other material
confidence high
sentiment neutral
materiality 0.45
AmpliTech issues 914,635 restricted shares at $1.64 each to Titan Crest as partial payment for asset acquisition
AmpliTech Group, Inc.
- Issued 914,635 restricted shares at $1.64/share (VWAP-based) to Titan Crest LLC for asset acquisition.
- Total purchase price $8M: $4M cash ($3.5M paid so far) and $4M in restricted stock. Second milestone expected late 2025.
- Shares exempt from SEC registration under Rule 506; Titan represented as accredited investor.