Guerrilla RF Common Stock Begins Trading

Rhea-AI Summary

Guerrilla RF, Inc. (OTCQX: GUER) announced the commencement of trading of its common stock on the OTCQX Best Market as of July 28, 2022. This milestone is expected to enhance liquidity and attract new investors. Founded in 2013 and based in Greensboro, NC, the company specializes in high-performance MMICs, with a diverse product portfolio catering to various sectors, including 5G and automotive telematics. Guerrilla RF has achieved significant recognition, having shipped over 100 million devices and being named in the Inc. 5000 list multiple times.

Positive

• Commencement of trading on OTCQX expected to improve stock liquidity.
• Established reputation with over 100 million devices shipped.
• Diverse product offerings for various high-demand sectors including 5G.

Negative

• None.

GREENSBORO, N.C.--(BUSINESS WIRE)-- Guerrilla RF, Inc. (OTCQX: GUER), a fabless semiconductor company focused on high-performance MMICs for the wireless and infrastructure market, today announced that its common stock began trading on the OTCQX® Best Market on July 28, 2022, under the ticker “GUER.”

Guerrilla RF announced they began trading publicly on the OTCQX Best Market (OTCQX: GUER) on July 28, 2022. (Graphic: Business Wire)

“We are pleased to report trading of our stock commenced on July 28, 2022,” said Ryan Pratt, Founder, and CEO. “This is an important milestone for Guerrilla RF as we seek to develop a liquid market for Guerrilla RF stock and welcome new investors to participate in our story.”

About Guerrilla RF, Inc.

Founded in 2013 and based in Greensboro, NC, Guerrilla RF develops and manufactures high-performance monolithic microwave integrated circuits (MMICs) to wireless OEMs in multiple market segments – including 5G/4G macro and small cell base stations, cellular repeaters/DAS, automotive telematics such as SDARS/V2X/GPS/DAB, mission-critical military communications, navigation, and high-fidelity wireless audio. Guerrilla RF has an extensive portfolio of over 100 high-performance radio frequency (RF) and microwave semiconductor devices. The existing product line includes ultra-low noise amplifiers, gain blocks, driver amplifiers, mixers, RF switches, and linear PAs (power amplifiers) – the critical building blocks for mission-critical, performance-driven wireless applications, including 5G wireless infrastructure, cellular repeaters/boosters, and automotive telematics. To date, the Company has shipped over 100 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, coming in at No. 421 and 489 for the 2020 and 2021 rankings, respectively. 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 a number of 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220804005856/en/

Sam Funchess, Vice President of Investor Relations

sfunchess@guerrilla-rf.com

+1 336 510 7840

Source: Guerrilla RF, Inc.

FAQ

When did Guerrilla RF begin trading on the OTCQX?

Guerrilla RF began trading on the OTCQX Best Market on July 28, 2022.

What is the stock symbol for Guerrilla RF?

The stock symbol for Guerrilla RF is GUER.

What type of products does Guerrilla RF manufacture?

Guerrilla RF manufactures high-performance MMICs for wireless OEMs, including devices for 5G, automotive telematics, and military communications.

How many devices has Guerrilla RF shipped?

Guerrilla RF has shipped over 100 million devices to date.

What is the significance of trading on the OTCQX for Guerrilla RF?

Trading on the OTCQX is expected to enhance liquidity and attract new investors to Guerrilla RF.