Guerrilla RF enacts 1-for-6 reverse stock split to satisfy stock price for national exchange uplisting

Guerrilla RF, Inc.

Reverse split effective 12:01 a.m. ET on April 17, 2023; every 6 shares become 1 share.
Temporary trading symbol GUERD on OTCQX until uplisting to a national exchange is completed.
Split approved by board and shareholders on April 5, 2023; intended to meet initial listing price requirement.
Fractional shares rounded up; authorized shares remain 300M; par value unchanged.
Uplisting expected to improve access to capital, liquidity, and brand visibility, per VP Funchess.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Guerrilla RF, Inc.: Filed Certificate of Amendment to effect 1-for-6 reverse stock split of Common Stock (effective 2023-04-17).

Change: charter amendment
Effective: 2023-04-17

Exact text from the filing

On April 14, 2023, the Company filed a Certificate of Amendment (the “Certificate of Amendment”) to its Certificate of Incorporation with the Secretary of State of the State of Delaware to effect a 1-for-6 reverse stock split of the shares of the Common Stock (the “Reverse Stock Split”).

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Guerrilla RF, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-23-010322

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