Rekor Systems Files 8-K for Bylaw/Charter Amendments

Ticker: REKR · Form: 8-K · Filed: Apr 22, 2024 · CIK: 1697851

Rekor Systems, Inc. 8-K Filing Summary
FieldDetail
CompanyRekor Systems, Inc. (REKR)
Form Type8-K
Filed DateApr 22, 2024
Risk Levellow
Pages2
Reading Time2 min
Key Dollar Amounts$0.0001
Sentimentneutral

Sentiment: neutral

Topics: corporate-governance, filing

TL;DR

Rekor Systems filed an 8-K on 4/22/24 for charter/bylaw changes.

AI Summary

On April 22, 2024, Rekor Systems, Inc. filed an 8-K report detailing amendments to its articles of incorporation and bylaws. The company, formerly known as Novume Solutions, Inc., is incorporated in Delaware and headquartered in Columbia, Maryland.

Why It Matters

This filing indicates potential changes to the company's governance structure or operational rules, which could impact its strategic direction and shareholder rights.

Risk Assessment

Risk Level: low — The filing is procedural and relates to corporate governance documents, not immediate financial performance or operational crises.

Key Players & Entities

  • Rekor Systems, Inc. (company) — Registrant
  • Novume Solutions, Inc. (company) — Former company name
  • April 22, 2024 (date) — Date of report
  • Delaware (jurisdiction) — State of incorporation
  • Columbia, MD (location) — Principal executive offices

FAQ

What specific amendments were made to Rekor Systems' articles of incorporation or bylaws?

The filing indicates that amendments were made, but the specific details of these amendments are not provided in the provided text excerpt. The filing is a Form 8-K Current Report.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing was on April 22, 2024.

What was Rekor Systems, Inc. formerly known as?

Rekor Systems, Inc. was formerly known as Novume Solutions, Inc.

In which state is Rekor Systems, Inc. incorporated?

Rekor Systems, Inc. is incorporated in Delaware.

Where are Rekor Systems, Inc.'s principal executive offices located?

Rekor Systems, Inc.'s principal executive offices are located at 6721 Columbia Gateway Drive, Suite 400, Columbia, MD 21046.

Filing Stats: 568 words · 2 min read · ~2 pages · Grade level 11.3 · Accepted 2024-04-22 16:21:27

Key Financial Figures

  • $0.0001 — ange on which registered Common Stock, $0.0001 par value per share REKR The Nasdaq

Filing Documents

03 Amendment to Articles of Incorporation or Bylaws

Item 5.03 Amendment to Articles of Incorporation or Bylaws. On April 22, 2024, following the previously reported adoption by the stockholders of Rekor Systems, Inc. (the "Company") of an amendment to the Company's Amended and Restated Certificate of Incorporation, as amended, to increase the number of authorized shares of common stock from 100,000,000 to 300,000,000 (the "Charter Amendment") at the Company's 2024 annual meeting of stockholders held on April 18, 2024 (the "Annual Meeting"), the Company filed the Charter Amendment with the Secretary of State of Delaware. The number of authorized shares of the Company's preferred stock was not affected by this amendment and remained unchanged at 2,000,000 shares. A copy of the Charter Amendment is filed as Exhibit 3.1 to this Current Report on Form 8-K and is incorporated herein by reference. Certain possible effects of such increase in the total number of authorized shares of common stock are described in the Company's definitive proxy statement on Schedule 14A for the Annual Meeting, filed with the Securities and Exchange Commission on March 25, 2024, which description is incorporated herein by reference.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 3.1 Third Certificate of Amendment to Amended and Restated Certificate of Incorporation of Rekor Systems, Inc. as filed with the Secretary of the State of Delaware on April 22, 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: April 22, 2024 /s/ Robert A. Berman Name: Robert A. Berman Title: Chief Executive Officer 3

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