Ascent Solar will likely run out of cash in 2Q13, says Cantor After Ascent Solar reported that most of its product revenue during its September quarter came from a privately held company in which it has a 31% stake, Cantor believes that Ascent's products have not been well-received by the market. The firm maintains a Sell rating on the stock.
News For ASTI From The Last 14 Days
Check below for free stories on ASTI the last two weeks.
Ascent Solar announces $32M secured convertible debt agre Ascent Solar announced that it entered into definitive agreements on July 18, 2014 with institutional and certain investors, pursuant to which it will issue $32 million principal amount of senior secured convertible notes and warrants to purchase shares of its common stock in a private placement.