---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-015445"
form_type: "8-K"
ticker: "REKR"
cik: "0001697851"
company_name: "Rekor Systems, Inc."
filed_at: "2023-12-13T23:59:59+00:00"
generated_at: "2026-06-07T13:32:00.015437+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Rekor Systems closes $15M registered offering of 13.25% revenue sharing notes due 2026

## Summary
- Completed sale of $15M aggregate principal of 13.25% Series A Prime Revenue Sharing Notes due Dec 15, 2026.
- Notes are secured under an Indenture pledging revenues from investment-grade prime customer contracts.
- Proceeds to fund expansion and working capital; CEO says mechanism reduces reliance on equity financing.
- Additional series may be issued; aggregate principal cannot exceed 50% of 3-year estimated revenue from pool.
- Special investor conference call scheduled for Dec 14, 2023 at 9:00 AM ET.

## SEC filing metadata
- accession: 0001654954-23-015445
- form_type: 8-K
- ticker: REKR
- cik: 0001697851
- company_name: Rekor Systems, Inc.
- filed_at: 2023-12-13T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1697851/000165495423015445/0001654954-23-015445-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1697851/000165495423015445/rekr_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-015445
- JSON: https://secwatch.observer/filing/0001654954-23-015445.json
- Plain text: https://secwatch.observer/filing/0001654954-23-015445.txt

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