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Ascent Solar closes on $10 million in new financing

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Thornton’s Ascent Solar Technologies Inc., a manufacturer of flexible, thin-film solar power panels, has closed on a previous announced $10 million in additional financing. The company announced in October it had arranged $10 million in financing, in two tranches, through a registered direct offering of preferred stock with investor Ironridge Technology Co., a division of Ironridge Global IV LTD. Ascent (NASDAQ: ASTI) announced Tuesday that it had finished raising the entire $10 million, having…

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