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0.03125 -0.00833333333333334 -0.0417708333333334 -0.0313541666666667 -0.0520833333333335 0.0624999999999999 0.0624999999999999 -0.00781249999999995
Stock impact report

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

Amplitech Group, Inc. (AMPG) 
NASDAQ:AMEX Investor Relations: amplitechinc.com/about/investors
Company Research Source: GlobeNewswire
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 at-the-market using the 5 day average closing price under Nasdaq rules. The gross proceeds to the Company from the registered direct offering are estimated to be approximately $1.4 million before deducting the placement agent’s fees and other estimated offering expenses. The offering is Show less Read more
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