TubeSolar AG closed the announced agreement on the strategic investment in Ascent Solar Technologies Inc. In exchange for USD 2.5 million in cash, TubeSolar AG will receive Ascent Solar shares at a price of USD 0.0001 per share. Taking into account outstanding capital adjustments, TubeSolar AG will in future hold approximately 15% of the share capital of Ascent Solar Technologies Inc. The financing will be provided from the proceeds of the capital increase completed in December 2020.