debt
confidence high
sentiment positive
materiality 0.80
Guerrilla RF cuts debt from $12M to $4.5M, extends maturity, lowers rate to 12%
Guerrilla RF, Inc.
- Principal paid down from $12.0M to $4.5M, including full Junior Tranche repayment and $2M Senior Tranche prepayment.
- Maturity extended from Jan 31, 2026 to Dec 31, 2028.
- Interest rate reduced from 14% (3% PIK + 11% cash) to 12% all cash.
- Amendment consented to up to $22M preferred share and warrant offering to fund the paydown.
- Borrower represented no Event of Default continuing as of the amendment date.