Ascent Solar Announces Upcoming Expiration Date For Class B Warrants
05 July 2011 - 8:00PM
Business Wire
Ascent Solar Technologies, Inc. (NASDAQ:ASTI) today announced
that the unexercised, outstanding Class B warrants issued in
connection with the Company’s IPO in 2006 having an exercise price
of $11.00 per common share are expected to expire July 10, 2011.
The Class B warrants are covered by a current registration
statement (registration number 333-131216) and the Class B warrants
are currently exercisable. Accordingly, the Class B warrants will
expire as scheduled on July 10, 2011, if not previously
exercised.
About Ascent Solar Technologies
Ascent Solar Technologies, Inc. is a developer of thin-film
photovoltaic modules with substrate materials that can be more
flexible and affordable than most traditional solar panels. Ascent
Solar modules can be directly integrated into standard building
materials, commercial transportation, automotive solutions, space
applications, consumer electronics for portable power or configured
as stand-alone modules for large scale terrestrial deployment.
Ascent Solar is headquartered in Thornton, Colo. Additional
information can be found at www.ascentsolar.com.
Forward-Looking Statements
Statements in this press release that are not statements of
historical or current fact constitute "forward-looking statements."
Such forward-looking statements involve known and unknown risks,
uncertainties and other unknown factors that could cause the
Company's actual operating results to be materially different from
any historical results or from any future results expressed or
implied by such forward-looking statements. In addition to
statements that explicitly describe these risks and uncertainties,
readers are urged to consider statements that contain terms such as
"may," "will," "should," "believes," "expect," "intend,"
"anticipate," "plan," "estimate" to be uncertain and
forward-looking. The forward-looking statements contained herein
are also subject to risks and uncertainties that are described in
our most recent annual report on Form 10-K under the heading "Risk
Factors" and our subsequent filings with the Securities and
Exchange Commission. We do not undertake any obligation to update
publicly any forward-looking statements whether as a result of the
receipt of new information, future events, or otherwise.
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