secwatch.observer — SEC 8-K summary
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Issuer:     AmpliTech Group, Inc. (AMPG)
CIK:        0001518461
Form:       8-K
Filed at:   2024-09-11T23:59:59+00:00
Accession:  0001493152-24-035702
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AmpliTech raises ~$1.0M through registered direct offering of 1.37M shares at $0.7302/share
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- Sold 1,369,488 shares of common stock at $0.7302 per share to a single institutional investor.
- Gross proceeds approximately $1.0 million; closing expected September 11, 2024.
- Maxim Group LLC acted as placement agent with a 6.5% fee plus up to $25,000 in expense reimbursement.
- Directors and executive officers entered into 30-day lock-up agreements starting at closing.
- Company agreed to a 30-day restriction on variable rate transactions after closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1518461/000149315224035702/0001493152-24-035702-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1518461/000149315224035702/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-035702

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