17 November 2010

Ascent Solar completes $20.25m public offering of common stock

Ascent Solar Technologies Inc of Thornton, CO, USA, which manufactures monolithically integrated flexible thin-film photovoltaic modules based on copper indium gallium diselenide (CIGS), has closed its public offering of 5.25 million shares of common stock (announced on 11 November) at a price of $4.15 per share.

The firm expects to use the net proceeds of about $20.25m (after offering expenses and underwriting discounts and commissions) for the completion of its 30MW FAB2 production plant and for general corporate purposes.

See related items:

CIGS PV firm Ascent prices public offering of common stock

Tags: Ascent Solar CIGS

Visit: www.ascentsolar.com

See Latest IssueRSS Feed