AmpliTech Group, Inc. announced that its previously listed warrants expired in accordance with their original terms at 5:00 p.m. Eastern Time on February 19, 2026. Trading in the warrants, which traded under the Nasdaq symbol AMPGW, ceased at the close of market on February 18, 2026, after which they were removed from listing on the exchange. The company reported that prior to expiration, there were 1,371,428 warrants outstanding, with each warrant granting the holder the right to purchase one share of common stock at $7.00 per share.
Any AMPGW warrants that remained unexercised at expiration were voided and are of no further value. This expiration occurs automatically under the warrant agreement and does not require any action from warrant holders. As a result, the company no longer has to maintain a reserve of shares corresponding to these warrants. The expiration has no impact on AmpliTech Group's common stock, Series A Right, and Series B Right, which continue to trade on Nasdaq under the symbols AMPG, AMPGR, and AMPGZ, respectively.
For investors and market observers, this development represents a routine corporate action with specific financial implications. The expiration of these warrants reduces the potential dilution of existing shares, as 1.37 million potential shares have been removed from the company's future issuance obligations. This can be viewed positively by current shareholders concerned about share dilution, as the company's fully diluted share count is now lower than it would have been if all warrants had been exercised. The $7.00 exercise price represented a specific valuation point, and with the warrants now expired, that particular price threshold is no longer relevant to the company's capital structure.
From a corporate governance perspective, the automatic expiration under the original warrant terms demonstrates the predictable execution of pre-established financial instruments. Companies often issue warrants as part of financing packages or corporate actions, and their expiration according to schedule provides transparency to the investment community. For AmpliTech Group, this event concludes a specific chapter in its capital markets history while allowing the company to focus on its core business operations without the administrative overhead associated with maintaining these warrants.
The broader market context is important for understanding this announcement's significance. AmpliTech Group operates in competitive technology sectors including radio frequency microwave components and ORAN 5G network solutions, serving global markets in satellite communications, telecommunications, space exploration, defense, and quantum computing. As detailed in the company's public filings available through the SEC at https://www.sec.gov, maintaining a clear and predictable capital structure is essential for technology companies competing in these capital-intensive fields. The warrant expiration simplifies the company's equity structure at a time when many technology firms are navigating complex financial markets.
For those following the company's developments, additional information is available in the company's newsroom at https://tinyurl.com/ampgnewsroom. The expiration of these warrants represents a normal corporate lifecycle event that aligns with standard market practices for publicly traded companies managing their equity instruments over time.
