secwatch / observer
8-K filed February 9, 2024, 6:59 PM ET ticker REKR CIK 0001697851
other material confidence high sentiment neutral materiality 0.65

Rekor Systems raises ~$22.9M in 10M share offering at $2.50; prelim Q4 rev $10.6-11.1M

Rekor Systems, Inc.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.92

Rekor Systems, Inc. reported the quarter ended December 31, 2023 results: revenue between $10.6 and $11.1 million.

Period
the quarter ended December 31, 2023
Revenue
between $10.6 and $11.1 million
Result
preliminary results
Exact text from the filing
the Company expects to report total revenue for the three months ended December 31, 2023 to be between $10.6 and $11.1 million, and for the year ended December 31, 2023 to be between $34.5 and $35.0
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.92

Rekor Systems, Inc. reported the year ended December 31, 2023 results: revenue between $34.5 and $35.0.

Period
the year ended December 31, 2023
Revenue
between $34.5 and $35.0
Result
preliminary results
Exact text from the filing
the Company expects to report total revenue for the three months ended December 31, 2023 to be between $10.6 and $11.1 million, and for the year ended December 31, 2023 to be between $34.5 and $35.0
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Rekor Systems, Inc. entered into Underwriting Agreement with William Blair & Company, L.L.C., as representative of the several underwriters named therein (effective 2024-02-07).

Action
entry
Agreement
underwriting
Counterparty
William Blair & Company, L.L.C., as representative of the several underwriters named therein
Effective
2024-02-07
Exact text from the filing
On February 7, 2024, Rekor Systems, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with William Blair & Company, L.L.C., as representative of the several underwriters named therein (collectively, the “Underwriters”), pursuant to which the Company issued and sold, in a registered public offering by the Company (the “Public Offering”), 10,000,000 shares of the Company’s common stock, par value $0.0001 per share (the “Common Stock”) at an offering price of $2.50 per share of Common Stock.
View on SEC.gov

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Rekor Systems, Inc. filing history →

Source: SEC EDGAR
accession 0001193125-24-030172
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