0001654954-21-007468.txt : 20210701 0001654954-21-007468.hdr.sgml : 20210701 20210701073359 ACCESSION NUMBER: 0001654954-21-007468 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210701 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20210701 DATE AS OF CHANGE: 20210701 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Rekor Systems, Inc. CENTRAL INDEX KEY: 0001697851 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATIONS EQUIPMENT, NEC [3669] IRS NUMBER: 815266334 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38338 FILM NUMBER: 211064052 BUSINESS ADDRESS: STREET 1: 7172 COLUMBIA GATEWAY DRIVE STREET 2: SUITE 400 CITY: COLUMBIA STATE: MD ZIP: 21046 BUSINESS PHONE: 4107620800 MAIL ADDRESS: STREET 1: 7172 COLUMBIA GATEWAY DRIVE STREET 2: SUITE 400 CITY: COLUMBIA STATE: MD ZIP: 21046 FORMER COMPANY: FORMER CONFORMED NAME: Novume Solutions, Inc. DATE OF NAME CHANGE: 20170210 8-K 1 rekr_8k.htm CURRENT REPORT rekr_8k
 

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)
 
Delaware
001-38338
81-5266334
(State or Other Jurisdiction
of Incorporation)
(Commission File Number)
(IRS Employer
Identification No.)
 
 
 
7172 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 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:
 
Exhibit Number
 
Description
 
Press Release issued on July 1, 2021
 
 
 
 
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: July 1, 2021
/s/ Robert A. Berman
 
 
Name:  Robert A. Berman
Title:    President and Chief Executive Officer
 
 
 
EX-99.1 2 rekr_ex991.htm PRESS RELEASE rekr_ex991
 
 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