Ascent Solar Technologies Announces up to $25 Million Private Placement Priced At-The-Market Under Nasdaq Rules

Core Viewpoint - Ascent Solar Technologies, Inc. has announced a private placement offering expected to raise approximately $10 million, with potential additional proceeds of up to $15 million from warrants [1][3]. Group 1: Offering Details - The company will sell 1,818,182 shares of common stock and warrants to purchase additional shares at a price of $5.50 per share [1]. - The series A warrants will expire five years from the effective date of the Resale Registration Statement, while the short-term series B warrants will expire eighteen months from the same date [1]. - The offering is expected to close on or about January 26, 2026, pending customary closing conditions [1]. Group 2: Financial Implications - Gross proceeds from the offering are anticipated to be around $10 million before deducting fees and expenses [3]. - If fully exercised, the series A and B warrants could generate an additional $15 million in gross proceeds [3]. - The net proceeds from the offering will be used for general working capital needs [3]. Group 3: Regulatory and Compliance - The securities are being offered in a private placement under Section 4(a)(2) of the Securities Act and have not been registered under applicable securities laws [4]. - The company has agreed to file registration statements with the SEC for the resale of the shares and warrants [4]. Group 4: Company Background - Ascent Solar Technologies has 40 years of R&D and 15 years of manufacturing experience, focusing on high-performance, flexible thin-film solar panels [7]. - The company's photovoltaic modules have been utilized in various applications, including space missions and commercial construction [8].