city": "SCOTTSDALE", "state": "AZ", "zip": "85281", "phone": "(757) 961-0866"}, "mail-address": {"street1": "4800 NORTH SCOTTSDALE ROAD", "street2": "SUITE 1400", "city": "SCOTTSDALE", "state": "AZ", "zip": "85281"}, "former-company": {"former-conformed-name": "Famous Uncle Als Hot Dogs & Grille Inc", "date-changed": "20060117"}}
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
July 23, 2012
AMERICAN STANDARD ENERGY CORP.
(Exact name of registrant as specified in
its charter)
Delaware
333-132948
20-2791397
(State or other jurisdiction of
incorporation or organization)
(Commission File Number)
(IRS Employer Identification No.)
4800 North Scottsdale Road
Suite 1400
Scottsdale, Arizona
85251
(Address of principal executive offices)
(Zip Code)
Registrant's telephone number, including area code:
(480) 371-1929
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12)
o
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b))
o
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))
Item1.01
Entry into a Material Definitive Agreement.
Item2.03
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
of a Registrant.
Item3.02
Unregistered Sales of Equity Securities.
On July 23, 2012 (the "Closing Date"),
American Standard Energy, Corp. (the "Company") and ASEN 2, Corp. ("ASEN 2"), a wholly-owned subsidiary
of the Company entered into a First Amendment to Note and Warrant Purchase Agreement (the "Purchase Agreement Amendment")
with Pentwater Equity Opportunities Master Fund Ltd. and PWCM Master Fund Ltd. (collectively, "Pentwater"). Pursuant
to the Purchase Agreement Amendment, Pentwater advanced to ASEN 2 an additional $5 million and ASEN 2 delivered an Amended and
Restated Secured Convertible Promissory Note ("Amended Note") in the amount of $25 million which is guaranteed by the
Company. All other material terms of the original Note and Warrant Purchase Agreement and Secured Convertible Promissory Note dated
February 9, 2012 remain unchanged and in full force and effect.
In connection with the Purchase Agreement
Amendment, the Company, Pentwater and two affiliated entities of Pentwater (collectively, the "Investor") entered into
a Modification Agreement, dated July 23, 2012 which provided for (i) the amendment of certain warrants (the "Purchase Warrants")
to purchase up to 3,333,333 shares of Common Stock, at an exercise price of $2.50 per share, issued to Pentwater pursuant to the
a Purchase Agreement dated February 9, 2012, to decrease the exercise price to $2.25 and to change the expiration date to June
30, 2019; (ii) the amendment of certain warrants (the "Modification Warrants") to purchase up to 2,500,000 shares of
Common Stock, at an exercise price of $3.00 per share, issued to Investor pursuant to a Modification Agreement dated February 9,
2012, to decrease the exercise price to $2.25 and to change the expiration date to June 30, 2019; and (iii) the issuance of additional
warrants (the "Additional Warrants" and together with the Purchase Warrants and Modification Warrants, the "Warrants")
to Pentwater to purchase up to 833,333 shares of Common Stock (the "Additional Warrant Shares" and together with the
Purchase Warrant Shares and the Modification Warrant Shares, the "Warrant Shares"), at an exercise price of $2.25 per
share with an expiration date of June 30, 2019.
The issuance of the Amended Note and Warrants
was not registered under the Securities Act and all of the above referenced issuances qualified for exemption under Section 4(2)
of the Securities Act since the issuance of securities by us did not involve a public offering. The issuance was not a "public
offering" as defined in Section 4(2) due to the insubstantial number of persons involved, size of the offering, manner of
the offering and number of securities offered. We did not undertake an offering in which we sold a high number of securities to
a high number of investors. In addition, the Investor represented that it had the necessary investment intent as required by Section
4(2) since Investor agreed to and received securities bearing a legend stating that such securities are restricted pursuant to
Rule 144 of the Securities Act. This restriction ensures that these securities would not be immediately redistributed into the
market and therefore not be part of a "public offering." Based on an analysis of the above factors, we have met the
requirements to qualify for exemption under Section 4(2) of the Securities Act for this transaction.
This Current Report on Form 8-K contains
summaries of the material terms of various agreements executed in connection with the transactions described herein.  The
summaries of these agreements are subject to, and qualified in their entirety by reference to these agreements, all of which are
attached as exhibits hereto and incorporated by reference herein.
Item 9.01
Financial
Statements and Exhibits.
(d)        Exhibits
Exhibit
Number
Description
4.1
4.2
Form of Warrant issued to Pentwater, dated
        July 23, 2012
Form of Amended and Restated Series C Warrant
        issued to Investor, dated July 23, 2012
4.3
Form of Amended and Restated Warrant issued to Pentwater, dated July 23, 2012
10.1
First Amendment to Note and Warrant Purchase Agreement by and among the Company, ASEN 2, and Pentwater, dated as of July 23, 2012
10.2
Amended Secured Convertible Promissory Note issued by ASEN 2 to Pentwater, dated July 23, 2012
10.3
Modification Agreement by and among the Company, Pentwater and its affiliates, dated as of July 23, 2012
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.
Dated: July 27, 2012
AMERICAN STANDARD ENERGY CORP.
By:
/s/ Scott Feldhacker
Scott Feldhacker
Chief Executive Officer