secwatch.observer — SEC 8-K summary
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Issuer:     AmpliTech Group, Inc. (AMPG)
CIK:        0001518461
Form:       8-K
Filed at:   2025-03-31T23:59:59+00:00
Accession:  0001641172-25-001724
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AmpliTech enters $8M asset purchase for 5G ORAN radio products, secures $750K credit line
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1518461/000164117225001724/0001641172-25-001724-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1518461/000164117225001724/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-001724

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