Rekor Systems (REKR) Prices 10M Share Offering at $2.50/sh
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Rekor Systems Announces Pricing of Follow-On Public Offering of Common Stock
February 7, 2024 8:42 AM ESTCOLUMBIA, MD / ACCESSWIRE / February 7, 2024 / Rekor Systems, Inc. (Nasdaq: REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced the pricing of its underwritten public offering of 10,000,000 shares of its common stock (the "Common Stock") at a price to the public of $2.50 per share. Closing of the offering is expected to occur on or about February 9, 2024, subject to customary closing conditions. In addition, Rekor has granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of Common Stock at the public offering price... More
