Ascent Solar Technologies To Leave NASDAQ and Begin Trading on OTCQB Venture Market

Ascent Solar Technologies, Inc. (NASDAQ:ASTI), a developer and manufacturer of photovoltaic modules integrated into the EnerPlex™ series of consumer products, has announced it was notified that its pending appeal before the NASDAQ Listing Qualifications Hearing Panel had been denied.
According to the press release:

Trading in the Company’s common stock will be suspended on NASDAQ effective with the open of business on Thursday, February 25, 2016.
The Company has been approved for trading on the OTCQB® Venture Market, operated by OTC Markets Group Inc., and expects its common stock to begin trading on OTCQB effective February 25, 2016 under its current trading symbol “ASTI.” Beginning Thursday, February 25, 2016, investors will be able to view real-time best bid and ask quotes for “ASTI” at https://www.otcmarkets.com and through most online broker websites.
This transition to the OTCQB market does not affect the Company’s business operations, and the implementation of a reverse stock split is not required for the trading of the Company’s common stock to transition to OTCQB. The Company will continue to file periodic and certain other reports with the Securities and Exchange Commission under applicable federal securities laws.

Click here to read the full press release.