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Guerrilla RF Announces Closing of $22.0 Million Private Placement

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Guerrilla RF, Inc. (OTCQX: GUER), a leading provider of RF and microwave semiconductors, has successfully closed a $22.0 million private placement with a single institutional investor. This significant capital injection is expected to strengthen the company's balance sheet and fund the advancement of its growth plan. CEO and Founder Ryan Pratt expressed confidence that this investment provides Guerrilla RF with the necessary resources to drive substantial growth. The transaction details were disclosed in a Form 8-K filing, highlighting the company's commitment to transparency and regulatory compliance. This strategic move aligns with the interests of existing shareholders and positions Guerrilla RF for potential expansion in the competitive semiconductor market.

Guerrilla RF, Inc. (OTCQX: GUER), un fornitore leader di semiconduttori RF e a microonde, ha concluso con successo un collocamento privato di 22,0 milioni di dollari con un singolo investitore istituzionale. Questo significativo afflusso di capitale è previsto per rafforzare il bilancio dell'azienda e finanziare l'avanzamento del suo piano di crescita. Il CEO e fondatore Ryan Pratt ha espresso fiducia nel fatto che questo investimento fornisca a Guerrilla RF le risorse necessarie per portare a una crescita sostanziale. I dettagli della transazione sono stati divulgati in una comunicazione Form 8-K, evidenziando l'impegno dell'azienda per la trasparenza e la conformità normativa. Questa mossa strategica è in linea con gli interessi degli azionisti esistenti e posiziona Guerrilla RF per una potenziale espansione nel competitivo mercato dei semiconduttori.

Guerrilla RF, Inc. (OTCQX: GUER), un proveedor líder de semiconductores de RF y microondas, ha cerrado con éxito un colocación privada de 22,0 millones de dólares con un único inversor institucional. Este importante aporte de capital se espera que fortalezca el balance de la empresa y financie el avance de su plan de crecimiento. El CEO y fundador Ryan Pratt expresó confianza en que esta inversión proporciona a Guerrilla RF los recursos necesarios para impulsar un crecimiento sustancial. Los detalles de la transacción se divulgaron en una presentación Form 8-K, destacando el compromiso de la empresa con la transparencia y el cumplimiento normativo. Este movimiento estratégico está alineado con los intereses de los accionistas existentes y posiciona a Guerrilla RF para una posible expansión en el competitivo mercado de semiconductores.

Guerrilla RF, Inc. (OTCQX: GUER)는 RF 및 마이크로웨이브 반도체의 주요 공급업체로, 단일 기관 투자자와 함께 2200만 달러의 사모 배치를 성공적으로 마감했습니다. 이 중요한 자본 투입은 회사의 재무 상태를 강화하고 성장 계획의 발전을 위한 자금을 지원할 것으로 예상됩니다. CEO이자 창립자 Ryan Pratt는 이 투자가 Guerrilla RF에 상당한 성장을 추진할 수 있는 필수 자원을 제공한다고 확신했습니다. 거래 세부 사항은 Form 8-K 제출에서 공개되어 회사의 투명성과 규제 준수에 대한 약속을 강조했습니다. 이 전략적 움직임은 기존 주주의 이익에 부합하며 Guerrilla RF를 반도체 시장의 경쟁에서 잠재적 확장을 위한 위치에 놓이게 합니다.

Guerrilla RF, Inc. (OTCQX: GUER), un fournisseur de premier plan de semiconducteurs RF et micro-ondes, a réussi à finaliser un placement privé de 22,0 millions de dollars avec un seul investisseur institutionnel. Cet apport de capital significatif devrait renforcer le bilan de l'entreprise et financer l'avancement de son plan de croissance. Le PDG et fondateur Ryan Pratt a exprimé sa confiance dans le fait que cet investissement procure à Guerrilla RF les ressources nécessaires pour stimuler une croissance substantielle. Les détails de la transaction ont été divulgués dans une déclaration Form 8-K, soulignant l'engagement de l'entreprise envers la transparence et la conformité réglementaire. Ce mouvement stratégique est aligné avec les intérêts des actionnaires existants et positionne Guerrilla RF pour une expansion potentielle sur le marché concurrentiel des semi-conducteurs.

