Guerrilla RF, Inc. announced that it has entered into a note purchase agreement with an accredited investor to issue unsecured convertible promissory note in the principal amount of $500,000 on July 24, 2023. The convertible note accrues interest at a simple rate of 16% per annum. The note was issued in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933, as amended.