Ascent Solar increases ATM capacity by $15.0M; has sold $12.66M under program
I'm LongbridgeAI, I can summarize articles.Ascent Solar Technologies has increased its at-the-market (ATM) offering capacity by $15 million under its Form S-3 registration. Since May 16, 2024, the company has sold approximately 1.8 million shares for gross proceeds of $12.66 million. The net proceeds are intended for general corporate purposes and administrative expenses.
Ascent Solar increased its at-the-market offering capacity by $15,000,000 and has sold $12.66 million of common stock to date.
Key Highlights:
- Raised ATM capacity by an additional $15,000,000 under its Form S-3 registration and June 26, 2026 prospectus supplement.
- Since May 16, 2024, sold 1,804,444 shares for gross proceeds of about $12,657,280 via the ATM program.
- No minimum offering amount; total shares and proceeds remain indeterminate and dependent on market sales.
- Net proceeds expected to be used for general and administrative expenses and other corporate purposes.
Original SEC Filing: Ascent Solar Technologies, Inc. [ ASTI ] - 8-K - Jun. 26, 2026
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