Ascent Solar to repurchase 5.6M warrants for $3.6M contingent on raising >$5M

Ascent Solar Technologies, Inc.

Two Warrant Repurchase Agreements with institutional investors for $1.8M each, covering 2,798,116 warrants each.
Repurchase triggers upon closing a new capital raise with gross proceeds >$5 million.
Agreements expire April 12, 2024; if not closed, warrants remain outstanding with full ratchet anti-dilution.
Investors cannot sell or assign warrants while agreement in effect; exercise price currently $1.765 per share.
Company expects warrant cancellation to eliminate future full ratchet adjustments and provide capital-structure certainty.

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