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Rekor Systems cuts quorum to 40%, with exceptions

The 40% threshold applies to the reconvened 2026 annual meeting and subsequent stockholder meetings; proposals and voting recommendations are unchanged.

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Form Type
8-K

Rhea-AI Filing Summary

Rekor Systems, Inc. (REKR) amended its bylaws effective immediately, lowering the quorum for stockholder meetings from a majority of shares entitled to vote to 40% of those shares present in person or represented by proxy, subject to the bylaws’ exceptions. The revised threshold applies to the 2026 Annual Meeting, scheduled to reconvene October 16, 2026, at 10:30 a.m. Eastern Time, and to subsequent stockholder meetings. The record date remains March 25, 2026. Proposals, Board voting recommendations and applicable voting standards for the reconvened meeting are unchanged. Rekor is also filing definitive additional proxy materials describing the amendment and its effect on the meeting.

Filing Explained

The 40% quorum is measured against all shares entitled to vote: that proportion must be present or represented by proxy, subject to the bylaws’ exceptions, rather than 40% of only the shares that attend.

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year Governance
The company amended its charter documents, bylaws, or changed its fiscal year.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Stockholder meeting quorum 40% of shares entitled to vote Present in person or represented by proxy
Reconvened annual meeting October 16, 2026, at 10:30 a.m. Eastern Time Scheduled reconvening of the 2026 Annual Meeting
Annual meeting record date March 25, 2026 Remains the record date for the reconvened Annual Meeting
quorum regulatory
"reduces the quorum required for meetings of stockholders"
A quorum is the minimum number of members needed to officially hold a meeting or make decisions. It ensures that decisions are made with enough participation to represent the group’s interests, much like a majority must be present for a vote to be valid. For investors, understanding quorum is important because it affects when and how important company or organization decisions can be legally made.
represented by proxy regulatory
"present in person or represented by proxy"
record date regulatory
"The record date for the reconvened Annual Meeting"
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
voting standards regulatory
"the voting standards applicable to those proposals"

FAQ

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What is REKR's new stockholder meeting quorum?

Rekor Systems lowered the quorum from a majority of shares entitled to vote to 40% of those shares present in person or represented by proxy, subject to the bylaws’ exceptions. The revised threshold applies to the reconvened 2026 annual meeting and subsequent stockholder meetings.

When does REKR's 2026 annual meeting reconvene?

Rekor Systems’ 2026 Annual Meeting is scheduled to reconvene on October 16, 2026, at 10:30 a.m. Eastern Time. The record date remains March 25, 2026, and the proposals, Board voting recommendations and voting standards are unchanged.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
false 0001697851 0001697851 2026-10-06 2026-10-06
 

 
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): October 6, 2026
 

 
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.)
 
6721 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 5.03          Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
 
On October 6, 2026, the Board of Directors (the “Board”) of Rekor Systems, Inc. (the “Company”) approved and adopted an amendment to Section 2.5 of the Company’s Amended and Restated Bylaws (the “Bylaw Amendment”), effective immediately. The Bylaw Amendment reduces the quorum required for meetings of stockholders from a majority of the shares entitled to vote to forty percent (40%) of the shares entitled to vote, in each case present in person or represented by proxy, subject to the exceptions set forth in Section 2.5.
 
The amended quorum requirement applies to the Company’s 2026 Annual Meeting of Stockholders, which is scheduled to reconvene on October 16, 2026 at 10:30 a.m. Eastern Time, and to subsequent meetings of stockholders. The record date for the reconvened Annual Meeting remains the close of business on March 25, 2026. The proposals to be considered at the reconvened Annual Meeting, the Board’s voting recommendations and the voting standards applicable to those proposals are unchanged.
 
The Company is also filing definitive additional materials on Schedule 14A describing the Bylaw Amendment and its effect on the reconvened Annual Meeting.
 
Except for the amendment to Section 2.5, the Company’s Amended and Restated Bylaws remain unchanged. The foregoing description of the Bylaw Amendment is qualified in its entirety by reference to the Bylaw Amendment, which is filed as Exhibit 3.1 to this Current Report on Form 8-K and incorporated herein by reference.
 
Item 9.01. Financial Statements and Exhibits.
 
(d) Exhibits.
 
Exhibit
Number
 
Title
3.1
 
Amendment to and Restatement of Section 2.5 of the Amended and Restated Bylaws of Rekor Systems, Inc., effective October 6, 2026.
104
 
Cover Page Interactive Data File (embedded with the Inline XBRL document).
 

 
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: October 6, 2026
/s/ Joseph Nalepa
 
Name: Joseph Nalepa
Title:  Chief Financial Officer
 

Filing Exhibits & Attachments

5 documents

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