secwatch.observer — SEC 8-K summary
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Issuer:     AmpliTech Group, Inc. (AMPG)
CIK:        0001518461
Form:       8-K
Filed at:   2024-12-26T23:59:59+00:00
Accession:  0001493152-24-052158
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AmpliTech raises ~$5.8M in registered direct offering of 1.87M shares at $3.10
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- Sold 1,871,000 shares at $3.10/share to three institutional investors; gross proceeds approx $5.8M.
- Closing expected Dec 27, 2024; Maxim Group LLC receives 7% placement fee plus up to $30K expenses.
- Directors and executive officers subject to 45-day lock-up on selling Company stock from closing.
- Company also restricted from issuing equity or filing registration statements for 45 days post-closing.
- Prior investors from Nov/Dec 2024 waived their 45-day prohibitions to allow this offering.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1518461/000149315224052158/0001493152-24-052158-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1518461/000149315224052158/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-052158

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