Shailesh 'Sonny' Modi
On January 17, 2025, the Board appointed Mr. Shailesh “Sonny” Modi as a director of the Board of Directors of the Company to fill the vacancy resulting from Mr. Kappers’ resignation.
Highest-materiality recent filing
AmpliTech Q1 revenue up 49% to $5.35M; gross margin expands to 48% from 33%
Revenue $5.35M, +48.6% YoY; manufacturing & engineering segment revenue rose to $3.28M from $0.99M.
AmpliTech adopts annual bonus plan; CEO target 75% of base, CFO/COO 45%
Bonus plan for FY 2026 onward uses three metrics: revenue (50%), EBITDA/gross margin (35%), employee retention (15%).
CEO Fawad Maqbool: $600K base salary, 75% target bonus (FY2025 cap $200K), 200K stock options + 50K RSUs.
AmpliTech prices $9.04M registered direct offering of 2.23M units at $4.055/unit
Gross proceeds of ~$9,042,650 from 2,230,000 units at $4.055 per unit.
AmpliTech Group raises ~$9M in registered direct offering of 2.23M units at $4.055/unit
Sold 2,230,000 units at $4.055/unit; each unit includes one common share, one Series A Right ($5 strike), one Series B Right ($6 strike).
AmpliTech raises $9.07M in unit rights offering; issues 2.27M shares at $4/unit
Received ~$9.07M from 2.27M unit subscriptions (1.25M basic + 1.02M over-subscriptions).
AmpliTech reports record FY2025 revenue of ~$25M, up 163% YoY; reaffirms FY2026 guidance of $50M+
FY2025 revenue ~$25M, up 163% YoY, exceeding expectations and meeting guidance.
AmpliTech stockholders approve 2.8M share increase to 2020 Equity Plan
Approval adds 2,800,000 shares available for issuance under the 2020 Equity Incentive Plan.
AmpliTech extends rights offering to Jan 9, 2026; raised $6.7M so far at $4/unit
Received ~$6.7M in subscriptions (900K+ basic, 700K+ oversubscriptions) as of Dec 10, 2025.
AmpliTech Q3 revenue $6.09M (+115% YoY); raises FY2025 guidance to ≥$25M
Quarterly revenue of $6.09M, up 115% from $2.83M in Q3 2024.
AmpliTech starts unit rights offering up to 8M units at $4/unit; awards discretionary bonuses
Discretionary cash bonuses approved: CEO Fawad Maqbool $160k, CFO Louisa Sanfratello $80k, COO Jorge Flores $80k.
AmpliTech updates rights offering details; Q2 revenue ~$11M, LOIs total $118M
Q2 2025 unaudited revenue approaching $11M, 75% from high-margin 5G ORAN products.
AmpliTech launches rights offering for up to 8M units at $4.00 per unit
Two transferable Unit Subscription Rights per share held as of Nov. 10, 2025; each right buys a Unit at $4.00.
AmpliTech furnishes corporate update presentation; no material financial details disclosed
Presentation filed as Exhibit 99.1 covers company information for 2025.
AmpliTech reports record Q2 sales >$11M; raises FY 2025 guidance to at least $24M
Record Q2 2025 revenue >$11M, surpassing total FY 2024 sales; gross margins compressed by one-time costs.
AmpliTech enters $25M ATM equity distribution agreement with Maxim Group
Agreement filed July 22, 2025 with Maxim Group for at-the-market offering up to $25M common stock.
AmpliTech reports preliminary Q2 revenue ~$11M; 5G ORAN drives 75% of sales
Preliminary Q2 2025 revenue of approx. $11M, 75% from 5G ORAN product line via AGTGSS division.
Issued 914,635 restricted shares at $1.64/share (VWAP-based) to Titan Crest LLC for asset acquisition.
AmpliTech enters $8M asset purchase for 5G ORAN radio products, secures $750K credit line
Revolving credit line of $750K secured; requires $814,635 minimum deposit in demand deposit account.
AmpliTech reports Q4 revenue down 55%, net loss widens; launches $25M ATM offering
Preliminary Q4 2024 revenue ~$1.8M (-55% YoY); gross margin 11% vs 50%; net loss ~$3.8M vs $0.6M.
AmpliTech director Kappers resigns; Shailesh Modi appointed to board
Matthew Kappers resigned as director on Jan 17, 2025, for personal reasons.
AmpliTech CEO letter: $20M raise, 5G FCC plans, Fortune 500 partnerships
Raised over $20M to fund strategic growth initiatives across quantum computing, 5G/6G, and satellite communications.
AmpliTech Group regains Nasdaq minimum bid price compliance
Received Nasdaq notice on Dec 27, 2024 confirming compliance with $1.00 minimum bid price rule.
AmpliTech raises $10M via registered direct offering of 2.17M shares at $4.60 each
Securities Purchase Agreement with 3 institutional investors for 2,173,920 shares at $4.60/share.
