Flexible Electronics News

Ascent Solar Announces Completion of Public Offering of Common Stock

Closed its previously announced public offering of 5.25 million shares of common stock at a price of $4.15 per share

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Ascent Solar Technologies, Inc. announced that it has closed its previously announced public offering of 5.25 million shares of common stock at a price of $4.15 per share. Ascent Solar received net proceeds, after offering expenses and underwriting discounts and commissions, of approximately $20.25 million. Ascent Solar expects to use the net proceeds from the offering for the completion of its FAB2 production plant and for general corporate purposes....

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