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WOW - from pre-RS adjusted $1500/sh to $1 in a year…
Must be some real “pieces of work” behind the scenes here.
They have a wee tendency to disappoint….
Another drop before gap up is possible IMO
$ASTI - added more today. this may have bottomed. recent insider buying at 2.88 and debt reduction initiatives are quite positive, imo...
$ASTI - new position taken today under 1.20. I like the debt reduction news as well as the insider buying at 2.88
very positive, at least for a very nice bounce.
this is the first time I've dared to buy ASTI in years.
More like $7.47 after dividing the the $1494 by 200 but it sure makes it sound extra dramatic
So their shorts would be covered?
Wow… from $1500/sh to $1.22 in a year… and no one in jail…
Insiders bought the offering at $2.88 so that is my target - think about it, why would insiders buy if they thought it would drop 40%?
I'm gonna add down here.
ASTI.....picked up 1.61's for a swing
Thiss is the 2nd time close to with in a year this has rs’d. I was hoping for forward split this time. Avg for my 1 share is over 2 g
Me too! 1 share. ASTI price is now almost .01 % of the year high of $1,492.00 So what kind of racket is this???
Here's a 6 cent stock posing as a $6.00 stock. This stock is garbage!!!!!!!
I think I’ll short it
gollly, surprise, surprise, I’ve got a single share.
Damn ready!!!
Looks nice! But would need volume for a halt
$ASTI trading nicely today! Expecting a nice halt up and squeeze.
close was a bit disappointing after a promising start. at some point they will have to run it to sell some shares, my opinion only
Decent position. Looking good, slow but steady up
got more in her?
$ASTI - nice reversal so far! it has so much more in the tank!
Still watching- but could boom soon
$ASTI - got a starter! should squeeze soon
I think the name has been misspelled. Should have started with the n letter
1 for 200! How is this allowed in any way shape or form.
Another Fluff PR followed by another Reverse Split with no mention of any real revenue/profit generating contracts.
Jeepers!
HALT RESUMED AND NOW 11.11
Ascent Solar Technologies, Inc. Achieves New Benchmark of 15.5% in Cell Production Efficiency of its CIGS Solar Technology
SEP 12, 2023
The thin-film solar provider’s efficiency improvements intended to help achieve widespread adoption of powerful, flexible solar PV across a number of industries and applications
THORNTON, Colo., Sept. 12, 2023 (GLOBE NEWSWIRE) -- Ascent Solar Technologies, Inc. (NASDAQ: ASTI) (“ASTI” or the “Company”), the leading U.S. innovator in the design and manufacture of featherweight, flexible thin-film photovoltaic (PV) solutions, announced today that it has achieved a cell production efficiency increase, with a new benchmark of 15.5% in its CIGS solar technology, a significant increase from the 10.8% standard efficiency measured for production material in 2012. This increase is the result of focused innovation and a giant step toward the improved efficiencies that ASTI intends to deliver through continued process optimization and development of alternate chemistries.
ASTI expects to see an even greater increase in cell efficiency through the use of zinc oxysulfide, implemented through an Atomic Layer Deposition (ALD) process, which could potentially increase overall cell production efficiency by an additional 1% to 1.5%.
“We are thrilled with the rapid progress optimization for our CIGS technology that has taken place over just a few short weeks,” said Paul Warley, ASTI’s Chief Executive Officer. “As we continue to optimize our technology and processes, we expect to move even closer to reaching our efficiency goal of 18% in the near future, furthering our long-term mission of increasing the rate of global thin-film PV adoption.”
About Ascent Solar Technologies, Inc.
Backed by 40 years of R&D, 15 years of manufacturing experience, numerous awards, and a comprehensive IP and patent portfolio, Ascent Solar Technologies, Inc. is a leading provider of innovative, high-performance, flexible thin-film solar panels for use in environments where mass, performance, reliability and resilience matter. Ascent’s photovoltaic (PV) modules have been deployed on space missions, multiple airborne vehicles, agrivoltaic installations, in industrial/commercial construction as well as an extensive range of consumer goods, revolutionizing the use cases and environments for solar power. Ascent Solar’s research and development center and 5-MW nameplate production facility are located in Thornton, Colorado. To learn more, visit https://www.ascentsolar.com
Forward-Looking Statements
Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements" including statements about the financing transaction, our business strategy and the potential uses of the proceeds from the transaction. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the company's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. We have based these forward-looking statements on our current assumptions, expectations and projections about future events. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as “will,” "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking. No information in this press release should be construed as any indication whatsoever of our future revenues, stock price, or results of operations. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the company's filings with the Securities and Exchange Commission including those discussed under the heading “Risk Factors” in our most recently filed reports on Forms 10-K and 10-Q.
Media Contact
Spencer HerrmannFischTank PRascent@fischtankpr.com
Investor Contact
ir@ascentsolar.com
https://www.nasdaq.com/press-release/ascent-solar-technologies-inc.-achieves-new-benchmark-of-15.5-in-cell-production
$ASTI
Good morning TheFinalCD!
Hmmm strange? Already dilution or?
================
Ascent Solar Technologies, Inc. Announces Reverse Stock Split
SEP 11, 2023
THORNTON, Colo., Sept. 11, 2023 (GLOBE NEWSWIRE) -- Ascent Solar Technologies, Inc. (“Ascent Solar” or the “Company”) (Nasdaq: ASTI), the leading U.S. innovator in the design and manufacturing of featherweight, flexible thin-film photovoltaic (PV) solutions, today announced that effective before market open on September 12, 2023, it will complete a 1-for-200 reverse stock split of its common stock.
