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AmpliTech Group ( (AMPG) ) just unveiled an announcement.
AmpliTech Group announced a $10 million registered direct offering, selling 2,173,920 shares of common stock at $4.60 per share. The offering is aimed at institutional investors and is expected to enhance the company’s financial resources, potentially impacting its market positioning positively once the offering closes.
More about AmpliTech Group
AmpliTech Group, Inc. is a leading designer, developer, manufacturer, and distributor of advanced radio frequency (RF) microwave components and 5G network solutions. The company serves global markets, including satellite communications, telecommunications (5G & IoT), space exploration, defense, and quantum computing, and is committed to technological advancement and innovation.
YTD Price Performance: 203.72%
Average Trading Volume: 6,887,605
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $99.83M
For detailed information about AMPG stock, go to TipRanks’ Stock Analysis page.
