Home Business & Finance BRIEF-Ascent Solar enters securities purchase agreement with Hong Kong Boone Group
BRIEF-Ascent Solar enters securities purchase agreement with Hong Kong Boone Group

BRIEF-Ascent Solar enters securities purchase agreement with Hong Kong Boone Group

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Feb 14 Ascent Solar Technologies Inc

* Ascent Solar Technologies- Entered securities purchase agreement with Hong Kong Boone group on Feb. 8 for investment of $20 million

* Ascent Solar Technologies Inc- Initial closing of the financing is expected to occur on or before Feb. 24, 2017

* Ascent Solar Technologies Inc – will issue 4,000 additional shares of series K preferred stock in exchange for aggregate gross proceeds of $4 million Source text for Eikon

Source:reuters
Anand Gupta Editor - EQ Int'l Media Network

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