AmpliTech Group sells 1,871,000 shares at $3.10 each, raising $5.8 million

From GlobeNewswire: 2024-12-26 09:15:00

AmpliTech Group, Inc. has entered into securities purchase agreements to sell 1,871,000 shares at $3.10 per share, raising an estimated $5.8 million. The offering is set to close on December 27, 2024. Maxim Group LLC is the sole placement agent for the offering. The Securities are offered under a shelf registration statement on Form S-3. The Company is a leading designer and manufacturer of RF microwave components and 5G network solutions, serving various industries globally. This announcement contains forward-looking statements and reflects the Company’s current views on future events. Investors should exercise caution and refer to official filings with the SEC for more information.

For further details, visit the SEC’s website or contact Maxim Group LLC. Follow AmpliTech Group on social media for updates. For investor inquiries, contact Jorge Flores at 631-521-7831 or email [email protected].



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