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    Rekor Systems Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

    8/14/24 4:06:15 PM ET
    $REKR
    Telecommunications Equipment
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    Get the next $REKR alert in real time by email
    rekr_8k.htm
    0001697851false00016978512024-08-142024-08-14iso4217:USDxbrli:sharesiso4217:USDxbrli:shares

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

    ____________________ 

     

    FORM 8-K

    ____________________

     

    CURRENT REPORT

     

    Pursuant to Section 13 or 15(d) of

    the Securities Exchange Act of 1934

     

    Date of Report (Date of earliest event reported): August 14, 2024

    ____________________

     

    Rekor Systems, Inc.

    (Exact name of registrant as specified in its charter)

     

    Delaware

     

    001-38338

     

    81-5266334

    (State or Other Jurisdiction

    of Incorporation)

     

    (Commission

    File Number)

     

    (IRS Employer

    Identification No.)

     

    6721 Columbia Gateway Drive, Suite 400, Columbia, MD  21046

    (Address of Principal Executive Offices)

     

    Registrant's Telephone Number, Including Area Code:  (410) 762-0800

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

     

    ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

    ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

    ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

    ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

     

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class

    Trading Symbol(s)

    Name of each exchange on which registered

    Common Stock, $0.0001 par value per share

    REKR

     The Nasdaq Stock Market

     

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter)

     

    Emerging Growth Company ☐

     

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     

     

     

     

    Item 2.02.

    Results of Operations and Financial Condition.

     

    On August 14, 2024, Rekor Systems, Inc. (the “Company”) issued a press release summarizing the Company’s financial results for the second quarter ended June 30, 2024.  A copy of this press release is furnished as Exhibit 99.1 hereto and incorporated herein by reference.

     

    The foregoing information is intended to be furnished under Item 2.02 of Form 8-K, “Results of Operations and Financial Condition.” This information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

     

    A conference call has been scheduled for August 14, 2024, at 4:30 PM ET. Listeners may access the call live by telephone at (877) 407-8037 (toll free) and internationally at (201) 689-8037; or, via the Internet at https://event.choruscall.com/mediaframe/webcast.html?webcastid=XdXiCAVS.  An archived webcast will also be available to replay this conference call directly from the investor relations section of the Company’s website at https://www.rekor.ai/investors. 

     

    In its discussion, management may reference certain non-GAAP financial measures related to company performance. A reconciliation of that information to the most directly comparable GAAP measures is provided in the press release, furnished herewith, and a copy of which can also be accessed in the investor relations section of the Company's website referenced above.

     

    Item 9.01.

    Financial Statements and Exhibits.

     

    (d) Exhibits

     

    Exhibit No.  

     

    Description

    99.1

     

    Press Release dated August 14, 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: August 14, 2024

    /s/ Eyal Hen

     

     

    Name: Eyal Hen

    Title:   Chief Financial Officer

     

     

     
    3

     

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