Amplitech group received nasdaq notification of non-compliance with listing rules 5550(a)(2)

Hauppauge, n.y., sept. 30, 2024 (globe newswire) -- amplitech group, inc. (nasdaq: ampg, ampgw) (the “company”), a designer, developer, and manufacturer of state-of-the-art signal processing components for satellite, public and private 5g, and other communications networks, including the design of complete 5g/6g systems and a global distributor of packages and lids for integrated circuits assembly, received a notice (the “notice”) from the nasdaq stock market llc indicating that the company is not in compliance with the minimum bid price requirement of $1.00 per share under the nasdaq listing rules (the “listing rules”).
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