Key Developments For Ascent Solar Technologies, Inc.
Ascent Solar Technologies, Inc. (ASTI.O) (Consolidated Issue listed on NASDAQ Global Market)
Ascent Solar Technologies, Inc. Unveils FlexPower Modules At Solar Power International
Ascent Solar Technologies, Inc. announced that it has unveiled its FlexPower line of products. The FlexPower class of modules, which includes Light, Mobile and Extreme, carries an industry power to weight ratio, achieves the highest power density of any flexible product currently available in the market and provides a unique form-fit capability.
Ascent Solar Technologies, Inc. To Supply Solar Modules To FTL Solar For NYSERDA Project
Ascent Solar Technologies, Inc. announced that they will be providing modules to FTL Solar for their research and development contract with the New York State Energy Research and Development Authority (NYSERDA). The parties will work on the development of light weight flexible structures that include energy production from solar electric modules produced by Ascent Solar.
Ascent Solar Technologies, Inc. Announces Completion of Public Offering of Common Stock And Concurrent Private Placement To Norsk Hydro
Ascent Solar Technologies, Inc. announced that it has closed its previously announced public offering of approximately 4.6 million shares of common stock, as well as its concurrent private placement of approximately 769,000 shares of common stock to Norsk Hydro Produksjon AS, its largest shareholder, both at a price of $6.50 per share. Ascent Solar received net proceeds, after offering expenses and underwriting discounts and commissions, of approximately $32.9 million. Ascent Solar expects to use the net proceeds from the offering for expansion of Ascent Solar's rated production capacity and for general corporate purposes. Barclays Capital Inc. was the sole book running manager of the offering.
Norsk Hydro ASA to Participate in Private Placement by Ascent Solar Technologies, Inc.-Reuters
Reuters reported that Norsk Hydro ASA will participate in a private placement in Ascent Solar Technologies, Inc. (Ascent) by USD 5 million. The Company has already a stake of 35% in Ascent.
Ascent Solar Technologies, Inc. Prices Public Offering Of Common Stock
Ascent Solar Technologies, Inc. announced that it has priced its previously announced public offering. Ascent Solar is offering 4.6 million shares of its common stock at $6.50 per share to the public. Ascent Solar has granted the underwriters a 30-day option to purchase up to 692,000 additional shares of common stock from Ascent Solar. The offering is expected to settle and close on October 6, 2009, subject to customary closing conditions. Net proceeds from the offering are expected to be used for expansion of Ascent Solar's rated production capacity and for general corporate purposes. Barclays Capital Inc. is the sole book-running manager of the offering.
