0001477932-23-002653.txt : 20230417 0001477932-23-002653.hdr.sgml : 20230417 20230417160030 ACCESSION NUMBER: 0001477932-23-002653 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 17 CONFORMED PERIOD OF REPORT: 20230417 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20230417 DATE AS OF CHANGE: 20230417 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AmpliTech Group, Inc. CENTRAL INDEX KEY: 0001518461 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATIONS EQUIPMENT, NEC [3669] IRS NUMBER: 274566352 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-40069 FILM NUMBER: 23823911 BUSINESS ADDRESS: STREET 1: 155 PLANT AVENUE CITY: HAUPPAUGE STATE: NY ZIP: 11788 BUSINESS PHONE: 631-521-7831 MAIL ADDRESS: STREET 1: 155 PLANT AVENUE CITY: HAUPPAUGE STATE: NY ZIP: 11788 FORMER COMPANY: FORMER CONFORMED NAME: BAYVIEW ACQUISITION CORP DATE OF NAME CHANGE: 20110418 8-K 1 ampg_8k.htm FORM 8-K ampg_8k.htm

 

  

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

 

Date of Report (date of earliest event reported): April 17, 2023

 

AmpliTech Group, Inc.

(Exact Name of Registrant as Specified in its Charter)

 

Nevada

 

001-40069

 

27-4566352

(State of incorporation)

 

(Commission File Number)

 

(IRS Employer Identification No.)

 

155 Plant Avenue

Hauppauge, NY 11788

(Address of principal executive offices)

 

(631)-521-7831

(Registrant’s telephone number, including area code)

 

N/A

(Former Name or former address if changed from last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading Symbol(s)

 

Name of each exchange on

which registered

Common Stock, par value $0.001 per share

 

AMPG

 

The Nasdaq Stock Market LLC

Warrants to Purchase Common Stock

 

AMPGW

 

The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

 

Emerging growth company 

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

Item 8.01  Other Events

 

On April 17, 2023, AmpliTech Group, Inc. (the “Company”) issued a press release announcing entry into a distribution agreement with NGK Electronic Devices (“NGK”), pursuant to which the Company’s Spectrum Semiconductor division will serve as the U.S. distributor for certain NGK products. A copy of the press release is attached hereto and incorporated herein by reference in its entirety as Exhibit 99.1.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit

No.

 

Description

99.1

 

Press Release dated April 17, 2023

 

 

 

104

 

Cover Page Interactive Data File (embedded within the Inline XBRLdocument)

 

 
2

 

  

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Amplitech Group Inc.

 

 

 

 

 

Date: April 17, 2023

By:

/s/ Fawad Maqbool

 

 

Name:

Fawad Maqbool

 

 

Title:

President

 

 

 
3

 

EX-99.1 2 ampg_ex991.htm PRESS RELEASE ampg_ex991.htm

EXHIBIT 99.1

 

 

AmpliTech Group’s Division, Spectrum Semiconductor Materials, Inks Distribution Deal with

NGK Electronic Devices, a Leading Global Semiconductor Manufacturer

-AmpliTech to Become NGK's First US Distributor of Their RF Microwave Package Products-

 

Hauppauge, NY – April 17,  2023 -- AmpliTech Group, Inc. AmpliTech Group, Inc (Nasdaq: AMPG), , a designer, developer, and manufacturer of state-of-the-art signal-processing components for satellite, 5G, and other communications networks, and a worldwide distributor of packages and lids for integrated circuit assembly, as well as a designer of complete 5G/6G systems, is proud to announce its partnership with NGK Electronic Devices, a powerhouse in the semiconductor packaging industry, to become their US distributor for NGK's state-of-the-art RF Microwave products. This partnership marks NGK's first distribution agreement with a US partner, presenting a significant opportunity for both parties.

 

NGK Electronic Devices, based in Japan, is a world leader in the development and manufacturing of ceramic semiconductor packages. These advanced products play a crucial role in the semiconductor packaging industry, addressing key concerns such as heat management and electrical insulation. AmpliTech's semiconductor distribution division, Spectrum Semiconductor, will leverage its extensive distribution network and expertise to ensure that NGK's RF Microwave Packages product line is readily available to customers across the United States, further expanding NGK's global presence.

