Ascent Solar Technologies Inc. Expands ATM Offering with New Prospectus, Plans to Raise Additional $758,818 Through Common Stock Sales

Reuters
Yesterday
<a href="https://laohu8.com/S/ASTI">Ascent Solar</a> Technologies Inc. Expands ATM Offering with New Prospectus, Plans to Raise Additional $758,818 Through Common Stock Sales

Ascent Solar Technologies Inc., a Delaware-based corporation, has filed a prospectus supplement to increase the number of shares available for sale under its At The Market Offering Agreement. Initially established on May 16, 2024, the agreement with H.C. Wainwright & Co., LLC allows the company to sell shares of its common stock with an aggregate sales price potentially reaching $4,219,000. Recent amendments have increased this amount by an additional $758,818. Since the agreement's inception, Ascent Solar has sold 1,537,783 shares, generating approximately $11.88 million in gross proceeds. The funds are intended for general and administrative expenses and other corporate purposes. The company's outstanding shares currently total 3,047,658.

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