Rekor Systems, Inc 8-K, filed Jul 1, 2021
Rekor Systems, Inc. (REKR)
8-K
2021-07-01
For: 2021-07-01
View Original
Added on
April 12, 2026
About this 8-K
Rekor Systems, Inc filed this 8-K on July 1, 2021.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 7.01: Regulation FD disclosure
- Item 9.01: Financial statements and exhibits
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): July 1, 2021
____________________
REKOR SYSTEMS, INC.
(Exact
name of registrant as specified in its charter)
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Delaware
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001-38338
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81-5266334
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(State
or Other Jurisdiction
of
Incorporation)
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(Commission
File Number)
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(IRS
Employer
Identification
No.)
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7172 Columbia Gateway Drive, Suite 400, Columbia, MD
21046
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(Address
of Principal Executive Offices)
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Registrant's
Telephone Number, Including Area Code: (410)
762-0800
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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:
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☐ Written communications pursuant to Rule 425 under
the Securities Act (17 CFR 230.425)
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☐ Soliciting material pursuant to Rule 14a-12 under
the Exchange Act (17 CFR 240.14a-12)
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☐ Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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☐ Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the
Act:
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Title
of each class
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Trading
Symbol(s)
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Name of
each exchange on which registered
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Common
Stock, $0.0001 par value per share
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REKR
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The
Nasdaq Stock Market
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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
5.02
Departure
of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers.
On
July 1, 2021, Rekor Systems, Inc. (the “Company”),
announced that Christine Harada will step down from the Board of
Directors of the Company, effective July 2, 2021, to lead the
Federal Permitting Improvement Steering Counsel. Ms. Harada did not
advise the Company of any disagreement with the Company on any
matter relating to its operations, policies or
practices.
Item
7.01
Regulation FD Disclosure.
On July 1, 2021, the Company issued a press release announcing Ms.
Harada’s resignation. A copy of this press release is
attached hereto as Exhibit 99.1 and is incorporated by reference
herein.
The information presented in Item 7.01 of this Current Report on
Form 8-K and the accompanying press release shall not be deemed to
be “filed” for purposes of Section 18 of the Securities
Exchange Act of 1934, as amended (the “Exchange Act”),
or otherwise subject to the liabilities of that section, unless the
Company specifically states that the information is to be
considered “filed” under the Exchange Act or
specifically incorporates it by reference into a filing under the
Securities Act or the Exchange Act.
Item
9.01
Financial
Statements and Exhibits
(d)
Exhibits.
The following exhibits are filed herewith:
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Exhibit Number
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Description
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Press
Release issued on July 1, 2021
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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.
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REKOR SYSTEMS, INC.
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Date:
July 1, 2021
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/s/
Robert A. Berman
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Name:
Robert A. Berman
Title:
President and Chief Executive Officer
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Exhibit 99.1
Rekor Systems Announces Christine Harada Leaving Board to Join
Biden Administration
COLUMBIA, Md. – July 1,
2021 – Rekor Systems, Inc. (NASDAQ: REKR) ("Rekor" or the
“Company”), a provider of real-time roadway, customer,
and public safety intelligence to enable AI-driven
decisions, today announced that board member Christine
Harada will step down from her various roles on Rekor’s Board
of Directors effective July 2, 2021, to lead the Federal Permitting
Improvement Steering Council (“FPISC” or
“Permitting Council”).
FPISC
was established as an impartial federal partner responsible to
oversee interagency coordination and process improvements for
covered projects. The Permitting Council is composed of
representatives at the agency Deputy Secretary-level and is chaired
by an Executive Director, appointed by the President.
“Christine has brought tremendous insight into the government
market and corporate best practices to our board, and I will miss
her advice and counsel,” said Rekor president, CEO and board
chairman Robert Berman. “She helped successfully guide the
company through its rapid expansion, and we were lucky to have her
expertise and leadership on the team for the last four
years.”
Ms. Harada has prior leadership experience in federal government,
serving as the Federal Chief Sustainability Officer and Acting
Chief of Staff at the U.S. General Services Administration during
the Obama Administration. Outside
of the Obama White House, Harada also served in the private sector.
She's currently vice president of the clean energy company
Heliogen. In the private sector she also served as Global Manager
at Boston Consulting Group for the Transformation/Large Scale
Change practice and as principal at Booz Allen
Hamilton.
“Christine is always a pleasure to work with, and her
leadership has been a tremendous asset to Rekor’s
board,” said Paul de Bary, lead director for Rekor’s
Board of Directors. “Her diligence, technical expertise and
depth of understanding of federal governmental processes has served
us well as we’ve been delivering and developing solutions to
serve government clients in the areas of smart cities,
environmental and infrastructure applications. We will miss her
greatly but are consoled by the knowledge that our loss is a gain
for our country and the planet.”
Ms. Harada, who joined the board in 2017, served as the Governance
Chair and as a member of the audit and compensation committees.
Rekor will name a new Governance Chair shortly.
About Rekor Systems, Inc.
Rekor (Nasdaq: REKR) provides real-time, customer and public
safety intelligence to enable AI-driven decisions. Rekor bridges
commercial and government sectors with actionable, real-time
vehicle recognition data to enable informed decisions faster, and
with greater outcomes. Rekor is transforming industries like Public
Safety, Customer Experience, and Smart Cities in approximately 80
countries across the globe with smarter, quicker, cost-competitive
vehicle recognition solutions for security, revenue discovery and
recovery, public safety, electronic toll collection, brand loyalty,
parking operations, logistics, and traffic management. We use the
power of artificial intelligence to analyze video streams and
transform them into AI-driven decisions by our clients. Our machine
learning software can turn most IP cameras into highly accurate and
affordable vehicle recognition devices used to help protect lives,
increase brand loyalty, and enhance operations and logistics,
without the need to install expensive new infrastructure. We make
what was once considered impossible, possible. To learn more please
visit our website: https://rekor.ai.
Contact:
Media:
Robin Bectel
REQ for Rekor Systems, Inc.
rekor@req.co
Investors:
Charles Degliomini
Rekor Systems, Inc.
ir@rekor.ai