---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-013194"
form_type: "8-K"
ticker: "REKR"
cik: "0001697851"
company_name: "Rekor Systems, Inc."
filed_at: "2024-10-22T23:59:59+00:00"
generated_at: "2026-05-30T11:41:24.939479+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Rekor Systems cancels $20M optional advance under Pre-Paid Advance Agreement with Yorkville

## Summary
- Amendment dated Oct 22, 2024 eliminates the $20M second pre-paid advance option from the PPA.
- Company retains the $15M advance received in August 2024; all other PPA terms unchanged.
- Mutually agreed by Rekor and YA II PN, Ltd., an affiliate of Yorkville Advisors Global.

## SEC filing metadata
- accession: 0001654954-24-013194
- form_type: 8-K
- ticker: REKR
- cik: 0001697851
- company_name: Rekor Systems, Inc.
- filed_at: 2024-10-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1697851/000165495424013194/0001654954-24-013194-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1697851/000165495424013194/rekr_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-013194
- JSON: https://secwatch.observer/filing/0001654954-24-013194.json
- Plain text: https://secwatch.observer/filing/0001654954-24-013194.txt

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