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Led by largest shareholder, TFG Radiant Investment Group
September 2, 2014
By: DAVID SAVASTANO
Editor, Ink World Magazine
Ascent Solar Technologies, Inc. announced that it entered into a stock Ppurchase agreement (SPA) on Aug. 29, 2014 with existing stockholders TFG Radiant Investment Group and Series A investor, Seng Wei Seow for approximately $8.0 million of common stock. In the first tranche of the transaction (which has closed), the company issued 845,309 common shares to Seow and 845,309 shares to TFG Radiant at a fixed per share price of $2.366, representing a 30% premium to the closing price of $1.82 per ...
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