Amplitech Group Inc. (AMPG) Prices $1M Share Offering at $0.73/sh

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Go back to Amplitech Group Inc. (AMPG) Prices $1M Share Offering at $0.73/sh

AmpliTech Group Announces Pricing of $1.0 Million Registered Direct Offering, Priced At-The-Market

September 9, 2024 8:30 PM EDT

HAUPPAUGE, N.Y., Sept. 09, 2024 (GLOBE NEWSWIRE) -- AmpliTech Group, Inc. (Nasdaq: AMPG, AMPGW) (the Company), a designer, developer, and manufacturer of state-of-the-art signal processing components for satellite, Public and Private 5G, and other communications networks, including the design of complete 5G/6G systems and a global distributor of packages and lids for integrated circuits assembly, today announced that it has entered into a securities purchase agreement with a single institutional investor to purchase 1,369,488 shares of common stock at an offering price of $0.7302 per share, in a registered direct offering priced at-the-market.

The gross... More