REKOR SYSTEMS, INC. : Other Events, Financial Statements and Exhibits (form 8-K)

Item 8.01 Other Events.

On December 21, 2022, Rekor Systems, Inc. (the "Company") issued a press release announcing its execution of a term sheet for a private placement of up to $15 million in senior secured notes arranged by the company's, Chairman and Chief Executive Officer, Robert A. Berman, who will also participate as a purchaser of the senior secured notes, and announcing the Company's engagement of a financial advisor to assist with potential strategic investments into the Company. The aforementioned senior secured notes offering remains subject to negotiation and execution of definitive transaction documentation and is expected to close in early January 2023. A copy of the press release is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits



Exhibit
  No.                  Description

  99.1       Press release December 21, 2022.





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