GUERRILLA RF INC - GUER STOCK NEWS

Guerrilla RF announced its participation in the Sequire Investor Summit, taking place from April 24-26, 2023, at La Concha Resort in San Juan, Puerto Rico. The summit focuses on the region's favorable tax laws, offering insights for funds and investors to maximize their opportunities. Attendees will benefit from keynote panels and training sessions led by industry experts.

Guerrilla RF, celebrating its tenth anniversary, aims to engage with investors and analysts to discuss its strategy in high-growth markets such as 5G, automotive, and aerospace. The company has a portfolio of over 100 RF and microwave devices and has shipped more than 150 million devices to date. The presentation is scheduled for April 25, 2023, from 10:30 AM to 11:00 AM.

Guerrilla RF, Inc. announces a one-for-six reverse stock split, effective at 12:01 a.m. (EDT) on April 17, 2023. This move aims to facilitate the uplisting of its stock to a national securities exchange by meeting price requirements. The reverse split was approved by the board and shareholders on April 5, 2023. Post-split, every six shares will convert into one share, with no impact on ownership percentages. Following the split, the stock will trade under the temporary symbol “GUERD” on OTCQX. The Vice President of Investor Relations, Sam Funchess, stated that this uplisting aims for enhanced access to capital, improved liquidity, and increased brand visibility, aligning with the company’s growth strategy in high-demand sectors like 5G and automotive connectivity.

Guerrilla RF, Inc. (OTCQX: GUER), a provider of advanced radio frequency solutions, announced that VP of Investor Relations, Sam Funchess, will present at the Sequire Investor Summit in San Juan, Puerto Rico, from April 24-26, 2023.

Funchess will highlight the company's strong growth, including a 66% CAGR in product revenue since 2018 and 31% since 2019, alongside a gross margin of 59%. Guerrilla RF aims to address high-demand markets, including 5G and automotive. Celebrating its tenth anniversary, the company emphasizes its commitment to innovation in high-performance RF solutions.

Guerrilla RF, Inc. (OTCQX: GUER) has entered into a distribution agreement with RFMW, a prominent distributor of RF and microwave semiconductors. This partnership aims to enhance Guerrilla RF's reach and customer relations in key markets, particularly in high-growth sectors such as 5G, automotive, and aerospace. Jeff Broxson, VP of Sales, emphasized RFMW’s global presence and technical proficiency as significant advantages for Guerrilla RF. The collaboration is expected to leverage RFMW’s engineering expertise to address the challenges of a rapidly evolving tech industry, boosting Guerrilla RF's growth momentum.

Guerrilla RF, Inc. (OTCQX: GUER) reported a significant 33% increase in engineering tape-outs, rising from 31 in 2021 to 41 in 2022. This growth reflects the company’s robust investments in research and development aimed at high-demand markets such as 5G, automotive, and satellite communications. These engineering tape-outs enable quicker design validation, ultimately reducing costs and accelerating time to market. Kellie Chong, Chief Business Officer, emphasized the importance of targeted R&D for meeting evolving tech demands. Guerrilla RF remains a prominent player in the RF and microwave solutions sector with a comprehensive product portfolio and a commitment to innovation.