Amplitech Group (AMPG) Registration Filing summary

Company overview and business model

• Designs and manufactures RF amplifiers and subsystems for satellite, telecom (5G/IoT), space, defense, and quantum computing markets, with both domestic and international customers.

• Operates divisions including Specialty Microwave, Spectrum Semiconductor Materials, MMIC Design Center, and True G Speed Services.

• Recent acquisitions include Spectrum Semiconductor Materials and assets from Titan Crest, LLC for 5G ORAN radio products.

• Focuses on expanding proprietary IP, strategic partnerships, and scaling into high-growth markets like 5G/6G and quantum computing.

• Provides non-recurring engineering services and system integration for telcos, including private 5G networks.

Financial performance and metrics

• As of July 22, 2025, 20,573,595 shares of common stock outstanding; market value of non-affiliate shares is approximately $51.5 million.

• Net tangible book value as of March 31, 2025: $1.4619 per share; pro forma as adjusted after offering: $1.3051 per share.

• Sold $13.8 million in common stock in the prior 12 months under Form S-3.

• Recent offerings raised $23.6 million from institutional investors between September and December 2024.

Use of proceeds and capital allocation

• Net proceeds intended for working capital and general corporate purposes, including R&D, engineering, operations, IT, sales force expansion, and marketing.

• Management retains broad discretion over allocation; may invest in short-term securities or reduce indebtedness.