Monitor daily ATM sale volume disclosures in subsequent 10-Qs and 8-Ks to gauge real dilution. The company's going concern status means any delay in raising funds increases bankruptcy risk. Stock likely under continuous selling pressure until the facility is exhausted or withdrawn.
Price Chart
Executive Summary
Ascent Solar Technologies has filed a 424B5 prospectus supplement to register an at-the-market (ATM) equity offering of up to $15,000,000 in common stock through H.C. Wainwright & Co. The company is a going concern with recurring losses and requires continuous funding to survive. This ATM facility adds significant dilution overhang to a micro-cap stock already trading near $4.97.
Key Facts
- ATM offering of up to $15,000,000 in common stock via H.C. Wainwright & Co. at a 3.0% commission.
- As of March 31, 2026, net tangible book value was $15.2 million ($1.61/share); after $15M offering at $6.82/share, pro forma book value would be $29.6 million ($2.54/share), causing $4.28/share dilution to new investors.
- Company has a going concern opinion from its independent auditor for the year ended December 31, 2025, citing recurring losses and need for additional funding.
- Outstanding warrants total 2,972,341 shares at a weighted average exercise price of $11.47, plus 416,170 shares reserved for preferred stock conversion.
- On June 25, 2026, the last reported sale price was $4.97 per share, below the illustrative offering price of $6.82 used in the dilution table.
Financial Impact
Up to $15,000,000 in gross proceeds from ATM sales; dilution of $4.28 per share at the illustrative price of $6.82/share
Risk Factors
- Immediate and substantial dilution to existing shareholders from ATM sales.
- Going concern uncertainty and potential need for further dilutive financing.
- Low trading volume and volatile micro-cap stock price could amplify downside moves.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 424B5 Filing (Primary) | 0001079973-26-000879 |
| Document: 0001079973-26-000879-index-headers.html | 0001079973-26-000879 |
| Document: 0001079973-26-000879-index.html | 0001079973-26-000879 |
| Document: 0001079973-26-000879.txt | 0001079973-26-000879 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 18, 2026 10w ago | Press Release | $3.17 | awaiting T+60 | — | $1.70 (−46.37%) |
Jun 26, 2026 17w ago | 8-K | $4.90 $3.14 | ▲ +35.92% | ▲ +40.30% | $1.70 (+65.31%) |
Jun 26, 2026 17w ago | 424B5 | $4.90 $3.14 | ▲ +35.92% | ▲ +40.30% | $1.70 (+65.31%) |
May 29, 2026 21w ago | 144 | $7.86 $3.03 | ▼ −61.45% | ▼ −62.68% | $1.70 (−78.37%) |
Apr 30, 2026 25w ago | ANALYST-UPGRADE | $5.34 $3.00 | ▼ −43.82% | ▼ −48.84% | $1.70 (−68.16%) |
US Market Status
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