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Amplitech Group, Inc. Series B Right 8-K Filings

AMPGZ NASDAQ

Every 8-K that Amplitech Group, Inc. Series B Right (AMPGZ) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow AMPGZ and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AMPGZ filings page.

Rhea-AI Summary

AmpliTech Group, Inc. announced updated ORAN 5G business and financial outlook alongside Amendment No. 2 to its asset purchase agreement with Titan Crest. The amendment reduces the aggregate purchase price by $1 million, from $8 million to $7 million, while the company states its rights and claims against Titan and its affiliate remain intact and that Titan’s affiliate assumed substantially all remaining covenants and indemnification obligations.

Management highlights more than $17 million in 5G ORAN-related shipments since program inception and an approximately $17 million current backlog of open orders, with zero long-term debt. Over 2,000 radios are reported shipped and in service with a Tier-1 mobile network operator, supported by FCC and ISED Canada certifications and a newly certified AI-ready 4T8R macro radio and small-cell portfolio.

For 2026, the company currently expects full-year revenue to exceed FY2025, though it cites Asian deployment shifts that affect shipment timing and may push some revenue into 2027. Management expects margins to improve beginning in 2027 as higher-margin ORAN orders follow an initial North American program in which it accepted about $2 million in reduced profit. AmpliTech also reports a significant, but non-binding, Tier-1 infrastructure RFP that could represent tens of millions of dollars if fully awarded and cites third-party estimates that the Open RAN radio unit market could reach $10.8 billion by 2033.

Rhea-AI Summary

AmpliTech Group, Inc. reported strong growth for the quarter ended June 30, 2026. Revenue reached $8.07 million, up 50.9% sequentially from $5.35 million, while gross profit rose 161.2% year-over-year to $2.25 million. Gross margin expanded to 27.9% from 7.8% in Q2 2025, though it was below the 48.0% achieved in Q1 2026.

Operating investment increased, with research and development expense rising to $1.37 million from $0.66 million, contributing to a wider net loss of $(3.09) million versus $(1.77) million a year earlier. As of June 30, 2026, the company reported $12.95 million in cash, cash equivalents and marketable securities, working capital of $22.93 million, total assets of $58.51 million and stockholders’ equity of $46.75 million. Management believes current resources support at least the next 12 months of operations.

Subsequently, the board authorized a $10 million stock repurchase program over 24 months, and the company closed its Series A Rights exercise, receiving approximately $21.92 million in gross proceeds and $20.12 million in net proceeds. AmpliTech also reported more than $6 million in follow-on orders in July 2026, including nearly $4 million tied to a Letter of Intent with a North American mobile network operator.

Rhea-AI Summary

AmpliTech Group, Inc. entered into Amendment No. 2 to its Asset Purchase Agreement with Titan Crest, LLC and an affiliate on August 6, 2026. The amendment responds to what the company describes as Titan’s and the affiliate’s substantial delinquency in delivering products, which has caused substantial delays in developing AmpliTech’s products, including documentation and drawing packages for 5G ORAN radio products.

The amendment reduces the aggregate purchase price from $8,000,000 to $7,000,000 and revises the form of payment for the remaining unpaid purchase price of $2,000,000, to be satisfied by $1,000,000 in cash and $1,000,000 in restricted common stock. The stock portion will be priced using the volume-weighted average price over the 30 trading days preceding the transfer of a fully developed 5G ORAN radio design package and its acceptance for full production by AmpliTech’s manufacturing partner. Titan is released from substantially all remaining covenants and indemnification obligations, which are assumed by the affiliate, and AmpliTech states it has not waived any rights or claims arising prior to the amendment date.

Rhea-AI Summary

AmpliTech Group, Inc. announced that it has received subscriptions totaling approximately $21.9 million in its Series A Rights Offering, subject to final reconciliation and closing procedures. After this process, the company expects to issue approximately 4,384,163 shares of common stock. All Series A Rights were exercised or expired on July 18, 2026.

Management states that the company now has more cash on hand than ever before and no material financial debt, and plans to use net proceeds for general corporate purposes including working capital, inventory, sales and marketing, commercialization, scaling the business, and, if authorized by the board, potential share repurchases, as well as innovation and acceleration of AI RAN and Open RAN wireless opportunities. A separate Series B rights offering (AMPGZ) at a $6 subscription price remains open and is scheduled to expire on November 20, 2026, with Moody Capital Solutions, Inc. acting as dealer manager.

Rhea-AI Summary

AmpliTech Group, Inc. ended its Equity Distribution Agreement with Maxim Group LLC effective July 7, 2026, halting use of that at-the-market equity sales facility. The company’s board also approved a stock repurchase program authorizing up to $10 million of common stock repurchases over the next 24 months.

Repurchases may occur at the company’s discretion through open market purchases, block trades, privately negotiated transactions, or other methods consistent with Rule 10b-18, and may be supported by a Rule 10b5-1 trading plan. The program can be suspended, modified, or discontinued at any time and does not require any minimum share purchases.

Rhea-AI Summary

AmpliTech Group, Inc. reported strong preliminary results for the first quarter of 2026, highlighted by rapid growth and better profitability. Revenue rose 48.6% year-over-year to $5.35 million from $3.60 million, while gross profit increased 116.1% to $2.57 million. Gross margin expanded to 48.0% from 33.0%, helped by a sharp increase in manufacturing and engineering segment revenue to $3.28 million from $0.99 million.

The company’s net loss improved 17.3% year-over-year to $(1.52) million. Liquidity strengthened, with cash, cash equivalents and marketable securities at approximately $18.4 million as of March 31, 2026, and working capital at about $25.4 million versus $10.2 million on December 31, 2025. The current ratio improved to 4.25 from 1.68 and total assets to total liabilities improved to $48.36 million from $32.86 million, and the company remains debt free.

Management noted progress advancing 5G ORAN radio systems, MMIC chip designs, satellite and defense communications applications, and other next-generation wireless infrastructure solutions. The company reaffirmed that its full-year revenue guidance remains achievable and expects revenue to be more heavily weighted toward the second half of the year.

Rhea-AI Summary

AmpliTech Group, Inc. approved a new annual performance-based bonus plan for its named executive officers starting with the 2026 fiscal year and onward. The plan is designed to reward achieving specific financial, operational, and strategic goals.

Bonuses are tied to three metrics: annual revenue (50% weighting), EBITDA/gross margin (35%), and employee retention (15%). Target bonuses are 75% of base salary for CEO Fawad Maqbool and 45% for CFO Louisa Sanfratello and COO Jorge Flores. Maximum performance can raise bonuses to 105% for the CEO and 75% for the CFO and COO, with linear interpolation between thresholds. The Board may also grant additional discretionary bonuses up to 85% of base salary for the CEO and 55% for the CFO and COO.