ASTI - Ascent Solar approved for listing on Nasdaq Capital Market
Ascent Solar Technologies ( OTCPK:ASTI ) said on Wednesday that it was approved for listing on the Nasdaq Capital Market , conditioned upon the closing of its previously announced $5M private placement, which the company expects within the next week.
The company's common shares will continue to trade on the OTC market under the ASTI symbol until Nasdaq trading begins.
"The private placement and the uplisting to Nasdaq are important steps to completing the company's turnaround and will enable broader market participation," President and CEO Victor Lee said.
Ascent Solar Technologies ( OTCPK:ASTI ) recently reported an H1 net loss of $6.6M on revenues of $1.2M .
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Ascent Solar approved for listing on Nasdaq Capital Market