other material
confidence high
sentiment neutral
materiality 0.60
AmpliTech raises ~$1.5M in registered direct offering of common stock and prefunded warrants
AmpliTech Group, Inc.
- Registered direct offering of 1,425,377 shares at $0.92/shr and 177,882 prefunded warrants at $0.919/warrant.
- Gross proceeds expected ~$1.475M before placement agent fees and expenses.
- Placement agent Maxim Group LLC receives 7% fee; directors and officers subject to 45-day lock-up.
- Prefunded warrants exercisable immediately at $0.001/shr until fully exercised.
- Offering made under existing S-3 shelf registration statement (File No. 333-278657).