AMP Holding, Inc. (OTCBB:AMPD) announced a private placement of 1,250,000 common shares at $0.20 per share for gross proceeds of $250,000 on January 29, 2013. The company will also issue 625,000 warrants exercisable at $0.40 per share for three years. The warrants will expire in January 2016. The securities will be issued to accredited investors.

On the same day, the company issued 500,000 common shares for gross proceeds of $100,000 in first tranche. The company also issued a promissory note for gross proceeds of $100,000. The note carries interest rate of 10% per annum and matures on January 29, 2014.

On March 13, 2013, the company issued 17,925,000 shares and 8,962,500 warrants for proceeds of $3,585,000. The company has issued total of 18,425,000 shares and 9,212,500 warrants for proceeds of $3,835,000. The company has raised a total of $3,935,000 in the transaction. The company has received $3,585,000 with a minimum amount of investment from any outside investor of $25,000 from 19 investors pursuant to exemption provided under Regulation D.