Ascent Solar Technologies Inc (ASTI)

[fredman]

More Dilution! ** NEW SEC FILING **

"The Reporting Persons of Redwood Management, LLC, a Florida limited liability company (“Redwood”), Redwood Fund III Ltd, a limited partnership organized under the laws of the Cayman Islands (“Fund”), RDW Capital LLC, a Florida limited liability company (“RDW”), and BOU Trust, a trust organized under the laws of the State of New Jersey (“BOU,” and collectively with Redwood, Fund and RDW, the “Reporting Persons”), constitute a “group” which holds, in the aggregate, 105 shares of the Issuer’s Series E 7% Convertible Preferred Stock (the “Series E Shares”) which are convertible into 13,009,083 shares of the Issuer’s common stock, par value $0.0001 per share (the “Common Stock”), based on the current applicable conversion rate, 160 shares of the Issuer’s Series F 7% Convertible Preferred Stock (the “Series F Shares”) which are convertible into 152,380,952 shares of Common Stock, based on the current applicable conversion rate, and $2,701,787.46 in Convertible Promissory Notes issued by the Issuer (the “Notes”) which are convertible into 2,814,361,937 shares of Common Stock, based on the current applicable conversion rate. As the aforementioned conversion rates are variable, the exact number of shares of Common Stock which the Reporting Persons can acquire is inexact."


Source: https://www.sec.gov/Archives/edgar/data/1350102/000114420417003118/v457153_sc13ga.htm