IPO - Ascent Solar Technologies, Inc.

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Form Type: S-1

Filing Date: 2025-06-25

Corporate Action: Ipo

Type: New

Accession Number: 000107997325001064

Filing Summary: Ascent Solar Technologies, Inc. is filing this registration statement under the Securities Act of 1933 to register an initial public offering of its common stock and accompanying warrants. The company is seeking to offer up to 3,205,129 shares of common stock at an assumed combined public offering price of $1.56 per share, with an equivalent number of warrants. The offering also includes up to 3,205,129 pre-funded warrants for purchase of common stock. These securities are intended for specialized markets where traditional solar panels are not feasible, such as aerospace and agricultural applications. The company operates as a smaller reporting company and has engaged H.C. Wainwright & Co., LLC as the exclusive placement agent. The offering is set to terminate on July 31, 2025, unless terminated earlier. The document outlines the anticipated use of proceeds, associated risks, competitive advantages, and market opportunities related to external demand for flexible and durable solar technology. The closing of the offering is expected following the satisfaction of customary conditions.

Additional details:

State Of Incorporation: Delaware


Primary Sic Code: 36741


Irs Employer Identification Number: 20-3672603


Address Principal Office: 12300 Grant Street, Thornton, CO 80241


Agent Name: Jin Jo


Agent Address: 12300 Grant Street, Thornton, Colorado 80241


Legal Representation: James H. Carroll, Esq. and Rick A. Werner, Esq.


Maximum Offering Amount: Up to 3,205,129 shares


Warrant Details: Accompanying warrants to purchase shares of common stock

Period Of Exercise: 5 years from Initial Exercise Date


Placement Agent Name: H.C. Wainwright & Co., LLC


Placement Agent Fee: 7.0% of aggregate gross proceeds


Estimated Offering Termination: July 31, 2025


Closing Share Price Previous Day: $1.56


Form Type: DRS

Filing Date: 2025-06-20

Corporate Action: Ipo

Type: New

Accession Number: 000155335025000068

Filing Summary: Ascent Solar Technologies, Inc. is initiating a public offering of its common stock and associated warrants under the Securities Act of 1933, with a draft registration statement submitted to the SEC. The offering comprises up to a specified number of shares of common stock and accompanying warrants for purchase, allowing investors to acquire additional shares at predetermined exercise prices. The registration statement discloses details about the company’s business model, focusing on the manufacturing of flexible CIGS photovoltaic products and their target markets, including aerospace and renewable energy solutions. The offering price and its potential market dynamics are highlighted, indicating that substantial proceeds from the offering will be used to fuel the company's business goals. The prospectus emphasizes the risks of investing, explains the structure of the offering, the role of the Placement Agent, and the regulatory framework governing the issuance of these securities, asserting that the offering will occur as regulatory conditions permit. There is no assurance of the actual offering amount and proceeds due to uncertainties.

Additional details:

Company Name: Ascent Solar Technologies, Inc.


State Incorporation: Delaware


Business Address: 12300 Grant Street Thornton, CO 80241


Phone Number: (720) 872-5000


Agent For Service: Jin Jo


Agent Address: 12300 Grant Street Thornton, Colorado 80241


Agent Phone: (720) 872-5000


Placement Agent: [***]


Offering Termination Date: [***], 2025


Common Stock Par Value: $0.0001


Exercise Price Of Warrants: $[***]


Exercise Price Of Prefunded Warrants: $0.0001


Minimum Price: [***]


Listing Market: Nasdaq Capital Market


Stock Symbol: ASTI


Last Reported Closing Price: $[***] on June [***], 2025


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