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Actionable news in ASTI: Ascent Solar Technologies, Inc.,

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or

On October 5, 2015, the Company received a letter from the Listing Qualifications Department of The Nasdaq Stock Market, LLC (Nasdaq), notifying the Company that it had recently failed to comply with Nasdaqs shareholder approval requirement in Nasdaq Listing Rule 5635(b).

As described below, the Company has rectified this item and is now in compliance with Nasdaq Listing Rule 5635(b). Accordingly, this matter is now closed.

Nasdaq Listing Rule 5635(b) provides that shareholder approval is required prior to the issuance of securities in connection with a transaction other than a public offering involving the sale, issuance or potential issuance by the Company of common stock (or securities convertible into or exercisable for common stock) at a price less than the greater of book o r market value which together with sales by officers, directors or Substantial Shareholders of the Company equals 20% or more of common stock

As previously disclosed, on July 22, 2015, the Company entered into an agreement with an...