---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-033883"
form_type: "8-K"
ticker: "REKR"
cik: "0001697851"
company_name: "Rekor Systems, Inc."
filed_at: "2024-02-13T23:59:59+00:00"
generated_at: "2026-06-06T03:29:41.316184+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Rekor Systems closes full exercise of underwriters' option, raising $3.5M

## Summary
- Sold additional 1.5M shares of common stock at $2.50/share upon full exercise of underwriters' option.
- Net proceeds from option exercise ~$3.5M; aggregate net proceeds from offering ~$26.4M after deducting discounts and expenses.
- The offering closed on February 13, 2024.
- William Blair acted as sole book-running manager; Northland Capital Markets as lead manager.

## SEC filing metadata
- accession: 0001193125-24-033883
- form_type: 8-K
- ticker: REKR
- cik: 0001697851
- company_name: Rekor Systems, Inc.
- filed_at: 2024-02-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1697851/000119312524033883/0001193125-24-033883-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1697851/000119312524033883/d779171d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-033883
- JSON: https://secwatch.observer/filing/0001193125-24-033883.json
- Plain text: https://secwatch.observer/filing/0001193125-24-033883.txt

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