secwatch.observer — SEC 8-K summary
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Issuer:     AmpliTech Group, Inc. (AMPG)
CIK:        0001518461
Form:       8-K
Filed at:   2024-12-17T23:59:59+00:00
Accession:  0001493152-24-050463
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AmpliTech Group raises $3.2M via registered direct offering of 1.52M shares at $2.10/share
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- Sold 1,516,680 shares at $2.10 each to two institutional investors in a registered direct offering.
- Gross proceeds expected ~$3.185M before deducting placement agent fees and offering expenses.
- Maxim Group LLC acts as placement agent, receiving 7% of gross proceeds plus up to $30K expense reimbursement.
- Directors and executive officers execute 45-day lock-up agreements restricting sale of company stock post-closing.
- Closing expected December 18, 2024; net proceeds for general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1518461/000149315224050463/0001493152-24-050463-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1518461/000149315224050463/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-050463

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