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