M&A
confidence high
sentiment neutral
materiality 0.75
AmpliTech enters $8M asset purchase for 5G ORAN radio products, secures $750K credit line
AmpliTech Group, Inc.
- Revolving credit line of $750K secured; requires $814,635 minimum deposit in demand deposit account.
- Asset purchase agreement for 5G ORAN radio IP from Titan Crest: $8M total ($3M cash + $5M restricted shares).
- Closing conditioned on receipt of initial Telus purchase order and assurance of $2.5M cash and $2.5M stock due at that point.
- Remaining $500K cash due Dec 5, 2025; $2.5M stock upon IP transfer. Seller non-compete for 10 years.
- Transition services for up to 2 employees at fee not exceeding $430K.