{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-031708","form_type":"8-K","ticker":"ASTI","cik":"0001350102","company_name":"Ascent Solar Technologies, Inc.","filed_at":"2023-04-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.531284+00:00","generated_at":"2026-06-16T21:12:20.493570+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Ascent Solar acquires thin-film photovoltaic assets from Flisom AG for $2.8M cash","bullets":["Acquired Flisom AG's manufacturing equipment and inventory for $2.8M cash to expand thin-film solar production.","Obtained non-exclusive, revocable license to IP for operating equipment; will fulfill Richemont's supply agreement via subcontract.","Signed sublease for Flisom's Swiss facility and transition services; FL1 Holding agreed to 5-year noncompetition.","Company has option to purchase IP rights for $2M or resell assets to FL1 for $5M within 12 months."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-031708","json":"https://secwatch.observer/filing/0001213900-23-031708.json","markdown":"https://secwatch.observer/filing/0001213900-23-031708.md","text":"https://secwatch.observer/filing/0001213900-23-031708.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1350102/000121390023031708/0001213900-23-031708-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1350102/000121390023031708/ea177087-8k_ascentsolar.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T21:12:20.493570+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4e0d6ed2e7859ffb50f645e71f004080107c0e31","claim":"Ascent Solar Technologies, Inc. entered into Sublease Agreement with Flisom AG (effective 2023-04-17).","evidence_excerpt":"(ii) a Sublease Agreement related to the Company’s use of the premises at the Manufacturing Facility where the Assets are located (the “Sublease Agreement”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1350102/000121390023031708/0001213900-23-031708-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"lease"},{"label":"Counterparty","value":"Flisom AG"},{"label":"Effective","value":"2023-04-17"}],"fact_type":"material_agreement"},{"claim_id":"5c2a62a58336e72f6e93c4aefa09539f3660f2da","claim":"Ascent Solar Technologies, Inc. entered into Technology License Agreement with Flisom AG (effective 2023-04-17).","evidence_excerpt":"(iii) a Technology License Agreement, pursuant to which Seller granted the Company a revocable, non-exclusive license to certain intellectual property rights of the Seller used in the operation of the Assets (the “Licensed IP”), subject to certain encumbrances on the Licensed IP in favor of Seller’s lender.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1350102/000121390023031708/0001213900-23-031708-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"license"},{"label":"Counterparty","value":"Flisom AG"},{"label":"Effective","value":"2023-04-17"}],"fact_type":"material_agreement"},{"claim_id":"6bf67fa6b3520df0f34e3c0690449ebabde39956","claim":"Ascent Solar Technologies, Inc. entered into Transition Services Agreement with Flisom AG (effective 2023-04-17).","evidence_excerpt":"At the Closing, the Company and Seller also entered into (i) a Transition Services Agreement requiring that Seller provide transition support for the Company’s operation of the Assets, with fees to be due and payable by the Company for performance of such support services","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1350102/000121390023031708/0001213900-23-031708-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Flisom AG"},{"label":"Effective","value":"2023-04-17"}],"fact_type":"material_agreement"},{"claim_id":"a1708ec037e7e9b78e1eab8323da04fc3f5eb6b9","claim":"Ascent Solar Technologies, Inc. entered into Asset Purchase Agreement with Flisom AG valued at $2,800,000 (effective 2023-04-17).","evidence_excerpt":"On April 17, 2023, Ascent Solar Technologies, Inc. (the “Company”) entered into an Asset Purchase Agreement (the “Asset Purchase Agreement”) with Flisom AG, a leading developer and manufacturer of photovoltaic thin film solar cells (“Seller”), pursuant to which, among other things, the Company purchased certain assets relating to thin-film photovoltaic manufacture and production from Seller (collectively, the “Assets”), including (i) certain manufacturing equipment located at Seller’s Niederhasli, Switzerland facility (the “Manufacturing Facility”) and (ii) related inventory and raw materials at the Manufacturing Facility (collectively, the “Transaction”). In connection with the Transaction, the Company also received a license to certain intellectual property rights used in the operation of the Assets and will also acquire, by operation of Swiss law, the employment contracts of certain employees of Seller in Switzerland who are functionally predominantly working with the Assets, subjec","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1350102/000121390023031708/0001213900-23-031708-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Flisom AG"},{"label":"Value","value":"$2,800,000"},{"label":"Effective","value":"2023-04-17"}],"fact_type":"material_agreement"},{"claim_id":"a8df97f3707fd3bbb8bc762ca864a7a7ca1efec4","claim":"Ascent Solar Technologies, Inc. entered into Letter Agreement with FL1 Holding GmbH (effective 2023-04-20).","evidence_excerpt":"On April 20, 2023, the Company entered into a letter agreement (the “Letter Agreement”) with FL1 Holding GmbH, a German company (“FL1”) that is affiliated with BD 1 Investment Holding, LLC (“BD1”), an affiliate of the Company, BD1 and BD Vermögensverwaltung GmbH (“BD”), the parent entity of FL1 (collectively, the “Affiliates”), in connection with the prospective acquisition by FL1 of substantially all shares in Seller following the Closing, subject to the satisfaction of certain terms and conditions.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1350102/000121390023031708/0001213900-23-031708-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"FL1 Holding GmbH"},{"label":"Effective","value":"2023-04-20"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}