Ascent Solar Technologies (ASTI) Enters $1M Conv. Series J-1 Preferred Stock Private Placement
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Ascent Solar Secures New Funding
October 19, 2016 6:00 AM EDTTHORNTON, CO -- (Marketwired) -- 10/19/16 -- Ascent Solar Technologies, Inc. (OTCQB: ASTI), a developer and manufacturer of state-of-the-art, flexible thin-film photovoltaic modules integrated into the Company's EnerPlex" series of consumer products, announced today that the Company has entered into a Securities Purchase Agreement ("Agreement") with a new accredited investor ("Investor") for the private placement of $1 million of the Company's newly designated Series J-1 10% Convertible Preferred Stock ("Series J-1 Preferred Stock").
Pursuant to the Agreement, shares of the Series J-1 Preferred... More
