---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-004964"
form_type: "8-K"
ticker: "RFIL"
cik: "0000740664"
company_name: "R F INDUSTRIES LTD"
filed_at: "2022-03-02T23:59:59+00:00"
generated_at: "2026-06-27T02:39:19.896696+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# RF Industries closes $24.25M Microlab acquisition, funded by $17M term loan and cash

## Summary
- Completed purchase of Microlab (RF components business of Wireless Telecom Group) for $24.25M in cash; funded via $17M term loan and cash on hand.
- Microlab had unaudited revenue of $16M and adjusted EBITDA of $3.7M for twelve months ended Sep 30, 2021.
- Acquisition expected to be immediately accretive to stand-alone financials; largest acquisition in RFIL history.
- Entered $3M revolver (due 2024) and $17M term loan (due 2027) with Bank of America; term loan bears 3.76% fixed rate.

## SEC filing metadata
- accession: 0001437749-22-004964
- form_type: 8-K
- ticker: RFIL
- cik: 0000740664
- company_name: R F INDUSTRIES LTD
- filed_at: 2022-03-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/740664/000143774922004964/0001437749-22-004964-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/740664/000143774922004964/rfil20220301_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-004964
- JSON: https://secwatch.observer/filing/0001437749-22-004964.json
- Plain text: https://secwatch.observer/filing/0001437749-22-004964.txt

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