---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-029229"
form_type: "8-K"
ticker: "ASTI"
cik: "0001350102"
company_name: "Ascent Solar Technologies, Inc."
filed_at: "2023-04-13T23:59:59+00:00"
generated_at: "2026-06-17T02:29:28.732014+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Ascent Solar amends note prepayment schedule; agrees to $2M cash payments in 2023

## Summary
- Total prepayment of $2,000,000 across four dates from April 3 to June 19, 2023.
- Each of two institutional investors (L1 Capital and Sabby Volatility) receives $1,000,000.
- Prepayments at 100% of principal plus accrued interest; failure triggers default.
- Amendment aligns prepayment schedules for both investors under the $15M advance notes.

## SEC filing metadata
- accession: 0001213900-23-029229
- form_type: 8-K
- ticker: ASTI
- cik: 0001350102
- company_name: Ascent Solar Technologies, Inc.
- filed_at: 2023-04-13T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1350102/000121390023029229/0001213900-23-029229-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1350102/000121390023029229/ea176793-8k_ascent.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-029229
- JSON: https://secwatch.observer/filing/0001213900-23-029229.json
- Plain text: https://secwatch.observer/filing/0001213900-23-029229.txt

## Key facts
- Debt Financings
  Ascent Solar Technologies, Inc. amended convertible notes with two institutional investors at at a price equal to 100% of the principal amount of the Advance Notes to be prep.
  - Instrument: convertible notes
  - Counterparty: two institutional investors
  - Rate: at a price equal to 100% of the principal amount of the Advance Notes to be prep
  - Event: amendment
  source text: On April 12, 2023, the Company and each of the Investors entered in a further amendment to the Amendment (the “Revised Amendment”), to provide for a consistent prepayment schedule for the Advance Notes held by each of the Investors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1350102/000121390023029229/0001213900-23-029229-index.htm
- Material Agreements
  Ascent Solar Technologies, Inc. amended Waiver and Amendment Agreement with two institutional investors valued at $2,000,000 aggregate prepayment schedule for Senior Secured Original Issue 10% Discount Convertible (effective 2023-04-12).
  - Action: amendment
  - Agreement: notes offering
  - Counterparty: two institutional investors
  - Value: $2,000,000 aggregate prepayment schedule for Senior Secured Original Issue 10% Discount Convertible
  - Effective: 2023-04-12
  source text: On April 12, 2023, the Company and each of the Investors entered in a further amendment to the Amendment (the “Revised Amendment”), to provide for a consistent prepayment schedule for the Advance Notes held by each of the Investors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1350102/000121390023029229/0001213900-23-029229-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.