secwatch.observer — SEC 8-K summary
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Issuer:     R F INDUSTRIES LTD (RFIL)
CIK:        0000740664
Form:       8-K
Filed at:   2021-12-20T23:59:59+00:00
Accession:  0001437749-21-028920
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/740664/000143774921028920/0001437749-21-028920-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/740664/000143774921028920/rfil20211216_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-028920

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