Form 8-K Ascent Solar Technologie For: Mar 05
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Ascent Solar Technologies (ASTI) Receives Nasdaq Non-compliance Notice, Will Request Hearing
March 11, 2024 5:20 PM EDTAs previously disclosed, on May 25, 2023, Ascent Solar Technologies (NASDAQ: ASTI) was notified by the Listing Qualifications Staff (the Staff) of The Nasdaq Stock Market LLC (Nasdaq) that the Company no longer satisfied the $2.5 million stockholders equity requirement for continued listing on The Nasdaq Capital Market as set forth in Nasdaq Listing Rule 5550(b)(2) (the Equity Rule). The Company thereafter presented its plan to evidence compliance with the Equity Rule for the Staffs review.
Ultimately, however, by letter dated July 28, 2023, the Staff issued a... More
