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Stock impact report

Ascent Solar Technologies, Inc. Announces Pricing of $6,000,000 Public Offering of Shares of Common Stock

Ascent Solar Technologies, Inc (ASTI) 
Company Research Source: GlobeNewswire
THORNTON, Colo., April 10, 2024 (GLOBE NEWSWIRE) -- Ascent Solar Technologies, Inc. (“Ascent Solar” or the “Company”) (Nasdaq: ASTI), a U.S. innovator in the design and manufacturing of featherweight, flexible thin-film photovoltaic (PV) solutions, today announced the launch of a “best efforts” public offering of gross proceeds up to $6 million at a price of $0.14 per share of common stock (“Shares”). In lieu of Shares, investors can purchase one prefunded warrant to purchase a Share. The prefunded warrants are immediately exercisable at a price of $0.0001 per Share and only expire when such prefunded warrants are fully exercised. Dawson James Securities, Inc. is acting as the exclusive placement agent for the offering. This offering is being made by the Company pursuant to a registration statement on Form S-1 (File No. 333-277070), which was declared effective by the United States Securities and Exchange Commission (“SEC”) on April 9, 2024. The securities may only be offered by m Show less Read more
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