Ascent Solar Technologies, Inc. (NASDAQ: ASTI),
a developer and manufacturer of state-of-the-art, flexible thin-film
photovoltaic modules integrated into the company's EnerPlex™ series of
consumer products, announced today that it has received notification
from the Listing Qualifications Department of The Nasdaq Stock Market
("Nasdaq") that it has regained compliance with Nasdaq Listing Rule
5550(a)(2), the minimum bid price requirement for continued listing on
The Nasdaq Capital Market.
As previously announced, Ascent had been notified by Nasdaq in September
2013 that its common stock did not satisfy the minimum bid price
requirement. On September 11, 2014, Nasdaq provided confirmation to
Ascent that the closing bid price of its common stock for the prior 10
business days had met the minimum bid price requirement and advised
Ascent that this matter is now closed.
About Ascent Solar Technologies, Inc.:
Ascent Solar Technologies, Inc. is a developer of thin-film photovoltaic
modules with substrate materials that are more flexible, versatile and
rugged than traditional solar panels. Ascent Solar modules can be
directly integrated into consumer products and off-grid applications, as
well as aerospace and building integrated applications. Ascent Solar is
headquartered in Thornton, Colorado. For more information, go to www.goenerplex.com
or 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 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 "believe," "expect," "intend," "anticipate,"
"plan," and other words and terms of similar meaning to be uncertain and
forward-looking. The forward-looking statements contained herein are
also subject generally to other risks and uncertainties that are
described from time to time in the Company's filings with the SEC. The
Company disclaims any intention or obligation to update or revise any
financial or other projections or other forward-looking statements,
whether because of new information, future events or otherwise.
Copyright Business Wire 2014