On June 26, 2023, ASTI’s majority stockholders approved an amendment to the Company’s Amended and Restated Certificate of Incorporation to affect a reverse stock split with the exact ratio to be set by its Board of Directors. The Board resolved to set the reverse stock split at the ratio of 1-for-200. ASTI filed an amendment to its Certificate of Incorporation with the Secretary of State in Delaware effective September 11, 2023, at 5:00 p.m. Eastern Time. As a result, every two hundred issued shares of common stock will automatically be combined into one share of common stock.
As explained in ASTI’s Information Statement filed July 28, 2023, the Company believes that affecting the reverse stock split will assist in its efforts to meet the Nasdaq continued listing standards and to continue to have its common stock remain listed and traded on Nasdaq. In particular, ASTI expects the reverse stock split to increase the per share price and bid price of its common stock above the $1.00 required by Nasdaq’s Minimum Bid Price Rule.
Shares of the Company’s common stock will be assigned a new CUSIP number (043635705) and are expected to begin trading on a split-adjusted basis on Tuesday, September 12, 2023.
The reverse stock split will not change the authorized number of shares of the Company’s common stock. No fractional shares will be issued and any fractional shares resulting from the reverse stock split will be rounded up to the nearest whole share. Therefore, stockholders with less than 200 shares will receive one share of stock.
The amount of the Company’s outstanding convertible notes and outstanding convertible preferred stock will not be affected by the reverse stock split. However, the number of shares of common stock into which the outstanding convertible notes and outstanding convertible preferred stock is convertible will be adjusted proportionately as a result of the reverse stock split.
The reverse stock split will also apply to the Company’s common stock issuable upon the exercise of its outstanding warrants, stock options and restricted stock units, with proportionate adjustments to be made to the exercise prices thereof and under the Company’s equity incentive plans.
Once the reverse stock split becomes effective, stockholders holding shares through a brokerage account will have their shares automatically adjusted to reflect the 1-for-200 reverse stock split. Existing stockholders holding common stock certificates will receive a letter of transmittal from Ascent's transfer agent, Computershare, with specific instructions regarding the exchange of shares.
The Company expects to have its issued and outstanding common shares decrease from approximately 92 million pre-split shares to approximately 500,000 post-split shares outstanding as a result of the reverse stock split.
About Ascent Solar Technologies, Inc.
Backed by 40 years of R&D, 15 years of manufacturing experience, numerous awards, and a comprehensive IP and patent portfolio, Ascent Solar Technologies, Inc. is a leading provider of innovative, high-performance, flexible thin-film solar panels for use in environments where mass, performance, reliability, and resilience matter. Ascent’s photovoltaic (PV) modules have been deployed on space missions, multiple airborne vehicles, agrivoltaic installations, in industrial/commercial construction as well as an extensive range of consumer goods, revolutionizing the use cases and environments for solar power. Ascent Solar’s research and development center and 5-MW nameplate production facility is in Thornton, Colorado. To learn more, visit https://www.ascentsolar.com
Forward-Looking Statements
Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements" including statements about the financing transaction, our business strategy, and the potential uses of the proceeds from the transaction. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the company's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. We have based these forward-looking statements on our current assumptions, expectations, and projections about future events. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as “will,” "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking. No information in this press release should be construed as any indication whatsoever of our future revenues, stock price, or results of operations. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the company's filings with the Securities and Exchange Commission including those discussed under the heading “Risk Factors” in our most recently filed reports on Forms 10-K and 10-Q.
Investor Relations Contactir@ascentsolar.com
Media ContactSpencer HerrmannFischTank PRascent@fischtankpr.com
$ASTI
1M VOLUME WITH 500K OS AND ITS NOT EVEN 8:30
Good idea. I will wait and buy the retrace
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With 40 years of R&D and a comprehensive patent portfolio behind it, Ascent Solar is the leading provider of CIGS solar technology. Ascent’s unique patented monolithic integration process enables the highest level of flexibility, efficiency, durability & weight savings, revolutionizing the way solar power can be used in everyday life. Ascent Solar’s Research and Development and its 4.5 MW nameplate production facility is in Thornton, Colorado. Ascent has cemented itself as the leader in the manufacturing of innovative, high performance, flexible thin-film solar panels for both existing and emerging agrivoltaic, space, and aerospace applications.
Tube Solar AG uses Ascent solar films to enable farmers to successfully balance farming solar and agriculture
Silent Falcon UAV using Ascent thin films achieves a 50% range extension
NASA tests validate Ascent's superior performance for space environments
We bring together 20+ years of R&D, 17 years of manufacturing experience, numerous awards and a comprehensive IP and patent portfolio to to cement our leadership in the photovoltaics market.
Our thin film PV panels are manufactured using cutting-edge CIGS (Copper-Indium-Gallium-Selenide) with patented monolithic integration.
Our patent-protected processes enable us to precisely apply layers of these elements on a thin (25micron) polyamide substrate to create resilient and featherweight panels that convert sunlight into electric power.
COMPANY NEWS
April 18, 2024
DISCLAIMER:
Nothing in the contents transmitted on this board should be construed as an investment advisory, nor should it be used to make investment decisions.
There is no express or implied solicitation to buy or sell securities.
The author(s) may have positions in the stocks or financial relationships with the company or companies discussed and may trade in the stocks mentioned.
Readers are advised to conduct their own due diligence prior to considering buying or selling any stock. All information should be considered for information purposes only.
No stock exchange has approved or disapproved of the information here.
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