---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-020077"
form_type: "8-K"
ticker: "GUER"
cik: "0001832487"
company_name: "Guerrilla RF, Inc."
filed_at: "2023-07-18T23:59:59+00:00"
generated_at: "2026-06-13T07:12:36.247999+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Guerrilla RF issues $260K convertible notes at 8% interest; board members invest $130K

## Summary
- Aggregate principal of $260,000 in unsecured convertible notes issued to accredited investors; 8% simple interest.
- Directors Ryan Pratt and William J. Pratt invested $80K and $50K respectively; disinterested board approved.
- Notes automatically convert into next equity financing if gross proceeds ≥ $2M; conversion at lowest per-share price in that round.
- In a corporate transaction, holders can elect cash repayment with 20% premium or conversion at $6.00/share.
- Maturity December 31, 2024; notes are exempt from registration under Section 4(a)(2).

## SEC filing metadata
- accession: 0001437749-23-020077
- form_type: 8-K
- ticker: GUER
- cik: 0001832487
- company_name: Guerrilla RF, Inc.
- filed_at: 2023-07-18T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1832487/000143774923020077/0001437749-23-020077-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1832487/000143774923020077/guer20230713_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-020077
- JSON: https://secwatch.observer/filing/0001437749-23-020077.json
- Plain text: https://secwatch.observer/filing/0001437749-23-020077.txt

## Key facts
- Material Agreements
  Guerrilla RF, Inc. entered into Note Purchase Agreement with certain accredited investors valued at Aggregate principal amount of $260,000.00 of unsecured convertible promissory notes (effective 2023-07-12).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: certain accredited investors
  - Value: Aggregate principal amount of $260,000.00 of unsecured convertible promissory notes
  - Effective: 2023-07-12
  source text: On July 12, 2023, the Company entered into a Note Purchase Agreement (the “Purchase Agreement”) with certain accredited investors (collectively, the “Purchasers”) pursuant to which the Company issued unsecured convertible promissory notes (the “Convertible Notes”) in the aggregate principal amount of $260,000.00 (the “Private Placement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1832487/000143774923020077/0001437749-23-020077-index.htm

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