 

AmpliTech's Founder and CEO, Fawad Maqbool, is excited for the collaboration, stating, "We are honored to become NGK’s first distribution partner in the US. They are pioneers in the semiconductor space, and we look forward to bringing their solutions to the US market. This partnership is expected to be mutually beneficial as we have a large overlap in the industries we serve, including the telecom, aerospace, defense, industrial, and consumer electronics sectors. By becoming their first US distributor for NGK's products, we are confident that we can provide exceptional value to our customers and solidify our position as a driving force in the semiconductor space.” Furthermore, Mr. Maqbool added, “These packages complement both our Semiconductor Packages and MMIC divisions, increasing their product offerings and paving the way for our MMICs to be implemented using the wide array of RF semiconductor packages from NGK. This will provide the latest technology solutions to OEMs requiring these types of advanced packages for use in cellphones, radios, laptops, satellites, etc.”

 

This strategic partnership serves as a testament to both companies' shared vision of delivering unparalleled quality and technological innovation to the market. AmpliTech's partnership with NGK presents a tremendous opportunity for growth and expansion in the US market, further cementing their respective reputations as leaders in the industry.

 

About AmpliTech Group

 

AmpliTech Group, Inc. designs, develops, manufactures, and distributes state-of-the-art radio frequency (RF) microwave components for global satellite communications, telecom (5G & IoT), space, defense, and quantum computing markets as well as systems and component design consulting services. In December 2021, AmpliTech completed the purchase of the assets and operations of Spectrum Semiconductor Materials Inc. a global specialty distributor of semiconductor components based in San Jose, CA. AmpliTech has a 13+ year track record of developing high performance, custom solutions to meet the unique needs of some of the largest companies in the global industries we serve. We are proud of our focused team's unique skills, experience and dedication, which enables us to deliver superior solutions, faster time to market, competitive pricing, excellent customer satisfaction and repeat business. For more information, visit: www.amplitechgroup.com

 

 
1

 

 

About NGK Insulators Ltd.:

 

Established in 1919, NGK Electronic Devices. is a global leader in the field of ceramic semiconductor packages, providing innovative solutions to the semiconductor packaging industry. With a rich history of over a century, NGK has consistently demonstrated its ability to stay at the forefront of technological advancements, catering to the ever-evolving needs of the industry. As a pioneer in their field, NGK is committed to delivering high-quality products that address the challenges faced by its customers in heat management and electrical insulation.  To learn more about NGK and their innovative product offerings, please visit https://www.ngked.co.jp/en/

 

Safe Harbor Statement

 

This release contains statements that constitute forward-looking statements. These statements appear in several places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's ability to execute its business plan as anticipated; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy. The words "may" "would" "will" "expect" "estimate" "anticipate" "believe" "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements because of various factors. Other risks are identified and described in more detail in the “Risk Factors” section of the Company’s filings with the SEC, which are available on our website. We undertake no obligation to update, and we do not have a policy of updating or revising these forward-looking statements, except as required by applicable law.

 

Corporate Social Media

Investor Social Media

Twitter: @AmpliTechAMPG

Twitter: @AMPG_IR

Instagram: @AmpliTechAMPG

StockTwits: @AMPG_IR

Facebook: AmpliTechInc

 

 

 

Company Contact:

Investor Relations Contact:

Shan Sawant, Director of Communications

Kirin Smith, President

AmpliTech Group, Inc. 

PCG Advisory, Inc.

Investors@amplitechgroup.com

ksmith@pcgadvisory.com

www.pcgadvisory.com

 

 
2

 

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Cover
Apr. 17, 2023
Cover [Abstract]  
Entity Registrant Name AmpliTech Group, Inc.
Entity Central Index Key 0001518461
Document Type 8-K
Amendment Flag false
Entity Emerging Growth Company false
Document Period End Date Apr. 17, 2023
Entity Incorporation State Country Code NV
Entity Tax Identification Number 27-4566352
Written Communications false
Soliciting Material false
Pre Commencement Tender Offer false
Pre Commencement Issuer Tender Offer false
Entity File Number 001-40069
Entity Address Address Line 1 155 Plant Avenue
Entity Address City Or Town Hauppauge
Entity Address State Or Province NY
Entity Address Postal Zip Code 11788
City Area Code 631
Local Phone Number 521-7831
Security 12b Title Common Stock, par value $0.001 per share
Trading Symbol AMPG
Security Exchange Name NASDAQ
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