Ascent Solar TechnologiesNASDAQ: ASTI

THORNTON, Colo., June 21, 2024 (GLOBE NEWSWIRE) -- Ascent Solar Technologies, (Nasdaq: ASTI) (“Ascent” or the “Company”), the leading U.S. innovator in the design and manufacture of featherweight, flexible, and durable CIGS thin-film photovoltaic (PV) solutions, today provided a corporate update on the Securities Purchase Contract with an institutional investor previously disclosed on December 19, 2022.

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Ascent Solar Technologies' stock is declining on Wednesday following the announcement of a public offering for its shares, which was filed after the market closed on Tuesday.

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Ascent Solar Technologies (NASDAQ: ASTI ) stock is taking off on Tuesday following a funding recommendation from the Department of Energy (DOE). The DOE is encouraging Ascent Solar Technologies to submit a full application for its thin-film solar technology.

Ascent Solar Technologies (NASDAQ: ASTI ) stock is rising higher on Tuesday due to the company enacting a reverse stock split. This reverse stock split has Ascent Solar Technologies consolidating down 200 shares of ASTI stock into a single share.

Ascent Solar Technologies (NASDAQ: ASTI ) stock is rising higher on Thursday despite a lack of news from the solar power company. That includes no press releases or filings with the Securities and Exchange Commission (SEC) in recent days.