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0001697851
0001697851
2026-10-27
2026-10-27
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 27, 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 3.01 | Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. |
On October 27, 2026, Rekor Systems, Inc. (the “Company”) received written notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) granting the Company an additional 180-calendar-day period, until April 26, 2027, to regain compliance with the minimum $1.00 bid price per share requirement under Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”). The notice has no immediate effect on the listing or trading of the Company’s common stock, which continues to trade on The Nasdaq Capital Market under the symbol “REKR.”
As previously disclosed, Nasdaq notified the Company on April 27, 2026 that it did not satisfy the Minimum Bid Price Requirement because the closing bid price of its common stock had been below $1.00 per share for 30 consecutive business days. The initial 180-calendar-day compliance period expired on October 26, 2026.
Nasdaq granted the additional period under Listing Rule 5810(c)(3)(A)(ii) based on the Company’s compliance with the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on The Nasdaq Capital Market, other than the Minimum Bid Price Requirement, and the Company’s written notice of its intention to cure the deficiency during the additional period.
To regain compliance, the closing bid price of the Company’s common stock must be at least $1.00 per share for a minimum of ten consecutive business days during the additional compliance period.
The Company intends to regain compliance within the additional period. If the Company does not regain compliance by April 26, 2027, Nasdaq will issue written notification that the Company’s securities will be delisted. The Company may appeal that determination to a Nasdaq Hearings Panel, but a hearing request would not stay the suspension of trading. The additional compliance period relates solely to the bid-price deficiency and does not affect the Company’s obligation to comply with Nasdaq’s other listing requirements. There can be no assurance that the Company will regain compliance within the additional period or maintain compliance with Nasdaq’s other listing requirements.
Item 7.01. | Regulation FD Disclosure. |
On October 27, 2026, the Company issued a press release announcing receipt of the Nasdaq notice described in Item 3.01 above. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information in this Item 7.01 and Exhibit 99.1 is furnished and shall not be deemed “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, and shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.
Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits.
Exhibit
Number | | Title |
99.1 | | Press Release of Rekor Systems, Inc., dated October 27, 2026 (furnished herewith). |
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 27, 2026 | /s/ Joseph Nalepa |
| Name: Joseph Nalepa Title: Chief Financial Officer |
Exhibit 99.1
NASDAQ Grants Rekor Systems Six-Month Extension to Regain Compliance with Minimum Bid Price Requirement
COLUMBIA, Md., October 27, 2026 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ: REKR) ("Rekor" or the "Company"), a provider of AI-powered roadway intelligence, today announced that it has received written notification from Nasdaq granting the Company a six-month extension, through April 26, 2027, to regain compliance with Nasdaq’s $1.00 minimum bid price requirement.
Rekor Systems’ common stock continues to trade on The Nasdaq Capital Market under the symbol “REKR."
About Rekor Systems, Inc.
Rekor Systems, Inc. (NASDAQ: REKR) is a technology company developing trusted data, privacy, security, and intelligence solutions for real-world transportation, public safety, video, and sensor networks. Rekor's advanced computer vision, machine learning, data security, and media authentication platforms help government agencies, public-safety organizations, transportation authorities, commercial customers, and technology partners transform visual, roadway, and sensor data into trusted, actionable intelligence. Rekor's solutions are designed to support safer, more efficient mobility, stronger public-safety outcomes, privacy-conscious data practices, operational transparency, and evidentiary integrity.
To learn more, visit Rekor.ai.
Media & Investor Relations Contact
Charles Degliomini
Executive Vice President
Rekor Systems, Inc.
cdegliomini@rekor.ai
Forward-Looking Statements
This press release and its links and attachments contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 concerning Rekor Systems, Inc. that involve substantial risks and uncertainties, including particularly statements regarding our future results of operations and financial position, business strategy, prospective products and services, timing and likelihood of success, plans and objectives of management for future operations and future results of current and anticipated products and services. These statements involve uncertainties, such as known and unknown risks, and are dependent on other important factors that may cause our actual results, performance, or achievements to be materially different from the future results, performance or achievements we express or imply. For this purpose, any statements that are not statements of historical fact may be deemed to be forward-looking statements. In some cases, you can identify forward-looking statements by terms such as "may," "will," "should," "expect," "plan," "anticipate," "could," "intend," "target," "project," "contemplates," "believes," "estimates," "predicts," "potential," or "continue," or the negative of these terms or other similar expressions. These forward-looking statements speak only as of the date they are made and are subject to a number of risks, uncertainties and assumptions described under the sections in our Annual Report on Form 10-K for the year ended December 31, 2025 entitled "Risk Factors" and in our subsequent Quarterly Reports on Form 10-Q filed with the SEC. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Readers are urged to carefully review and consider the various disclosures made in this press release and in other documents we file from time to time with the SEC that disclose risks and uncertainties that may affect our business. The forward-looking statements do not reflect the potential impact of any divestiture, merger, acquisition, or other business combination that had not been completed as of the date of this filing. Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified and some of which are beyond our control, you should not rely on them as predictions of future events. We do not undertake any obligation to publicly update any forward-looking statements, whether as a result of new information, future events, or otherwise.