other material
confidence high
sentiment positive
materiality 0.65
Guerrilla RF completes $9.2M private placement equity financing
Guerrilla RF, Inc.
- Gross proceeds $9.2M from ~7.1M units at $1.30/unit.
- Each unit: 1 share + warrant to buy 0.5 share at $2.00 for 5 years.
- Placement agents receive warrants for 1,064,871 shares at $1.30 for 5 years.
- Net proceeds after ~$1.1M expenses to fund working capital, R&D, growth.
- CEO Ryan Pratt cites strong demand; expansion into automotive, SATCOM, GPS, infrastructure.