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0.384615384615385 0.384615384615385 0.307692307692308 0.076923076923077 0.153846153846154 0.0653846153846154 0.076923076923077 0.307692307692308
Stock impact report

Ascent Solar To Recognize Substantial Gain on Sale of Thornton Facility

Ascent Solar Technologies, Inc (ASTI) 
Company Research Source: GlobeNewswire
THORNTON, CO, April 18, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Ascent Solar Technologies, Inc. (OTCBB: ASTI), a developer and manufacturer of state-of-the-art, lightweight and flexible thin-film photovoltaic (PV) solutions, announces that the Company has entered into a real estate Purchase and Sale Agreement (the “Agreement”) with a Colorado limited liability company (the “Purchaser”). Pursuant to the terms of the Agreement, at closing the Company will sell its Thornton, Colorado manufacturing facility (the “Building”) to the Purchaser for a sales price of $13M.  The closing of the sale of the Building is subject to customary diligence by the Purchaser and satisfaction of other conditions precedent to closing.  The sale of the Building is expected to close in the early part of the 2019 third quarter. Following closing, the Company will have up to one hundred twenty (120) days of post-closing rent-free occupancy right to allow a smooth transition out of the Building, subjec Show less Read more
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