ASCENT SOLAR TECHNOLOGIES, INC. (OTCMKTS:ASTI) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07 Submission of Matters to a Vote of Security Holders.
The Company held its Annual Meeting of Stockholders (“Annual Meeting”) on August 3, 2017. The matters voted upon at the Annual Meeting and the results of such voting are set forth below.
Proposal 1 – Election of one Class 3 director to serve until the 2020 annual meeting of stockholders and their successors have been elected and qualified.
Nominee |
Votes For |
Withheld |
Broker Non-Votes |
Victor Lee |
1,478,934,728 |
176,208,395 |
2,682,238,674 |
The director nominee was duly elected.
Mr. Winston Xu (Xu Biao), also a director whose term was ending, retired from the board at the completion of the 2017 Annual Meeting.
Proposal 2 – Ratification of appointment of Independent Registered Public Accounting Firm.
Votes For |
Votes Against |
Abstain |
Broker Non-Votes |
3,910,570,742 |
386,165,561 |
40,645,494 |
Proposal 2 was approved.
Proposal 3 – Non-binding advisory approval of the compensation of our executive officers.
Votes For |
Votes Against |
Abstain |
Broker Non-Votes |
1,380,435,083 |
207,586,439 |
67,121,601 |
2,682,238,674 |
Proposal 3 was approved.
About ASCENT SOLAR TECHNOLOGIES, INC. (OTCMKTS:ASTI)
Ascent Solar Technologies, Inc. is engaged in commercializing flexible photovoltaic (PV) modules using its technology. The Company’s manufacturing process deposits multiple layers of materials, including a thin film of copper-indium-gallium-diselenide (CIGS) semiconductor material, on a plastic substrate using a roll-to-roll manufacturing process and then laser patterns the layers to create interconnected PV cells or PV modules, in a process known as monolithic integration. The Company is producing consumer oriented products focusing on charging devices powered by its solar modules. It manufactures its products by affixing a thin CIGS layer to a flexible, plastic substrate using a roll-to-roll process. Its EnerPlex products are available on www.goenerplex.com and a range of third-party e-commerce sites, including www.amazon.com, www.bestbuy.com, www.walmart.com, www.newegg.com, www.frys.com, www.cabelas.com and several others.