Guerrilla RF Inc (GRF) of Greensboro, NC, USA — a provider of radio frequency (RF) and microwave communication solutions for wireless OEMs — has completed its private placement equity financing, selling about 7.1 million units to accredited investors (each unit comprising one share of the firm’s common stock and one warrant to purchase one half of a share of common stock) for $1.30 per unit. The warrants have an exercise price of $2 per share and a term of five years. The private placement has resulted in aggregate gross proceeds of about $9.2m (including $5m from the initial closing in early January)...
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