Guerrilla RF, Inc. (OTCQX: GUER), ein führender Anbieter von RF- und Mikrowellen-Halbleitern, hat erfolgreich eine Privatplatzierung in Höhe von 22,0 Millionen US-Dollar mit einem einzelnen institutionellen Anleger abgeschlossen. Diese bedeutende Kapitalzufuhr soll die Bilanz des Unternehmens stärken und die Weiterentwicklung des Wachstumsplans finanzieren. CEO und Gründer Ryan Pratt äußerte die Zuversicht, dass diese Investition Guerrilla RF die notwendigen Ressourcen für ein substantielles Wachstum bietet. Die Transaktionsdetails wurden in einer Form 8-K-Offenlegung veröffentlicht, die das Engagement des Unternehmens für Transparenz und regulatorische Compliance hervorhebt. Diese strategische Maßnahme ist im Interesse der bestehenden Aktionäre und positioniert Guerrilla RF für eine mögliche Expansion auf dem wettbewerbsintensiven Halbleitermarkt.

Positive
  • Secured $22.0 million in gross proceeds through private placement
  • Strengthened company balance sheet
  • Funds allocated for advancing growth plan
  • Single institutional investor shows confidence in the company
Negative
  • None.
  • Capital Funds Advancement of Growth Plan
  • Transaction Significantly Strengthens Company Balance Sheet

GREENSBORO, N.C.--(BUSINESS WIRE)-- Guerrilla RF, Inc. (OTCQX: GUER), a leading provider of state-of-the-art RF and microwave semiconductors, today announced the closing of a private placement with a single institutional investor generating gross proceeds of $22.0 million, as described more fully in a Form 8-K filed today.

Guerrilla RF, Inc. (OTCQX: GUER) today announced the closing of a private placement with a single institutional investor generating gross proceeds of <money>$22.0 million</money>. (Graphic: Business Wire)

Guerrilla RF, Inc. (OTCQX: GUER) today announced the closing of a private placement with a single institutional investor generating gross proceeds of $22.0 million. (Graphic: Business Wire)

“With this investment, I believe that Guerrilla RF has the necessary resources to drive significant growth,” said Ryan Pratt, CEO and Founder. “We are excited by the alignment of this investment with those of our existing shareholders.”

About Guerrilla RF, Inc.

Founded in 2013, Guerrilla RF, Inc., develops and manufactures high-performance, state-of-the-art radio frequency (RF) and microwave semiconductors for wireless OEMs in multiple high-growth market segments, including network infrastructure for 5G/4G macro and small cell base stations, SATCOM, 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. The Company has shipped over 200 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 www.sec.gov. 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.

Sam Funchess, VP of Corporate Development

ir@guerrilla-rf.com

+1 336 510 7840

Source: Guerrilla RF, Inc.

FAQ

What was the amount raised by Guerrilla RF (GUER) in its recent private placement?

Guerrilla RF (GUER) raised $22.0 million in gross proceeds through a private placement with a single institutional investor.

How does the $22.0 million private placement impact Guerrilla RF's (GUER) financial position?

The $22.0 million private placement significantly strengthens Guerrilla RF's (GUER) balance sheet and provides necessary resources to fund the company's growth plan.

Who was the investor in Guerrilla RF's (GUER) recent $22.0 million private placement?

The $22.0 million private placement was conducted with a single institutional investor, though the specific identity was not disclosed in the press release.

What does Guerrilla RF (GUER) plan to do with the funds from the $22.0 million private placement?

Guerrilla RF (GUER) plans to use the funds from the $22.0 million private placement to advance its growth plan and drive significant growth in the company.

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