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 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 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 $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 Group regains Nasdaq minimum bid price compliance
Received Nasdaq notice on Dec 27, 2024 confirming compliance with $1.00 minimum bid price rule.
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 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 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.
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 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 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 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.
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