Rekor Systems Files 8-K for Material Agreement
Ticker: REKR · Form: 8-K · Filed: Feb 10, 2025 · CIK: 1697851
| Field | Detail |
|---|---|
| Company | Rekor Systems, Inc. (REKR) |
| Form Type | 8-K |
| Filed Date | Feb 10, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.0001, $25 million, $15,000,000, $2,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, filing, financials
TL;DR
Rekor Systems signed a big deal, filing it with the SEC today.
AI Summary
Rekor Systems, Inc. filed an 8-K on February 10, 2025, reporting the entry into a material definitive agreement and filing financial statements and exhibits. The company, formerly known as Novume Solutions, Inc., is incorporated in Delaware and headquartered in Columbia, Maryland.
Why It Matters
This filing indicates a significant new agreement for Rekor Systems, which could impact its future business operations and financial performance.
Risk Assessment
Risk Level: medium — Material definitive agreements can introduce new risks or opportunities, and the nature of the agreement is not detailed in this summary.
Key Numbers
- 001-38338 — SEC File Number (Identifies the company's filing with the SEC)
- 81-5266334 — IRS Employer Identification No. (Company's tax identification number)
Key Players & Entities
- Rekor Systems, Inc. (company) — Registrant
- Novume Solutions, Inc. (company) — Former company name
- February 10, 2025 (date) — Date of report
- Delaware (jurisdiction) — State of incorporation
- Columbia, MD (location) — Principal executive offices
FAQ
What is the nature of the material definitive agreement entered into by Rekor Systems, Inc.?
The filing indicates the entry into a material definitive agreement, but the specific details of this agreement are not provided in the summary information.
When was this 8-K report filed?
The 8-K report was filed on February 10, 2025.
What was Rekor Systems, Inc. previously named?
Rekor Systems, Inc. was formerly known as Novume Solutions, Inc.
Where are Rekor Systems, Inc.'s principal executive offices located?
The principal executive offices are located at 6721 Columbia Gateway Drive, Suite 400, Columbia, MD 21046.
What are the main items reported in this 8-K filing?
This 8-K filing reports the entry into a material definitive agreement and the filing of financial statements and exhibits.
Filing Stats: 1,004 words · 4 min read · ~3 pages · Grade level 12.2 · Accepted 2025-02-10 07:02:20
Key Financial Figures
- $0.0001 — nge on which registered Common Stock, $0.0001 par value per share REKR The Nasdaq
- $25 million — ng an aggregate offering price of up to $25 million (the "Shares"). Sales of the Shares u
- $15,000,000 — on a principal basis and purchase up to $15,000,000 of shares of its common stock as set fo
- $2,000,000 — ) in any calendar week shall not exceed $2,000,000. Northland will be entitled to receiv
Filing Documents
- d848316d8k.htm (8-K) — 28KB
- d848316dex11.htm (EX-1.1) — 212KB
- d848316dex51.htm (EX-5.1) — 9KB
- g848316g0207122257243.jpg (GRAPHIC) — 3KB
- 0001193125-25-023132.txt ( ) — 435KB
- rekr-20250210.xsd (EX-101.SCH) — 3KB
- rekr-20250210_lab.xml (EX-101.LAB) — 18KB
- rekr-20250210_pre.xml (EX-101.PRE) — 11KB
- d848316d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Title 1.1 At Market Issuance Sales Agreement, dated February 10, 2025, by and between Rekor Systems, Inc. and Northland Securities, Inc. 5.1 Opinion of Crowell & Moring LLP 23.1 Consent of Crowell & Moring LLP (included in Exhibit 5.1) 104 Cover Page Interactive Data File (embedded with the Inline XBRL document). 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: February 10, 2025 /s/ Eyal Hen Name: Eyal Hen Title: Chief Financial Officer