# EDGAR Filing Document

**Accession Number:** 0001832487
**File Stem:** 0001437749-23-005051
**Filing Date:** 2023-3
**Character Count:** 10790
**Document Hash:** 4b491858134e2e6cf81c877b023966ed
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001437749-23-005051.hdr.sgml**: 20230301

**ACCESSION NUMBER**: 0001437749-23-005051

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 15

**CONFORMED PERIOD OF REPORT**: 20230228

**ITEM INFORMATION**: Entry into a Material Definitive Agreement

**ITEM INFORMATION**: Unregistered Sales of Equity Securities

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230301

**DATE AS OF CHANGE**: 20230301

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Guerrilla RF, Inc.
- **CENTRAL INDEX KEY:** 0001832487
- **STANDARD INDUSTRIAL CLASSIFICATION:** SEMICONDUCTORS & RELATED DEVICES [3674]
- **IRS NUMBER:** 853837067
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-56238
- **FILM NUMBER:** 23691874

**BUSINESS ADDRESS:**
- **STREET 1:** 2000 PISGAH CHURCH ROAD
- **CITY:** GREENSBORO
- **STATE:** NC
- **ZIP:** 27455
- **BUSINESS PHONE:** 3365107840

**MAIL ADDRESS:**
- **STREET 1:** 2000 PISGAH CHURCH ROAD
- **CITY:** GREENSBORO
- **STATE:** NC
- **ZIP:** 27455

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Laffin Acquisition Corp.
- **DATE OF NAME CHANGE:** 20201116

guer20230228_8k.htm

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM **8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

**Date of Report (Date of earliest event reported): **February **28, **2023**

**GUERRILLA RF, INC.**

(Exact name of Registrant as specified in its charter)

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| | | |
|:---|:---|:---|
| **Delaware** | **000-56238** | **85-3837067** |
| (State or other jurisdiction of<br> incorporation or organization) | (Commission File Number) | (IRS Employer<br> Identification No.) |

---

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| | |
|:---|:---|
| **2000 Pisgah Church Road**<br> **Greensboro**, **NC** | **27455** |
| **(Address of principal executive offices)** | **(Zip Code)** |

---

**(**336**) **510-7840**

**(Registrant**'**s telephone number, including area code)**

**N/A**

**(Former name or former address, if changed since last report)**

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

**Securities registered pursuant to Section 12(b) of the Act: None.**

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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**ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.**

On February 28, 2023, Guerrilla RF, Inc. (the "Company") completed its private placement (the "Offering"), the terms of which were previously disclosed in the Current Report on Form 8-K filed by the Company on January 3, 2023.

On March 1, 2023, the Company issued a press release announcing the completion of the Offering. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference. The Offering resulted in aggregate gross proceeds of approximately $9.2 million before the deduction of estimated Offering expenses of approximately $1.1 million.

Laidlaw & Company (UK), Ltd. served as the exclusive placement agent and GP Nurmenkari, Inc. served as a selected dealer for the Offering (collectively, the "Placement Agents"). In addition to aggregate cash fees of approximately $920,000, representing 10% of the aggregate gross proceeds of the Offering, the Placement Agents will also receive warrants (the "Placement Agent Warrants") to purchase an aggregate of 1,064,871 shares of common stock. The Placement Agent Warrants are exercisable for a period of five years and have an exercise price of $1.30 per share.

The securities sold in the Offering have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), but were offered and sold pursuant to an exemption from registration provided by Section 4(a)(2) of the Securities Act and Rule 506 of Regulation D promulgated thereunder.

**ITEM 3.02. UNREGISTERED SALES OF EQUITY SECURITIES.**

Reference is made to Item 1.01, which is incorporated herein by reference.

**ITEM 8.01. OTHER EVENTS.**

On March 1, 2023, the Company issued a press release announcing the completion of the Offering. A copy of the press release is attached hereto as Exhibit 99.1.

**ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.**

(d) Exhibits

**EXHIBIT INDEX**

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| | |
|:---|:---|
| **Exhibit Number** | **Description** |
| 99.1 | [Press Release, dated March 1, 2023, furnished herewith.](ex_481796.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

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**SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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| | | |
|:---|:---|:---|
|  | **GUERRILLA RF, INC.** | **GUERRILLA RF, INC.** |
| Date: March 01, 2023 | By: | */s/ Ryan Pratt* |
|  |  | Ryan Pratt |
|  |  | Chief Executive Officer |

---

## Exhibit 99.1

**Exhibit 99.1**

![a01.jpg](a01.jpg)

**Guerrilla RF Completes Final Closing of $9.2 Million Private Placement Equity Financing**

***Company completes final close of previously announced private placement equity financing; total gross proceeds of $9.2 million***

**GREENSBORO, NC**—**March 1, 2023**—Guerrilla RF, Inc. (OTCQX: GUER), a leading provider of state-of-the-art RF and microwave communications solutions, today announced that it has completed its previously announced private placement equity financing, selling approximately 7.1 million units to accredited investors, each unit comprising one share of the Company's common stock and one warrant to purchase one half (0.5) of a share of common stock -- for $1.30 per unit. The warrants have an exercise price of $2.00 per share and a term of five years. The private placement has resulted in aggregate gross proceeds of approximately $9.2 million.

"The funds will provide the resources needed to support our working capital, expand our R&D initiatives and accelerate our growth through new market penetration, expand our product offerings, and capitalize on our strong competitive position," said Ryan Pratt, Founder and Chief Executive Officer of Guerrilla RF.

"These investments in our expanded design center, lab space, and R&D initiatives are expected to translate into future revenue. The strong investor demand is a positive indicator of confidence in our team's ability to expand into different markets spanning automotive to SATCOM, GPS, and infrastructure-related projects."

Laidlaw & Company (UK), Ltd. served as the placement agent for the offering. GP Nurmenkari, Inc. (as consulted by Intuitive Venture Partners), served as a selected dealer and Brooks, Pierce, McLendon, Humphrey & Leonard, LLP served as legal counsel for the Company.

This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, nor shall there be any sale of securities in any state in which such offer, solicitation, or sale would be unlawful prior to the registration or qualification under the securities laws of such state.

**About Guerrilla RF, Inc.**

Founded in 2013, Guerrilla RF, Inc., develops and manufactures high-performance state-of-the-art radiofrequency (RF) and microwave communication solutions for wireless OEMs in multiple high-growth market segments, which include network infrastructure for 5G/4G macro and small cell base stations, cellular repeaters/DAS, automotive telematics, military communications, navigation, and high-fidelity wireless audio. The Company has an extensive portfolio of 100+ high-performance RF and microwave semiconductor devices with 50+ new products in development. As one of the fastest-growing semiconductor firms in the industry, Guerrilla RF drives innovation through its R&D to commercialization initiatives and focuses on product excellence and custom solutions to underserved markets. To date, the Company has shipped over 150 million devices and has repeatedly been included in Inc. Magazine's annual "Inc. 5000" list. Guerrilla RF recently made the top "Inc. 500" list for the second year in a row. For more information, please visit https://guerrilla-rf.com or follow the Company on Twitter and LinkedIn.

**Forward-Looking Statements**

This press release may contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995, which statements are inherently subject to risks and uncertainties. Forward-looking statements include projections, predictions, expectations, or beliefs about future events or results or otherwise are not statements of historical fact. Such statements are often characterized by the use of qualifying words (and their derivatives) such as "expect," "believe," "estimate," "plan," "project," "anticipate," or other statements concerning opinions or judgments of the Company and its management about future events. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties, and assumptions that are difficult or impossible to predict and, in some cases, beyond the Company's control. Actual results may differ materially from those in the forward-looking statements as a result of several factors, including those described in the Company's filings with the SEC available at <u>www.sec.gov</u>. Forward-looking statements speak only as of the date they are made. The Company undertakes no obligation to revise or update information in this release to reflect events or circumstances in the future, even if new information becomes available.

**Contact:**

Sam Funchess, VP of Investor Relations

sfunchess@guerrilla-rf.com

+1 336 510 7840