Bohemia, New York-based AmpliTech Group, Inc. (OTC:AMPG) announced Thursday that it has engaged Maxim Group as its financial advisor to assist the Company in articulating its growth strategy to the investment community.
Thursday’s press release suggests this includes the development of new products and markets, organically grow the AMPG team/business in both the sales and engineering departments and to selectively consider further synergistic acquisitions.
Maxim Group’s mission is to help AMPG increasing its exposure to the investment community over the remainder of 2019 and into 2020, with an ultimate goal of a potential up-list and capital raise on NASDAQ by the end of 2020.
"The Company looks forward," the news release concludes, "to keeping its shareholders updated on its progress as it moves into this next phase in the Company’s growth trajectory."
AmpliTech designs, develops, and manufactures custom and standard state-of-the-art RF components for the Domestic and International, SATCOM, Space, Defense and Military markets. Its shares grew 1.06 cents, or 18.1%, to 6.942 cents, on volume of 79,000 shares.
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