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Closing resulted in proceeds of $3.0 million
August 8, 2013
By: DAVID SAVASTANO
Editor, Ink World Magazine
Ascent Solar Technologies, Inc. announced the second closing of Series A Preferred Stock announced on June 18, 2013. The closing resulted in proceeds of $3.0 million for the sale of 375,000 shares of preferred stock and 1,312,500 warrants exercisable at $0.90 per common share. Tranche 3 is expected to close in August 2013 with further proceeds of $2.0 million. “We are pleased to complete the second closing on this previously announced vote of confidence in our continued paradigm shift ...
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