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AmpliTech Group Announces $2.2 Million Stock Offering
An update from AmpliTech Group ( (AMPG) ) is now available.
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AmpliTech Group announced the pricing of a $2.2 million registered direct offering, selling 1,352,500 shares of its common stock at $1.60 per share. The offering, expected to close on December 13, 2024, involves Maxim Group LLC as the sole placement agent, and the proceeds will support the company’s operations and market positioning in the competitive communication technology industry.
More about AmpliTech Group
AmpliTech Group, Inc. is a leading designer, developer, manufacturer, and distributor of advanced radio frequency microwave components and 5G network solutions. With five divisions, the company serves global markets in satellite communications, telecommunications (5G & IoT), space exploration, defense, and quantum computing, focusing on innovation and technological advancement.
YTD Price Performance: 2.66%
Average Trading Volume: 3,331,940
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $24.16M
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