THORNTON, Colo., March 21, 2024 (GLOBE NEWSWIRE) -- Ascent Solar Technologies, Inc. (“Ascent,” or the “Company”) (Nasdaq: ASTI), a U.S. innovator in the design and manufacturing of featherweight, flexible thin-film photovoltaic (PV) solutions, today provided a corporate update on the Securities Purchase Contract with two institutional investors previously disclosed on December 19, 2022.
Currently, one institutional investor’s notes payable and related liabilities have been completely paid out and the remaining investor has been substantially paid off with an approximate remaining notes payable balance of $6,700 and an approximate $200,000 of payables outstanding.
It is Ascent’s intention to pay all remaining balances with this institutional investor upon completion of the next equity raise.
ABOUT ASCENT SOLAR TECHNOLOGIES, INC.
FORWARD-LOOKING STATEMENTS
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MEDIA CONTACT
Spencer Herrmann
FischTank PR
ascent@fischtankpr.com
INVESTOR CONTACT
