Ascent Solar Technologies Inc. sold $70,500 of 8% unsecured convertible note to GS Capital Partners LLC for $68,425 in gross proceeds.
Principal and interest on the note will be payable in a lump sum on its maturity Aug. 26, 2020, according to an Aug. 30 filing.
GS Capital Partners can opt to convert all or any portion of the note into shares of Ascent Solar's common stock.
