{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-025392","form_type":"8-K","ticker":"GUER","cik":"0001832487","company_name":"Guerrilla RF, Inc.","filed_at":"2023-09-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.578851+00:00","generated_at":"2026-06-10T22:59:49.120074+00:00","sec_items":["1.01","2.03","3.02","5.02","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Guerrilla RF draws $1.75M new debt at 14% PIK; management takes 20% pay cut; secures first SATCOM PO","bullets":["Amended loan with Salem: $4M additional available, $1.75M drawn at 14% PIK, 660k shares issued as partial consideration.","Entire management team (CEO, CFO, COO, CBO) voluntarily reduce salaries by 20% effective Sept 4, 2023.","First production PO from Tier 1 SATCOM company for $360K; expects 2024 SATCOM gross revenue to exceed $1M.","Expects H2 2023 gross revenue to exceed $7M (H1 2023 revenue) due to SATCOM order and design wins.","Inventory levels normalized; no material excess inventory, unlike other industry providers."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-025392","json":"https://secwatch.observer/filing/0001437749-23-025392.json","markdown":"https://secwatch.observer/filing/0001437749-23-025392.md","text":"https://secwatch.observer/filing/0001437749-23-025392.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1832487/000143774923025392/0001437749-23-025392-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1832487/000143774923025392/guer20230830_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T22:59:49.120074+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1a155273451ffdb7506ca349d4d3843d62ec6841","claim":"Guerrilla RF, Inc. incurred credit facility of up to $4.0 million with Salem Investment Partners V, Limited Partnership at 14.0% per annum maturing April 30, 2024.","evidence_excerpt":"an amended and restated loan agreement (the “Agreement”) with Salem Investment Partners V, Limited Partnership (“Salem”) in order to provide for additional advances of up to $4.0 million (the “Additional Advances”) to be made under the existing loan facility. On September 6, 2023, the Company drew down $1.75 million of the Additional Advances, leaving up to","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1832487/000143774923025392/0001437749-23-025392-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"up to $4.0 million"},{"label":"Counterparty","value":"Salem Investment Partners V, Limited Partnership"},{"label":"Rate","value":"14.0% per annum"},{"label":"Maturity","value":"April 30, 2024"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"cfe0cf53605a498724aa87c6d76733a7aa917581","claim":"Guerrilla RF, Inc. amended Agreement with Salem Investment Partners V, Limited Partnership valued at up to $4.0 million (effective 2023-09-05).","evidence_excerpt":"On September 5, 2023, Guerrilla RF, Inc. (the \"Company\") entered into an amended and restated loan agreement (the \"Agreement\") with Salem Investment Partners V, Limited Partnership (\"Salem\") in order to provide for additional advances of up to $4.0 million","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1832487/000143774923025392/0001437749-23-025392-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Salem Investment Partners V, Limited Partnership"},{"label":"Value","value":"up to $4.0 million"},{"label":"Effective","value":"2023-09-05"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}