Ascent Solar Technologies to price public offering of common shares

Aegis assists; proceeds fund general corporate purposes, operations

By Devika Patel

Knoxville, Tenn., Sept. 19 - Ascent Solar Technologies, Inc. said it plans to price a public offering of 1.35 million common shares, according to a prospectus supplement filed Wednesday with the Securities and Exchange Commission. The deal will have a 30-day greenshoe of 202,500 additional shares.

Aegis Capital Corp. is the bookrunning manager.

Proceeds will be used for general corporate purposes, including working capital, operations and other general corporate purposes.

Located in Littleton, Colo., Ascent develops thin-film photovoltaic materials.

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