secwatch.observer — SEC 8-K summary
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Issuer:     Guerrilla RF, Inc. (GUER)
CIK:        0001832487
Form:       8-K
Filed at:   2024-04-01T23:59:59+00:00
Accession:  0001437749-24-010174
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Guerrilla RF completes $5.0M private placement, extends debt facility maturity to Jan 2026
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- Sold ~2M shares and warrants at $2.50/unit; net proceeds ~$2.9M after fees; converted $1.5M debt to equity.
- Extended $12M loan maturity from Apr 2024 to Jan 2026; interest adjusted to 3% PIK and 11% cash.
- Executives/directors agreed to 60-day lock-up after registration statement becomes effective.
- Placement agent Benchmark Company received ~$330k fee; 11 accredited investors participated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1832487/000143774924010174/0001437749-24-010174-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1832487/000143774924010174/guer20240327_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-010174

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer