News Article
Ascent Solar back on the Nasdaq map
The developer of flexible thin-film photovoltaic CIGS modules has maintained a closing bid price equal to or above $1.00 for a minimum of ten consecutive trading days
Ascent Solar Technologies has regained compliance with the Nasdaq Stock Market Listing Rules that require maintenance of a minimum $1.00 bid price.
On August 17th, 2012, the Company received notification from The Nasdaq Listing Qualifications department that the Company had regained compliance with the minimum bid price requirement set in Nasdaq Listing Rule 5450(a)(1) after maintaining a closing bid price equal to or in excess of $1.00 for a minimum of ten consecutive trading days and that the Company's noncompliance with that rule, as announced on October 13th, 2011, had been rectified.
Ascent Solar’s President and CEO, Victor Lee, comments, “We are extremely pleased to be back in regulatory compliance with the Nasdaq listing rules. This is the first and an important milestone for me to achieve as a new CEO of Ascent as we continue to work towards regaining the trust and confidence from our shareholders, employees and vendors. The launch of our EnerPlex chargers is gaining strong momentum. We shall continue to maximise our potential to unfold the true value of Ascent Solar for all our shareholders.”
On August 17th, 2012, the Company received notification from The Nasdaq Listing Qualifications department that the Company had regained compliance with the minimum bid price requirement set in Nasdaq Listing Rule 5450(a)(1) after maintaining a closing bid price equal to or in excess of $1.00 for a minimum of ten consecutive trading days and that the Company's noncompliance with that rule, as announced on October 13th, 2011, had been rectified.
Ascent Solar’s President and CEO, Victor Lee, comments, “We are extremely pleased to be back in regulatory compliance with the Nasdaq listing rules. This is the first and an important milestone for me to achieve as a new CEO of Ascent as we continue to work towards regaining the trust and confidence from our shareholders, employees and vendors. The launch of our EnerPlex chargers is gaining strong momentum. We shall continue to maximise our potential to unfold the true value of Ascent Solar for all our shareholders.”
