Flexible CIGS thin-film consumer product producer Ascent Solar Technologies has been de-listed from the NASDAQ, as expected.
The lost making thin-film producer’s stock price had been below the US$1.0 dollar minimum requirement for a second time, having undertaken a reverse stock split in August, 2014.
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Ascent Solar’s stock will be transferred to the OTCQB Venture Market on February 25, 2016.
The US ‘over the counter’ (OTC) trading platforms has become home to a growing list (LDK, Suntech, GTAT, Spire and SPI) of PV companies in recent years, due to de-listing from the NASDAQ and NYSE for a variety of reasons.
Only China-based project developer SPI, formerly owned by bankrupt LDK Solar has returned to the NASDAQ after a spell on the OTC.