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Ascent Solar to Receive $6.0 Million Funding Boost from Asian Investor (Ascent Solar Technologies Inc)

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(Source: Ascent Solar Technologies Inc) Ascent Solar to Receive $6.0 Million Funding Boost from Asian Investor THORNTON, Colo.--(BUSINESS WIRE)-- Ascent Solar Technologies, Inc. (NASDAQ:ASTI), a manufacturer of state-of-the-art, flexible thin-film photovoltaic modules, integrated into the company's new EnerPlexTM series of consumer products, announced today the signing of an agreement to raise $6 million through a private placement to a high net worth private investor in Asia. In the private placement, the Company will issue (i) shares of Series A Preferred Stock convertible, at a conversion price of $0.80 per share, into 7,500,000 shares of common stock and (ii) warrants with a three...

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