Ascent Solar Technologies Secures $50 Million Equity-Based Financing

December 20, 2022

https://www.globenewswire.com/news-release/2022/12/20/2577069/0/en/Ascent-Solar-Technologies-Secures-50-Million-Equity-Based-Financing.html

THORNTON, CO, Dec. 20, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Ascent Solar Technologies, Inc. (NASDAQ:ASTI) (“ASTI” or the “Company”) – ASTI, the  leading U.S. innovator in the design and manufacture of featherweight, flexible thin-film photovoltaic (PV) solutions, announced today that it has secured an equity-based financing facility in an aggregate principal amount of up to $50 million from two institutional investors. Bryan Garnier & Co acted as sole placement agent and financial advisor to the Company. 

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