---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-030172"
form_type: "8-K"
ticker: "REKR"
cik: "0001697851"
company_name: "Rekor Systems, Inc."
filed_at: "2024-02-09T23:59:59+00:00"
generated_at: "2026-06-06T04:53:38.077769+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- Priced 10M shares at $2.50, net proceeds ~$22.9M after underwriting discounts and expenses.
- Preliminary Q4 2023 revenue $10.6-11.1M; FY2023 revenue $34.5-35.0M (unaudited).
- Underwriters granted 30-day option to purchase up to 1.5M additional shares.
- William Blair sole book-runner; Northland Capital Markets lead manager.
- Offering closed on Feb 9, 2024; registered under effective S-3 shelf (333-259447).

## SEC filing metadata
- accession: 0001193125-24-030172
- form_type: 8-K
- ticker: REKR
- cik: 0001697851
- company_name: Rekor Systems, Inc.
- filed_at: 2024-02-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1697851/000119312524030172/0001193125-24-030172-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1697851/000119312524030172/d739841d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-030172
- JSON: https://secwatch.observer/filing/0001193125-24-030172.json
- Plain text: https://secwatch.observer/filing/0001193125-24-030172.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1697851/000119312524030172/0001193125-24-030172-index.htm
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1697851/000119312524030172/0001193125-24-030172-index.htm
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1697851/000119312524030172/0001193125-24-030172-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.