Rekor early redeems all $12.5M senior secured notes on March 4, 2024

Rekor Systems, Inc.

Redemption price is 115% of principal plus accrued interest; payment partly in 750k unregistered shares at $2.50/share.
CEO Robert Berman is a noteholder; shares accepted as part of redemption.
Redemption removes first priority lien on all Company assets and reduces interest expense.
Proceeds from recent public offering partially allocated to the redemption.

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