AmpliTech Group prices $10M registered direct offering of 2.17M shares at $4.60 each
Offering of 2,173,920 shares at $4.60 per share for gross proceeds of ~$10.0 million.
AmpliTech Group prices $5.8M registered direct offering of 1.87M shares at $3.10/share
Gross proceeds of approximately $5.8M from sale of 1,871,000 shares of common stock at $3.10 per share.
AmpliTech raises ~$5.8M in registered direct offering of 1.87M shares at $3.10
Sold 1,871,000 shares at $3.10/share to three institutional investors; gross proceeds approx $5.8M.
AmpliTech 2024 annual meeting elects all five director nominees
Fawad Maqbool re-elected with 3,915,832 votes for; 390,525 withheld.
AmpliTech Group closes $5.3M in two registered direct offerings
Gross proceeds of approximately $5.3M from two registered direct offerings closed Dec 13 and Dec 18, 2024.
AmpliTech Group Announces $3.1M Registered Direct Offering of 1.52M Shares at $2.10/Share
Offering of 1,516,680 common shares at $2.10 each for gross proceeds of ~$3.1 million.
AmpliTech Group raises $3.2M via registered direct offering of 1.52M shares at $2.10/share
Sold 1,516,680 shares at $2.10 each to two institutional investors in a registered direct offering.
AmpliTech Group raises ~$2.16M in registered direct offering of 1.35M shares at $1.60/share
Registered direct offering of 1,352,500 shares at $1.60 per share for gross proceeds ~$2.164M.
AmpliTech Group prices $2.2M registered direct offering of 1.35M shares at $1.60/share
Gross proceeds of ~$2.2M from sale of 1,352,500 shares at $1.60 per share to institutional investors.
AmpliTech raises ~$1.5M in registered direct offering of common stock and prefunded warrants
Registered direct offering of 1,425,377 shares at $0.92/shr and 177,882 prefunded warrants at $0.919/warrant.
AmpliTech prices $1.4M registered direct offering at $0.92/share
Offering of 1,603,259 shares of common stock (or pre-funded warrants) at $0.92/share.
Closing bid price below $1.00 for 30 consecutive business days ended September 26, 2024 triggered deficiency notice.
AmpliTech raises ~$1.0M through registered direct offering of 1.37M shares at $0.7302/share
Sold 1,369,488 shares of common stock at $0.7302 per share to a single institutional investor.
AmpliTech Group announces $1.0M registered direct offering at $0.7302 per share
Gross proceeds of $1.0M from sale of 1,369,488 shares at $0.7302/share to Bard Associates, Inc.
AmpliTech Group announces Q2 2024 investor conference call for August 28
Conference call scheduled for Wednesday, August 28, 2024 at 5:00 PM ET.
AmpliTech Q2 revenue $2.5M, gross margin 42%, net loss $1.57M amid recessionary headwinds
Revenue $2.5M, gross profit $1.05M (42% margin), net loss $1.57M for Q2 2024.
AmpliTech signs exclusive 5G telecom licensing deal; $1.25M fee payable
Exclusive 18-month US distribution and global licensing rights for 5G telecom equipment effective July 26, 2024.
AmpliTech secures $1.3M loan at 21.2% for working capital and 5G licensing
Loan of $1,300,000 with Altbanq Lending II LLC; origination fee of $26,000.
AmpliTech CEO letter reassures shareholders, clarifies no digital currency investments
CEO states no digital currency investments; prior one-time incident reported to FBI and international authorities (no recovery yet).
AmpliTech regains Nasdaq compliance after filing late Q1 10-Q
Received Nasdaq notice on May 29 confirming compliance with Listing Rule 5250(c)(1).
AmpliTech receives Nasdaq deficiency notice for late Form 10-Q filing
Received Nasdaq notice on May 22, 2024 for failure to timely file Q1 2024 Form 10-Q (Listing Rule 5250(c)(1)).
AmpliTech expects Q1 net loss ~$4.7M due to $3.25M digital currency fraud; delays 10-Q
Company believes it was fraudulently induced to hold $3.25M in digital currency with a custodian that no longer exists.
AmpliTech extends Jorge Flores employment term to March 20, 2027 via Second Amendment
Employment Period extended to March 20, 2027; original agreement was dated Feb 21, 2022.
On January 17, 2025, the Board appointed Mr. Shailesh “Sonny” Modi as a director of the Board of Directors of the Company to fill the vacancy resulting from Mr. Kappers’ resignation.
On January 17, 2025, Mr. Matthew Kappers resigned as a director of the Company, including his positions as the chairman of the Nominating and Corporate Governance Committee, and as a member of the Audit Committee and the Compensation Committee, effective immediately.
Max materiality 0.80 · Median 0.60 · Most common event other_material