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Ascent Solar Extends Relationship With Existing Investor with $7 Million Stock Offering

Funding to supplement previously announced committed equity line.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Ascent Solar Technologies, Inc. announced today that the company is offering $7 million of a newly designated Series F 7% Convertible Preferred Stock to existing investor Redwood Management LLC.

“We are pleased to have secured this additional funding,” said Victor Lee, president and CEO of Ascent Solar Technologies, Inc.

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