Guerrilla RF secures up to $8M loan facility from Salem Investment Partners at 13% interest

Guerrilla RF, Inc.

Initial advance of $5M, with up to $3M additional at Salem's discretion over 12 months.
Interest at 13% per annum (11% cash, 2% paid-in-kind); 5-year term, due August 2027.
Loan secured by second-priority lien on substantially all assets; includes customary covenants.
Company issued Salem 150,000 shares of common stock; up to 150,000 more on additional advances.
Proceeds used to repay $150k EIDL loan plus accrued interest of $12k.

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