Ascent Solar Technologies, Inc. reporting persons amended a Schedule 13G to disclose beneficial ownership related to warrants.
The filing shows 2,822 shares of Common Stock are issuable on exercise of warrants held by Ayrton Capital LLC, Alto Opportunity Master Fund (Segregated Master Portfolio B) and Waqas Khatri. The issuable shares are subject to a 9.99% beneficial ownership blocker. The percentages are calculated using 9,461,887 shares outstanding as of March 20, 2026, producing a reported ownership of 0.03% for each reporting person as of March 31, 2026.
Positive
None.
Negative
None.
Insights
Minor warrant-based holdings disclosed; blocker limits potential conversion.
The filing lists 2,822 shares issuable on exercise of warrants held collectively by the Reporting Persons and reports a 9.99% beneficial ownership blocker, which constrains conversion beyond that threshold.
Because the reported stake equals 0.03% of the 9,461,887 share count used, the disclosure is routine; subsequent filings would show any exercise or change in ownership.
Key Figures
Shares issuable on exercise:2,822 sharesBeneficial ownership blocker:9.99%Shares outstanding used for calculation:9,461,887 shares+1 more
4 metrics
Shares issuable on exercise2,822 sharesissuable on exercise of certain warrants held by the Reporting Persons
Beneficial ownership blocker9.99%ownership blocker applicable to the issuable shares
Shares outstanding used for calculation9,461,887 sharesoutstanding as of <date>March 20, 2026</date> per the issuer's 10-K
Reported percent of class0.03%reported for each Reporting Person as of <date>March 31, 2026</date>
"2,822 shares of Common Stock issuable on the exercise of certain warrants"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
Beneficial ownership blockerregulatory
"The issuable shares of Common Stock related to the exercise of the Warrants are subject to a 9.99% beneficial ownership blocker"
Schedule 13G/Aregulatory
"Amendment No. 1 — reporting persons amended a Schedule 13G to disclose beneficial ownership"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Ascent Solar Technologies, Inc.
(Name of Issuer)
Common
(Title of Class of Securities)
043635804
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
043635804
1
Names of Reporting Persons
Ayrton Capital LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
2,822.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
2,822.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,822.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.03 %
12
Type of Reporting Person (See Instructions)
IA, CO
SCHEDULE 13G
CUSIP Number(s):
043635804
1
Names of Reporting Persons
Alto Opportunity Master Fund, SPC - Segregated Master Portfolio B
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
2,822.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
2,822.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,822.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.03 %
12
Type of Reporting Person (See Instructions)
CO
SCHEDULE 13G
CUSIP Number(s):
043635804
1
Names of Reporting Persons
Waqas Khatri
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
2,822.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
2,822.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,822.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.03 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Ascent Solar Technologies, Inc.
(b)
Address of issuer's principal executive offices:
12300 Grant Street, Thornton, CO 80241
Item 2.
(a)
Name of person filing:
(i) Ayrton Capital LLC; (ii) Alto Opportunity Master Fund, SPC - Segregated Master Portfolio B; and (iii) Waqas Khatri
(b)
Address or principal business office or, if none, residence:
(i) Ayrton Capital LLC, 55 Post Rd West, 2nd Floor Westport, CT 06880; (ii) Alto Opportunity Master Fund, SPC - Segregated Master Portfolio B, Suite #7 Grand Pavilion Commercial Centre, 802 West Bay Road, Grand Cayman, P.O. Box 10250, Cayman Islands; and (iii) Waqas Khatri 55 Post Rd West, 2nd Floor Westport, CT 06880
(c)
Citizenship:
(i) Ayrton Capital LLC: United States; (ii) Alto Opportunity Master Fund, SPC - Segregated Master Portfolio B: Cayman Islands; and (iii) Waqas Khatri: United States
(d)
Title of class of securities:
Common
(e)
CUSIP No.:
043635804
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
Ayrton Capital LLC: 2,822; (ii) Alto Opportunity Master Fund, SPC - Segregated Master Portfolio B: 2,822; and (iii) Waqas Khatri: 2,822. Represents (i) 2,822 shares of Common Stock issuable on the exercise of certain warrants (the "Warrants") held by the Reporting Persons. The issuable shares of Common Stock related to the exercise of the Warrants are subject to a 9.99% beneficial ownership blocker. The shares reported herein represent Common Stock of Ascent Solar Technologies, Inc. (the "Issuer") held by Alto Opportunity Master Fund, SPC- Segregated Master Portfolio B, a Cayman Islands exempted company (the "Fund"). The Fund is a private investment vehicle for which Ayrton Capital LLC, a Delaware limited liability company (the "Investment Manager"), serves as the investment manager. Waqas Khatri serves as the managing member of the Investment Manager (all of the foregoing, collectively, the "Reporting Persons").
(b)
Percent of class:
The percentages below are based on (i) 9,461,887 shares of Common Stock of the Issuer that were outstanding as of March 20, 2026; and (ii) 2,822 shares of Common Stock issuable on the exercise of the Warrants held by the Reporting Persons. The amount of shares outstanding was based upon a statement in the Issuer's 10-K filed on March 20, 2026. For the sake of clarity, the holdings of the Reporting Persons reported herein are as of March 31, 2026 . (i) Ayrton Capital LLC: 0.03%; (ii) Alto Opportunity Master Fund, SPC - Segregated Master Portfolio B: 0.03%; and (iii) Waqas Khatri: 0.03%.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
(i) Ayrton Capital LLC: 2,822 ; (ii) Alto Opportunity Master Fund, SPC - Segregated Master Portfolio B: 2,822 ; and (iii) Waqas Khatri: 2,822
(ii) Shared power to vote or to direct the vote:
(i) Ayrton Capital LLC: 0; (ii) Alto Opportunity Master Fund, SPC - Segregated Master Portfolio B: 0; and (iii) Waqas Khatri: 0
(iii) Sole power to dispose or to direct the disposition of:
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Ayrton Capital LLC
Signature:
/s/ Waqas Khatri
Name/Title:
Waqas Khatri / Managing Member
Date:
05/11/2026
Alto Opportunity Master Fund, SPC - Segregated Master Portfolio B
What stake did Ayrton Capital, Alto Opportunity and Waqas Khatri report in ASTI?
They each reported beneficial ownership equal to 2,822 shares issuable on exercise of warrants. The filing states this represents 0.03% of the company's common stock using 9,461,887 shares outstanding as of March 20, 2026.
Are the 2,822 shares immediately exercisable into ASTI common stock?
The filing describes the 2,822 shares as issuable on exercise of certain warrants. It also notes those issuable shares are subject to a 9.99% beneficial ownership blocker, which constrains conversion beyond that ownership threshold.
How was the percent ownership calculated in the Schedule 13G/A?
Percent ownership uses 9,461,887 shares outstanding as of March 20, 2026 from the issuer's 10-K and counts the 2,822 warrants issuable to each reporting person for the March 31, 2026 holdings reported in the amendment.
Who are the reporting persons named in the amendment for ASTI?
The filing names (i) Ayrton Capital LLC, (ii) Alto Opportunity Master Fund, SPC - Segregated Master Portfolio B, and (iii) Waqas Khatri as the Reporting Persons, with Ayrton as the fund's investment manager.
Does the Schedule 13G/A show control or disposition powers over the shares?
Each Reporting Person reports sole voting power and sole dispositive power for the 2,822 shares issuable on exercise of the warrants, with no shared voting or dispositive power reported in the filing.
