secwatch.observer — SEC 8-K summary
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Issuer:     Rekor Systems, Inc. (REKR)
CIK:        0001697851
Form:       8-K/A
Filed at:   2024-02-15T23:59:59+00:00
Accession:  0001437749-24-004370
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rekor Systems acquires All Traffic Data Services; files audited 2022 financials showing $8.3M revenue
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- Acquisition closed Jan 2, 2024; Rekor acquired all LLC interests of ATD.
- ATD FY2022 net revenue $8.26M, net income $1.41M, with total assets $18.55M.
- ATD had $1.66M cash, $2.40M net receivables, and $10.6M in customer relationship intangibles.
- Pro forma combined financials filed for FY2022 and 9 months ended Sep 30, 2023.
- ATD provides traffic data collection and reporting to engineering firms and government clients.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1697851/000143774924004370/0001437749-24-004370-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1697851/000143774924004370/rekr20240131_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-004370

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