secwatch.observer — SEC 8-K summary
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Issuer:     Guerrilla RF, Inc. (GUER)
CIK:        0001832487
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0001437749-24-024724
Event type: debt
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Guerrilla RF cuts debt from $12M to $4.5M, extends maturity, lowers rate to 12%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1832487/000143774924024724/0001437749-24-024724-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1832487/000143774924024724/guer20240805_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-024724

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