SEC Form SC 13G filed by Amplitech Group Inc.

9/12/24 4:03:24 PM ET

Telecommunications Equipment

Telecommunications

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SC 13G 1 r13g091224ampg_80chars.txt AMPG 13G ________________________________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. ___________)* Amplitech Group, Inc. ________________________________________ (Name of Issuer) Common and Warrants ________________________________________ (Title of Class of Securities) 03211Q200 ________________________________________ (CUSIP Number) September 12, 2024 ________________________________________ (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ x ] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 03211Q200 ________________________________________ ----------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Bard Associates, Inc. 36-3452497 ------------------------------------------------------------------------------ 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) / / (b) / / -------------------------------------------------------------------------------- 3. SEC Use Only -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Illinois -------------------------------------------------------------------------------- Number of 5. Sole Voting Power Shares Beneficially 146,828 (Based on 132,883 Common Shares and 13,945 Warrants ) Owned by --------------------------------------------- Each Reporting 6. Shared Voting Power Person with 0 --------------------------------------------- 7. Sole Dispositive Power 146,828 (Based on 132,883 Common Shares and 13,945 Warrants) --------------------------------------------- 8. Shared Dispositive Power 1,927,611 (Based on 1,856,491 Common Shares and 71,120 Warrants) --------------------------------------------- ---------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 2,074,439 (Based on 1,989,374 Common Shares and 85,065 Warrants) ---------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) / / ----------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 18.6% ----------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) IA ----------------------------------------------------------------------------- ITEM 1. (a) Name of Issuer Amplitech Group, Inc. ----------------------------------------------------------------------------- (b) Address of Issuer's Principal Executive Offices 155 Plant Avenue Hauppauge, NY 11788 ------------------------------------------------------------------------------ ITEM 2. (a) Name of Person Filing Bard Associates, Inc. ----------------------------------------------------------------------------- (b) Address of Principal Business Office or, if none, Residence 135 South LaSalle Street, Suite 3700 Chicago, IL 60603 ----------------------------------------------------------------------------- (c) Citizenship United States ----------------------------------------------------------------------------- (d) Title of Class of Securities Common and Warrants ------------------------------------------------------------------------------ (e) CUSIP Number 03211Q200 ------------------------------------------------------------------------------ ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SECTIONS 240.13d-1(b) or 240.13d-2(b) or (c), CHECK WHETHER THE PERSON FILING IS A: (a) / / Broker or dealer registered under section 15 of The Act (15 U.S.C. 78o). (b) / / Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) / / Insurance company as deined in section 3(a)(19) Of the Act (15. U.S.C. 78c). (d) / / Investment company registered under section 8 of The Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) / x / An investment adviser in accordance with Section 240.13d-1(b)(1)(ii)(E); (f) / / An employee benefit plan or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F); (g) / / A parent holding company or control person in accordance with Section 240.13d-1(b)(1)(1)(ii)(G); (h) / / A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) / / A church plan that is excluded from the definition of an Investment company under section 3(c)(14) of the Investment Company Act of 1940 (15. U.S.C. 80a-3); (j) / / Group, in accordance with Section 240.13d-1(b)(1)(ii)(J). ------------------------------------------------------- ITEM 4. OWNERSHIP The information reported below in the Item 4(a) is as of September 12, 2024, consisting of 2,074,439 (Based on 1,989,374 Common Shares and 85,065 Warrants) shares. The percentage set forth in Item 4(b) is calculated based on 11,174,126 shares outstanding, comprised of 9,719,613 shares of the Issuer's Common Stock outstanding as reported in the Issuer's 10-Q for the period June 30,2024 (filed August 14,2024) plus the issuance of 1,369,488 shares as reported in the Issuer's 8-K (filed September 10, 2024) plus the assumption of 85,065 exercised warrants. (a) Amount beneficially owned: 2,074,439 (Based on 1,989,374 Common Shares and 85,065 Warrants) (b) Percent of Class 18.6% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote 146,828 (Based on 132,883 Common Shares and 13,945 Warrants) ---------------------------------------------------- (ii) Shared power to vote or to direct the vote 0 ------------------------------------------------------ (iii) Sole power to dispose or to direct the disposition of 146,828 (Based on 132,883 Common Shares and 13,945 Warrants) ------------------------------------------------ (iv) Shared power to dispose or to direct the disposition of 1,927,611 (Based on 1,856,491 Common Shares and 71,120 Warrants) --------------------------------------------------------- ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS If this statement is being filed to report the fact that as of the date hereof The reporting person has ceased to be the beneficial owner of more than five Percent of the class of securities, check the following / /. ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL PERSON ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP ITEM 9. NOTICE OF DISSOLUTION OF GROUP ITEM 10.CERTIFICATION By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. September 12, 2024 ------------------------------------------- Date /s/ Michael Y. Demaray ---------------------------------------------- Signature Michael Y. Demaray/ President ----------------------------------------------------- Name/Title

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Date

Price Target

Rating

Analyst

2/25/2022

$5.00

Buy

Small Cap Consumer Research

7/28/2021

$10.00

Buy

Maxim Group

SEC Form SC 13G filed by Amplitech Group Inc.

9/12/24 4:03:24 PM ET

$AMPG

Telecommunications Equipment

Telecommunications

Get the next $AMPG alert in real time by email

Date

Price Target

Rating

Analyst

2/25/2022

$5.00

Buy

Small Cap Consumer Research

7/28/2021

$10.00

Buy

Maxim Group

SEC Form SC 13G filed by Amplitech Group Inc.

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SEC Form SC 13G filed by Amplitech Group Inc.

Crush Q1 2026 with the Best AI Superconnector

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Press Releases

AmpliTech Group Announces Successful Rights Offering at $4 Per Unit, Over-subscriptions Received

AmpliTech Achieves Major Milestone in 5G Innovation: First and only U.S. Company to Validate High-Capacity 64T64R CAT-B Massive MIMO Radios in Global Open RAN Testing with G-REIGN (HTC) And Digital Catapult SONIC Labs

AmpliTech Group Subscription Period Ends December 10

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Insider Purchases

Director Mazziota Daniel Richard bought $14,314 worth of shares (7,157 units at $2.00), increasing direct ownership by 3% to 247,900 units (SEC Form 4)

Director Mazziota Daniel Richard bought $6,950 worth of shares (5,000 units at $1.39), increasing direct ownership by 2% to 240,743 units (SEC Form 4)

Chief Operating Officer Flores Jorge Luis bought $3,764 worth of shares (5,000 units at $0.75), increasing direct ownership by 25% to 25,000 units (SEC Form 4)

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Analyst Ratings

Small Cap Consumer Research initiated coverage on AmpliTech Gr with a new price target

Maxim Group initiated coverage on AmpliTech Gr with a new price target

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Insider Trading

Director Mazziota Daniel Richard bought $14,314 worth of shares (7,157 units at $2.00), increasing direct ownership by 3% to 247,900 units (SEC Form 4)

Director Mazziota Daniel Richard bought $6,950 worth of shares (5,000 units at $1.39), increasing direct ownership by 2% to 240,743 units (SEC Form 4)

SEC Form 3 filed by new insider Modi Shailesh

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SEC Filings

Amplitech Group Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

SEC Form FWP filed by Amplitech Group Inc.

SEC Form 424B3 filed by Amplitech Group Inc.

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Leadership Updates

AmpliTech Group Appoints Aamir Sultan to Its Board of Advisors to Support Strategic Growth Across Government and Engineering Sectors

AmpliTech Group Announces Appointment Of Shailesh "Sonny" Modi To Its Board Of Directors

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Large Ownership Changes