Rekor Systems (REKR) Prices 5.33M Share Common Offering at $12.25/Sh
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Rekor Systems, Inc. Announces Pricing of $65.3 Million Public Offering of Common Stock
February 5, 2021 7:31 AM ESTCOLUMBIA, MD / ACCESSWIRE / February 5, 2021 / Rekor Systems, Inc. (NASDAQ: REKR) ("Rekor" or the "Company"), a Maryland-based company providing real-time roadway, customer and public safety intelligence to enable AI-driven decisions, today announced the pricing of its previously announced underwritten public offering of 5,327,773 shares of common stock of the Company at a price to the public of $12.25 per share. Rekor expects to receive aggregate gross proceeds of approximately $65.3 million from the offering, prior to deducting underwriting discounts and commissions and offering expenses payable by the Company.
In addition, the Company has granted the... More
