Ascent Solar Technologies Files S-1/A Amendment

TL;DR

<b>Ascent Solar Technologies, Inc. has filed an S-1/A amendment on February 23, 2024, providing updated information for its securities.</b>

AI Summary

Ascent Solar Technologies, Inc. (ASTI) filed a Amended IPO Registration (S-1/A) with the SEC on February 23, 2024. Ascent Solar Technologies, Inc. filed an S-1/A form on February 23, 2024. The company's fiscal year ends on December 31st. The filing relates to the 1933 Securities Act. Ascent Solar Technologies is incorporated in Delaware. The company's business address is in Thornton, Colorado.

Why It Matters

For investors and stakeholders tracking Ascent Solar Technologies, Inc., this filing contains several important signals. This S-1/A filing indicates ongoing efforts by Ascent Solar Technologies to comply with SEC regulations and potentially raise capital or make significant corporate changes. The filing provides updated financial and corporate information, which is crucial for investors to assess the company's current status and future prospects.

Risk Assessment

Risk Level: low — Ascent Solar Technologies, Inc. shows low risk based on this filing. The filing is an amendment (S-1/A) which typically indicates updates or corrections to a previous filing, rather than a new offering or significant negative event, suggesting a routine procedural update.

Analyst Insight

Monitor future filings for details on the purpose of this S-1/A amendment, such as capital raises or significant business developments.

Key Numbers

• 2024-02-23 — Filing Date (2024-02-23)
• S-1/A — Form Type (FORM TYPE)
• 1933 Act — SEC Act (SEC ACT)
• 333-277070 — SEC File Number (SEC FILE NUMBER)
• 12/31 — Fiscal Year End (FISCAL YEAR END)

Key Players & Entities

• Ascent Solar Technologies, Inc. (company) — FILER
• 0001350102 (company) — CENTRAL INDEX KEY
• 3674 (regulator) — STANDARD INDUSTRIAL CLASSIFICATION
• DE (regulator) — STATE OF INCORPORATION
• 12300 GRANT STREET (company) — BUSINESS ADDRESS STREET 1
• THORNTON (company) — BUSINESS ADDRESS CITY
• CO (company) — BUSINESS ADDRESS STATE
• 80241 (company) — BUSINESS ADDRESS ZIP

FAQ

Industry Context

Ascent Solar Technologies operates in the semiconductors and related devices industry.

Regulatory Implications

The filing is made under the Securities Act of 1933, which governs the initial offering and registration of securities.

What Investors Should Do

1. Review the full S-1/A filing for specific details regarding the amendments.
2. Track future SEC filings from Ascent Solar Technologies for any subsequent updates or actions.
3. Research the semiconductor industry for broader market context relevant to Ascent Solar.

Key Dates

• 2024-02-23: Filing of S-1/A — Amendment to a previous filing, indicating updates or corrections.

Year-Over-Year Comparison

This is an amendment (S-1/A) to a previous filing, indicating updates rather than a new initial filing.

Key Financial Figures

• $0.0001 — ne share of our common stock, par value $0.0001 per share, and one warrant to purchase
• $0.6445 — ) based on an assumed offering price of $0.6445 per unit, which is equal to the closing
• $3.0 million — o raise gross proceeds of approximately $3.0 million in this offering. Each Common Warrant w
• $0 — luding one share of common stock, minus $0.0001, and the remaining exercise price
• $0.06445 — orted on the Nasdaq Capital Market, was $0.06445 per share. The public offering price pe

Filing Documents

• asti_s1a1.htm (S-1/A) — 2105KB
• ex1x1.htm (EX-1.1) — 158KB
• ex4x4.htm (EX-4.4) — 92KB
• ex4x5.htm (EX-4.5) — 85KB
• ex4x6.htm (EX-4.6) — 98KB
• ex4x7.htm (EX-4.7) — 105KB
• ex4x8.htm (EX-4.8) — 103KB
• ex4x9.htm (EX-4.9) — 208KB
• ex5x1.htm (EX-5.1) — 12KB
• ex23x1.htm (EX-23.1) — 1KB
• image_001.jpg (GRAPHIC) — 2KB
• 0001079973-24-000293.txt (&nbsp;) — 10284KB
• asti-20230930_pre.xml (EX-101.PRE) — 476KB
• asti-20230930.xsd (EX-101.SCH) — 79KB
• asti-20230930_cal.xml (EX-101.CAL) — 77KB
• asti-20230930_def.xml (EX-101.DEF) — 367KB
• asti-20230930_lab.xml (EX-101.LAB) — 485KB
• asti_s1a1_htm.xml (XML) — 1291KB

Risk Factors

Risk Factors 7 Market and Industry Data 16

Use of Proceeds

Use of Proceeds 16 Market Price of and Dividends on Common Equity and Related Stockholders Matters 16 Capitalization 16

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 19

Quantitative and Qualitative Disclosures about Market Risk

Quantitative and Qualitative Disclosures about Market Risk 25

Business

Business 25 Property 28

Legal Proceedings

Legal Proceedings 29 Directors and Executive Officers 29 Corporate Governance 31

Executive Compensation

Executive Compensation 35 Principal Stockholders 39 Certain Relationships and Related Party Transactions 39

Description of Capital Stock

Description of Capital Stock 41

Description of Securities We Are Offering

Description of Securities We Are Offering 47 Shares Eligible for Future Sale 48 Plan of Distribution 50 Legal Matters 52 Experts 52 Where You Can Find More Information 53 Index to Financial Statements F-1 iii Neither we nor the placement agent has authorized anyone to provide any information or to make any representations other than those contained in or incorporated by reference in this prospectus or in any free writing prospectus prepared by or on behalf of us or to which we have referred you. We and the placement agent take no responsibility for, and can provide no assurance as to the reliability of, any other information that others may give you. This prospectus is an offer to sell only the units offered hereby, but only under circumstances and in jurisdictions where it is lawful to do so. The information contained in or incorporated by reference in this prospectus or in any applicable free writing prospectus is current only as of its date, regardless of its time of delivery or any sale of shares of our units. Our business, financial condition, results of operations and prospects may have changed since that date. To the extent there is a conflict between the information contained in this prospectus, on the one hand, and the information contained in any document incorporated by reference filed with the Securities and Exchange Commission, or the SEC, before the date of this prospectus, on the other hand, you should rely on the information in this prospectus. If any statement in a document incorporated by reference is inconsistent with a statement in another document incorporated by reference having a later date, the statement in the document having the late date modifies or supersedes the earlier statement. No action is being taken in any jurisdiction outside the United States to permit a public offering of our units or possession or distribution of this prospectus in that jurisdiction. Persons who come into possession of this prospectu

View Full Filing

View this S-1/A filing on SEC EDGAR