ASTI Stock - Ascent Solar Technologies Fundamental Technical Analysis Review - Martyn Lucas Investor

Great analysis Martyn thanks.

They think it's all over, it is now - A commentator said that in the 1966 World Cup Final when England won! Note: I want a prize hahahaha

Thanks!

I bought some more. Great review.

Thank you for all the videos. This is really helpful. Appreciate it.
Would you please review also mobileye stock (mbly)?
Seems like an interesting price right now

Do you still like ASTI? Could it get the boot?

And here we are … down to 0 with 90 million shares diluted atm! Pos!

Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing

 

As previously disclosed, on December 11, 2023, Ascent Solar Technologies, Inc. (the “Company”) received written notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company was not in compliance with the $1.00 minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market (the “Bid Price Requirement”). In accordance with the Nasdaq Listing Rules, the Company was granted a grace period of 180 calendar days, through June 10, 2024, to regain compliance with the Bid Price Requirement.

 

The Company did not evidence compliance with the Bid Price Requirement by June 10, 2024 and was not eligible for a second grace period under the Nasdaq Listing Rules. Accordingly, on June 11, 2024, the Company received formal notice from Nasdaq that the deficiency could serve as an additional basis for delisting.

 

At a hearing before the Nasdaq Hearings Panel on May 9, 2024, the Company addressed its plan to evidence compliance with both (i) the Nasdaq stockholders equity continued listing requirement (the “Equity Requirement”), and (ii) the Bid Price Requirement.

 

By decision dated June 5, 2024, the Panel granted the Company’s request for continued listing on Nasdaq subject to the Company demonstrating compliance with all applicable criteria for continued listing on The Nasdaq Capital Market by August 22, 2024.

 

The Company intends to monitor the closing bid price of its common stock and is considering its options to regain compliance with the Bid Price Requirement on or before August 22, 2024.

 

Item 9.01. Financial Statements and Exhibits.

    (d)Exhibits   

 

Exhibit

Number

 Description 104 Cover Page Interactive Data File - the cover page iXBRL tags are embedded within the Inline XBRL document

  

 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

     ASCENT SOLAR TECHNOLOGIES, INC.    June 14, 2024   By: /s/ Jin Jo        Name: Jin Jo        Title: Chief Financial Officer