24/7 Market News Snapshot 27 June, 2025 – Ascent Solar Technologies, Inc. Common Stock (NASDAQ:ASTI)

June 27, 2025

DENVER, Colo., 27 June, 2025 (www.247marketnews.com) – (NASDAQ:ASTI) are discussed in this article.
Ascent Solar Technologies, Inc. (ASTI) has demonstrated impressive market activity today, with shares opening at $2.85 and climbing to $3.366, marking an 18.52% increase. Following a previous close of $2.84, the notable surge in share price suggests robust investor interest and bullish sentiment. The trading volume has reached approximately 12.39 million shares, indicating heightened market engagement and a potential breakthrough above the $3 resistance level, which may lead to further price appreciation if buying momentum persists. Sustained high volume is crucial, as it often correlates with increased market confidence in ASTI’s future prospects.

In tandem with this market momentum, Ascent Solar has also announced a public offering that aims to raise capital to support its innovative initiatives within the solar sector. The company plans to issue 1,000,000 shares of its common stock alongside warrants for an additional 1,000,000 shares, priced at a combined total of $2.00 per share or pre-funded warrant. This offering is projected to yield gross proceeds of approximately $2 million before deducting fees and expenses associated with the transaction.

The issued warrants will be exercisable immediately, with a five-year expiration, aligning with Ascent’s growth strategy. The transaction is expected to close on or about June 30, 2025, pending the fulfillment of customary closing conditions, with H.C. Wainwright & Co. serving as the exclusive placement agent.

The proceeds from this offering will be directed toward enhancing various operational aspects, including working capital requirements and product development. Ascent Solar boasts a legacy of four decades in research and over 15 years in manufacturing, establishing itself as a leader in providing high-performance, flexible thin-film solar solutions that cater to a wide range of industrial applications. Investors can access details regarding the offering via the registration statement filed with the Securities and Exchange Commission.

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