Ascent Solar Reaches Extension Agreement with Investor to Restructure Existing Promissory Notes
Ascent Solar Technologies, Inc (ASTI)
US:NASDAQ Investor Relations:
ascentsolar.com/ir-events-presentations.html
Company Research
Source: Marketwire
THORNTON, CO -- (Marketwired) -- 09/20/17 -- Ascent Solar Technologies, Inc. (OTC PINK: ASTI), a developer and manufacturer of state-of-the-art, flexible thin-film photovoltaic (PV) solutions, announced that the Company has entered into a Promissory Note Exchange Agreement ("Agreement") with investor ("Investor") to restructure and extend the maturity of the existing Promissory Notes. Pursuant to the Agreement, the Investor exchanged and canceled 11 outstanding promissory notes (with an aggregate principal and accrued interest of $3,504,197.45) (the "Old Notes") for one new promissory note (the "New Note") having a principal amount of $3,504,197.45. The New Note will have an extended 3-year maturity on September 13, 2020 as opposed to the Old Notes, which would otherwise be due in the next 1 - 3 months. Principal and interest on the New Note will be payable in 36 equal monthly instalments starting from October 13, 2017. The Company also has the option to pay monthly inst
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News
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- Momentus and Ascent Solar Technologies Partner to Bring to Market Leading-Edge Solar Arrays [Yahoo! Finance]Yahoo! Finance
- Momentus and Ascent Solar Technologies Partner to Bring Leading-Edge Solar Arrays to MarketGlobeNewswire
- Ascent Solar Technologies, Inc. Announces Initial Closing of Public Offering of Common Stock and Pre-Funded Warrants [Yahoo! Finance]Yahoo! Finance
- Ascent Solar Technologies, Inc. Announces Initial Closing of Public Offering of Common Stock and Pre-Funded WarrantsGlobeNewswire
ASTI
Sec Filings
- 4/18/24 - Form 8-K
- 4/12/24 - Form 8-K
- 4/12/24 - Form 424B4
- ASTI's page on the SEC website