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Ascent Solar Regains Compliance with Nasdaq Minimum Bid Price Rule

Closing bid price of its common stock for the prior 10 business days had met minimum bid price requirement

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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 that it has received notification from the Listing Qualifications Department of The Nasdaq Stock Market that it has regained compliance with Nasdaq Listing Rule 5550(a), the minimum bid price requirement for continued listing on The Nasdaq Capital Market.

As previously announced, Ascent had been notified by Nasdaq in September 2013 that its common stock did not satisfy the minimum bid price requirement. On Sept. 11, 2014, Nasdaq provided confirmation to Ascent that the closing bid price of its common stock for the prior 10 business days had met the minimum bid price requirement and advised Ascent that this matter is now closed.

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