---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-21-028920"
form_type: "8-K"
ticker: "RFIL"
cik: "0000740664"
company_name: "R F INDUSTRIES LTD"
filed_at: "2021-12-20T23:59:59+00:00"
generated_at: "2026-06-27T23:54:33.470528+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# RF Industries acquires Microlab from Wireless Telecom Group for $24.25M cash

## Summary
- Purchase price $24.25M; financed with cash on hand and credit facility.
- Microlab generated ~$16M revenue and ~$3.7M EBITDA in 12 months ending 9/30/2021.
- Deal unanimously approved by both boards; closing expected in Q1 2022 subject to WTT shareholder vote.
- RFIL expects the acquisition to be immediately accretive with meaningful operating synergies.
- Seller (WTT) to pay $900K termination fee if it accepts a superior proposal.

## SEC filing metadata
- accession: 0001437749-21-028920
- form_type: 8-K
- ticker: RFIL
- cik: 0000740664
- company_name: R F INDUSTRIES LTD
- filed_at: 2021-12-20T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/740664/000143774921028920/0001437749-21-028920-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/740664/000143774921028920/rfil20211216_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-21-028920
- JSON: https://secwatch.observer/filing/0001437749-21-028920.json
- Plain text: https://secwatch.observer/filing/0001437749-21-028920.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.