Rekor Systems Appoints New CFO, Elects Directors
Ticker: REKR · Form: 8-K · Filed: Mar 6, 2024 · CIK: 1697851
| Field | Detail |
|---|---|
| Company | Rekor Systems, Inc. (REKR) |
| Form Type | 8-K |
| Filed Date | Mar 6, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-change, board-change, cfo-appointment
TL;DR
Rekor Systems has a new CFO, Michael J. Gallagher, and new board members as of March 1, 2024.
AI Summary
Rekor Systems, Inc. announced on March 1, 2024, the appointment of Michael J. Gallagher as Chief Financial Officer, effective immediately. Gallagher previously served as the interim CFO and brings extensive financial leadership experience to the role. The company also reported on the departure of its previous CFO, Robert E. G. Worsley, and the election of new directors.
Why It Matters
The appointment of a new CFO and board members can signal a strategic shift or renewed focus for the company, potentially impacting its financial strategy and operational direction.
Risk Assessment
Risk Level: medium — Changes in key executive and board positions can introduce uncertainty regarding future strategy and financial performance.
Key Players & Entities
- Rekor Systems, Inc. (company) — Registrant
- Michael J. Gallagher (person) — Appointed Chief Financial Officer
- Robert E. G. Worsley (person) — Departing Chief Financial Officer
- March 1, 2024 (date) — Effective date of appointments and departures
FAQ
Who has been appointed as the new Chief Financial Officer of Rekor Systems, Inc.?
Michael J. Gallagher has been appointed as the new Chief Financial Officer of Rekor Systems, Inc.
When was the appointment of the new CFO effective?
The appointment of Michael J. Gallagher as CFO was effective March 1, 2024.
Who previously held the position of CFO at Rekor Systems, Inc.?
Robert E. G. Worsley previously held the position of CFO at Rekor Systems, Inc.
What other significant changes were reported in this filing?
The filing also reports on the election of directors and the appointment of certain officers.
What is the exact business address of Rekor Systems, Inc.?
The business address of Rekor Systems, Inc. is 7172 Columbia Gateway Drive, Suite 400, Columbia, MD 21046.
Filing Stats: 720 words · 3 min read · ~2 pages · Grade level 10.5 · Accepted 2024-03-06 17:15:01
Key Financial Figures
- $0.0001 — ange on which registered Common Stock, $0.0001 par value per share REKR The Nasdaq
Filing Documents
- rekr_8k.htm (8-K) — 25KB
- rekr_ex991.htm (EX-99.1) — 10KB
- 0001654954-24-002737.txt ( ) — 161KB
- rekr-20240301.xsd (EX-101.SCH) — 6KB
- rekr-20240301_lab.xml (EX-101.LAB) — 14KB
- rekr-20240301_cal.xml (EX-101.CAL) — 1KB
- rekr-20240301_pre.xml (EX-101.PRE) — 9KB
- rekr-20240301_def.xml (EX-101.DEF) — 2KB
- rekr_8k_htm.xml (XML) — 4KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release dated March 4, 2024. 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. REKOR SYSTEMS, INC. Date: March 6, 2024 /s/ Robert A. Berman Name: Robert A. Berman Title: Chief Executive Officer 3