Brief: Amplitech To Acquire Spectrum Semiconductor Materials Inc

Amplitech

19/11/2021 19:25

Nov 19 (Reuters) - Amplitech Group Inc  AMPG.O :
    * AMPLITECH GROUP INC - HAS EXECUTED A DEFINITIVE AGREEMENT
TO
ACQUIRE ASSETS AND OPERATIONS OF SPECTRUM SEMICONDUCTOR
MATERIALS INC
    * AMPLITECH - DEAL FOR $8 MILLION CASH PLUS $1.5 MILLION TO
BE
HELD IN ESCROW THROUGH DECEMBER 2022, PLUS GRANT OF 188,442
RESTRICTED SHARES OF CO'S COMMON STOCK

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