other material
confidence high
sentiment negative
materiality 0.55
AmpliTech prices $1.4M registered direct offering at $0.92/share
AmpliTech Group, Inc.
- Offering of 1,603,259 shares of common stock (or pre-funded warrants) at $0.92/share.
- Gross proceeds estimated at $1.4M before fees; expected close Nov 26, 2024.
- Maxim Group LLC acting as sole placement agent; offering under existing S-3 shelf.
- Priced at-the-market using 5-day average closing price per Nasdaq rules.