AmpliTech raises $10M via registered direct offering of 2.17M shares at $4.60 each

AmpliTech Group, Inc.

Securities Purchase Agreement with 3 institutional investors for 2,173,920 shares at $4.60/share.
Gross proceeds ~$10,000,032; closing expected Dec 31, 2024.
Maxim Group acts as placement agent with 6% fee plus up to $30K expenses.
Company and insiders subject to 45-day lock-up after closing; certain earlier investors waived similar restrictions.
Offering made under effective shelf registration on Form S-3.

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