Ascent Solar secures $9M equity financing from Lucro Investments at $1.20/share

Ascent Solar Technologies, Inc.

Private placement of 7,499,997 shares at $1.20/share for $9M total from Lucro Investments.
Proceeds will be used for general corporate purposes and working capital.
Financing to be drawn in nine monthly tranches of $1M each, starting early May 2023.
Follows recent acquisition of equipment from Flisom AG for thin-film solar manufacturing in Switzerland.

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