Ascent Solar Technologies Inc (ASTI)

[overlordpeter]

Kong Hian Lee Common Stock 05/19/2016 (1) A 600,000 A $ 0 600,000 D
The Company expects to have approximately 17 million post-split shares outstanding as a result of the reverse stock split. The number of authorized shares of the Company's common stock will remain at 450 million shares.
The number of shares of the Company's Series A, E, F and G Convertible Preferred Stock outstanding will not be affected by the reverse stock split. However, the number of shares of common stock into which each outstanding share of Series A, E, F and G Convertible Preferred Stock is convertible will be adjusted proportionately as a result of the reverse stock split.
All outstanding RSUs, stock options, warrants and rights to acquire shares of the Company's common stock will be adjusted proportionately. The maximum number of shares available for grant under the Company's stock option plan and restricted stock plan will be adjusted proportionately as a result of the reverse stock split.