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AmpliTech Group Announces Pricing of $9 Million Unit Offering
Globenewswire· 2026-01-26 13:30
Core Viewpoint - AmpliTech Group, Inc. has announced a registered direct offering to institutional investors, aiming to raise approximately $9.04 million through the sale of 2,230,000 Units at a price of $4.055 per Unit, which includes common stock and rights to purchase additional shares at specified prices [1][2]. Group 1: Offering Details - The offering consists of 2,230,000 Units priced at $4.055 each, with each Unit including one share of common stock, one Series A right to purchase a share at $5.00, and one Series B right to purchase a share at $6.00 [1]. - Gross proceeds from the offering are estimated to be around $9,042,650 million before deducting fees and expenses [2]. - The offering is expected to close on or about January 27, 2026, pending customary closing conditions [2]. Group 2: Regulatory Information - The securities are being offered under a shelf registration statement on Form S-3, which was declared effective by the SEC on August 4, 2025 [3]. - The offering will be conducted via a prospectus supplement that is part of the registration statement [3]. Group 3: Company Overview - AmpliTech Group, Inc. is a leading designer, developer, manufacturer, and distributor of advanced radio frequency microwave components and ORAN 5G network solutions, serving markets such as satellite communications, telecommunications, space exploration, defense, and quantum computing [5].