Date of Report (Date of earliest event reported) |
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August 4, 2004 |
AstroPower, Inc |
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(Exact name of registrant as specified in its charter) |
Delaware |
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000-23657 |
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51-0315860 |
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(State or other
jurisdictions of |
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(Commission file number) |
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(IRS Employer Identification No.) |
110 West 9th Street #453, Wilmington, Delaware |
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19801 |
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(Address of principal executive offices) |
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(Zip Code) |
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Registrant’s telephone number, including area code: |
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(302) 575-7302 |
ITEM 5. OTHER EVENTS
AstroPower, Inc. (OTC: APWR.PK) announced that the US Bankruptcy Court presiding over AstroPower’s Chapter 11 proceeding approved AstroPower’s participation in the disposition by an AstroPower subsidiary of 100% of the share capital of Aplicaciones Tecnicas de la Encergia, S.L.(Atersa) its Spanish operations to Elecnor, S.A.., (Elecnor) a Spanish Corporation on July 12, 2004. The sale closed on July 14, 2004 in Madrid Spain. The sale price was 3.0 million euros.
This transaction completes the sale of substantially all of the assets of AstroPower Inc. and its nondebtor subsidiaries.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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AstroPower, Inc. |
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(Registrant) |
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Date: August 4, 2004 |
By: |
/s/ Carl H. Young III |
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Carl H. Young III |
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Interim Chief Executive Officer |
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