BD1 Investment Holding, LLC - 02 Aug 2021 Form 4 Insider Report for Ascent Solar Technologies, Inc. (ASTI)

Role
10%+ Owner
Signature
/s/ Todd Steadman, Manager of BD1 Investment Holding, LLC and attorney-in-fact for Johannes Kuhn and Ute Kuhn
Issuer symbol
ASTI
Transactions as of
02 Aug 2021
Net transactions value
+$6,666,666,773,333,334
Form type
4
Filing time
04 Aug 2021, 15:59:18 UTC
Next filing
19 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASTI Common Stock Purchase $6,666,666,773,333,334 +666,666,672 $10000000.08* 666,666,672 02 Aug 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 2, 2021, BD 1 Investment Holding, LLC ("BD1") and the Issuer entered into a securities purchase agreement pursuant to which BD1 will purchase from the Issuer an aggregate of 666,666,672 shares of common stock for $10,000,000.08 (or $0.015 per share of common stock), in two tranches: (i) 333,333,336 shares of common stock for $5,000,000.04 on or before August 31, 2021 and (ii) 333,333,336 shares of common stock for $5,000,000.04 on or before (x) October 31, 2021 (if the Issuer then has authorized but unissued shares of common stock sufficient to issue such shares) or (y) within five business days after the effective date of an increase in the authorized shares. This joint filing on Form 4 includes Mr. Johannes Kuhn and Mrs. Ute Kuhn who are the 100% beneficial owners of BD1