AmpliTech cuts Titan APA price to $7M, Titan released from covenants after delivery delays

AmpliTech Group, Inc.

Amendment No. 2 dated Aug 6, 2026 with Titan Crest, LLC and affiliate; total purchase price reduced from $8M to $7M.
Remaining $2M due as $1M cash plus $1M restricted stock priced at 30-day VWAP before design transfer.
Titan released from remaining covenants and indemnification; affiliate assumes them; prior claims not waived.
Amendment stems from Titan's substantial product delivery delinquency causing delays in 5G ORAN radio development.
Full agreement to be filed with Q3 2026 Form 10-Q.

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