THORNTON, Colo., Jan. 14, 2025 (GLOBE NEWSWIRE) -- Ascent Solar Technologies ("Ascent" or the "Company") (NASDAQ:ASTI), the leading U.S. innovator in the design and manufacturing of featherweight, flexible thin-film photovoltaic (PV) solutions, today commented on its commercial progress and solar material development in 2024, as the Company looks ahead to continued corporate growth in 2025. "In the last year we made a more concerted effort toward optimizing our thin-film PV offerings for use in space enviro ...

The Series A Preferred Stock may be converted into shares of common stock at the option of the Company if the closing price of the common stock exceeds $23.2 billion, adjusted for reverse stock splits, for twenty consecutive trading days, or by the holder at any time. The Company has the right to redeem the Series A Preferred Stock at a price of $8.00 per share, plus any accrued and unpaid dividends, plus the make-whole amount (if applicable). At September 30, 2024, the preferred shares were not eligible fo ...

THORNTON, Colo., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Ascent Solar Technologies (“Ascent” or the “Company”) (Nasdaq: ASTI), the leading U.S. innovator in the design and manufacturing of featherweight, flexible thin-film photovoltaic (PV) solutions, today commented on its positioning withing the solar industry after its previously-announced reverse stock split, which takes effect before market open on August 15, 2024. “By effecting the reverse stock split, we believe we have better positioned the company to suc ...

Core Viewpoint - Ascent Solar Technologies, Inc. will execute a 1-for-100 reverse stock split effective before market open on August 15, 2024, to meet Nasdaq listing standards and increase its stock price above $1.00 [1][2][3] Group 1: Reverse Stock Split Details - The reverse stock split was approved by stockholders at the 2024 Annual Stockholders Meeting on August 7, 2024, and will combine every hundred shares into one share [1][2] - The new CUSIP number for the common stock will be 043635804, and trading on a split-adjusted basis will commence on August 15, 2024 [2] - The total number of issued and outstanding shares is expected to decrease from approximately 102 million to about 1.02 million post-split [3] Group 2: Impact on Stock Options and Warrants - The reverse stock split will also apply to common stock issuable upon the exercise of outstanding warrants, stock options, and restricted stock units, with proportional adjustments to exercise prices [3] Group 3: Company Background - Ascent Solar Technologies is a leader in flexible thin-film photovoltaic solutions, with 40 years of R&D and 15 years of manufacturing experience [4] - The company's PV modules have been utilized in various applications, including space missions and commercial construction, showcasing their versatility and performance [4]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Securities registered pursuant to Section 12(b) of the Act: FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to Commission File No. 001-32919 Ascent Solar Technologies, Inc. (Exact name of registrant as specified i ...

THORNTON, Colo., July 25, 2024 (GLOBE NEWSWIRE) -- Ascent Solar Technologies, (Nasdaq: ASTI) (“Ascent” or the “Company”), the leading U.S. innovator in the design and manufacture of featherweight, flexible, and durable CIGS thin-film photovoltaic (PV) solutions, today announced that CEO Paul Warley will attend two major industry and investor events this summer: ASCEND 2024 and the H.C. Wainwright 26th Annual Global Investment Conference. ASCEND 2024, which takes place in Las Vegas from July 30th to August 1 ...

Core Insights - Ascent Solar Technologies is actively participating in two significant industry events this summer, ASCEND 2024 and the H.C. Wainwright 26th Annual Global Investment Conference, to showcase its advancements in CIGS technology and connect with potential partners and investors [1][2][3] Group 1: Event Participation - CEO Paul Warley will attend ASCEND 2024 in Las Vegas from July 30th to August 1st, focusing on materials science and technology innovations [1] - Warley will also present at the H.C. Wainwright 26th Annual Global Investment Conference in New York City from September 9th to 11th, aimed at presenting business models and strategies to a global investor audience [2] Group 2: Company Progress - The company has made significant advancements in its CIGS technology and has improved its corporate structure over the past year, which is expected to resonate with customers and investors [3] - Ascent Solar Technologies has a strong foundation with 40 years of R&D and 15 years of manufacturing experience, along with a comprehensive IP and patent portfolio [4] - The company's photovoltaic modules have been deployed in various applications, including space missions and industrial construction, highlighting their versatility and performance [4]

Ascent Solar (NASDAQ:ASTI) stock is up on Friday after the solar technology company announced the payoff of its debts.This is in connection to convertible notes that were issued to institutional investors on Dec. 19, 2022. Ascent Solar says that it has completely paid off the remaining institutional investor’s notes.According to Ascent Solar, this covers all of the liabilities it has to this investor under that equity agreement. As such, the company says that it no longer has any obligations remaining from ...

THORNTON, Colo., June 21, 2024 (GLOBE NEWSWIRE) -- Ascent Solar Technologies, (NASDAQ:ASTI) ("Ascent" or the "Company"), the leading U.S. innovator in the design and manufacture of featherweight, flexible, and durable CIGS thin-film photovoltaic (PV) solutions, today provided a corporate update on the Securities Purchase Contract with an institutional investor previously disclosed on December 19, 2022. The Company paid the remaining institutional investor's notes payable and related liabilities today. No fu ...

THORNTON, Colo., June 21, 2024 (GLOBE NEWSWIRE) -- Ascent Solar Technologies, (Nasdaq: ASTI) (“Ascent” or the “Company”), the leading U.S. innovator in the design and manufacture of featherweight, flexible, and durable CIGS thin-film photovoltaic (PV) solutions, today provided a corporate update on the Securities Purchase Contract with an institutional investor previously disclosed on December 19, 2022. The Company paid the remaining institutional investor’s notes payable and related liabilities today. No f ...