debt
confidence high
sentiment positive
materiality 0.60
Guerrilla RF extends loan term by 12 months, revises repayment schedule to $200k-$1.3M through 2029
Guerrilla RF, Inc.
- Amendment No. 3 with Salem extends maturity and adjusts principal payments: $200k (2026), $1.5M (2027), $1.5M (2028), $1.3M (2029).
- Lender receives a 1% fee ($45,000) at loan maturity.
- Salem cited improved operating performance and strategic progress as basis for the amendment.
- No default exists; all representations and warranties reaffirmed as of the effective date.