Ascent Solar Technologies Inc. has announced a private placement, raising approximately $2 million through the sale of 1,025,643 shares of common stock (or pre-funded warrants), along with series A and short-term series B warrants. The shares and accompanying warrants were priced at $1.95 each, with the warrants exercisable at $1.70 per share. If all warrants are exercised, the company could receive up to an additional $3.5 million. The securities are being offered in a private placement under Section 4(a)(2) and/or Regulation D and have not been registered under the Securities Act. Net proceeds will be used for general working capital. H.C. Wainwright & Co. acted as the exclusive placement agent.