---
schema_version: "secwatch.filing_event.v1"
accession: "0001553350-23-000307"
form_type: "8-K"
ticker: "ASTI"
cik: "0001350102"
company_name: "Ascent Solar Technologies, Inc."
filed_at: "2023-05-26T23:59:59+00:00"
generated_at: "2026-06-14T12:38:08.774515+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ascent Solar amends convertible notes; lowers floor price to $0.13, waives Nasdaq equity default

## Summary
- Second Amendment waives default from non-compliance with Nasdaq $2.5M stockholders' equity requirement.
- Floor Price cut to $0.13; conversion below floor triggers cash or post-split share settlement.
- Prepayment schedule: $333,333 each on Apr 3 & Apr 13 (paid); $666,667 due by Sep 17, 2023.
- Company must attempt reverse stock split within 60 days, raise capital before Aug 16, maintain $2M cash.
- Non-compliance with amendment terms constitutes an Event of Default under the Advance Notes.

## SEC filing metadata
- accession: 0001553350-23-000307
- form_type: 8-K
- ticker: ASTI
- cik: 0001350102
- company_name: Ascent Solar Technologies, Inc.
- filed_at: 2023-05-26T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1350102/000155335023000307/0001553350-23-000307-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1350102/000155335023000307/asti_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001553350-23-000307
- JSON: https://secwatch.observer/filing/0001553350-23-000307.json
- Plain text: https://secwatch.observer/filing/0001553350-23-000307.txt

## Key facts
- Material Agreements
  Ascent Solar Technologies, Inc. amended Second Amendment with two institutional investors (effective 2023-05-25).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: two institutional investors
  - Effective: 2023-05-25
  source text: On May 25, 2023, the Company and each of the Investors entered into a Waiver and Amendment Agreement (the “Second Amendment”) relating to the Securities Purchase Contract and the Advance Notes.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1350102/000155335023000307/0001553350-23-000307-index.htm

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