Amplitech Group Inc. (AMPG) Prices $1.6M Offering at $0.92/sh

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Go back to Amplitech Group Inc. (AMPG) Prices $1.6M Offering at $0.92/sh

AmpliTech Group Announces Pricing of $1.4 Million Registered Direct Offering, Priced At-The-Market

November 25, 2024 9:00 AM EST

HAUPPAUGE, N.Y., Nov. 25, 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 one or more securities purchase agreements with certain institutional investors to purchase 1,603,259 shares of common stock (or pre-funded warrants in lieu thereof) (the Securities) at an offering price of $0.92 per share, in a registered direct offering, priced... More