Ascent Solar: Stockholder Meeting and NASDAQ Status
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THORNTON, Colorado - Ascent Solar Technologies, Inc. (NASDAQ: ASTI), a developer and manufacturer of state-of-the-art, flexible thin-film photovoltaic modules integrated into the Company's EnerPlex™ series of consumer products, announced an update on the status of its pending Special Meeting of Stockholders which has been adjourned due to a lack of quorum to December 18, 2015 at 2:00 p.m. Mountain Time at the Company's offices, 12300 North Grant Street, Thornton, Colorado 80241.
CEO Victor Lee commented, "We are pleased that the technical issue involving proxy vote processing has been resolved. We now believe that a quorum will be present on Friday so that the meeting can proceed at the rescheduled time."
Mr. Lee also commented on the status of the Company's pending proceedings regarding the listing of the Company's Nasdaq listing. "Our hearing before a Nasdaq Listing Qualification Panel to review our listing status on the Nasdaq Capital Market has been scheduled for February 11, 2016. We look forward to presenting our plan to regain compliance with the Nasdaq Listing Rules at that time. Any delisting action will be stayed until the Panel renders a decision subsequent to the hearing."
About Ascent Solar Technologies:
Ascent Solar Technologies, Inc. is a developer of thin-film photovoltaic modules using flexible plastic substrate materials that are more versatile and rugged than traditional solar panels. Ascent Solar modules, which were named one of TIME Magazine's 50 best inventions for 2011, can be directly integrated into consumer products and off-grid applications, commercial transportation, automotive solutions, space applications, consumer electronics for portable power and durable off-grid solutions. Ascent Solar is headquartered in Thornton, Colorado. For more information, go to www.goenerplex.com and www.ascentsolar.com