Arctis Global LLC (REKR) fully distributes Rekor stake, reports 0% ownership
Rhea-AI Filing Summary
Rekor Systems, Inc. received notice that Arctis Global LLC has exited its position as a significant shareholder. On March 25, 2026, Arctis Global LLC completed a pro-rata, in-kind distribution of all Rekor common shares it held to its partners and investors for no consideration. Following this distribution, Arctis Global LLC reports beneficial ownership of 0 shares, representing 0% of Rekor’s outstanding common stock, with no voting or dispositive power. This amendment is described as the final amendment and an exit filing.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership: 0 shares
Percent of class: 0 %
Distribution date: 03/25/2026
3 metrics
Beneficial ownership
0 shares
Amount beneficially owned by Arctis Global LLC after the March 25, 2026 distribution
Percent of class
0 %
Reported Rekor Systems common stock ownership by Arctis Global LLC
Distribution date
03/25/2026
Date Arctis Global LLC effected the pro-rata, in-kind distribution of all Rekor shares
Key Terms
pro-rata, in-kind distribution, beneficial owners, dispositive power
3 terms
pro-rata, in-kind distribution financial
"effected a pro-rata, in-kind distribution of all shares of Common Stock"
beneficial owners regulatory
"have ceased to be the beneficial owners of more than five percent"
Beneficial owners are the people or entities that actually enjoy the economic benefits and control of shares or other assets, even when legal title is held by someone else such as a broker, custodian or trustee. Investors pay attention because beneficial owners hold the real voting power, receive dividends and can influence strategy and takeover outcomes — like the driver of a car who uses and maintains it while the bank holds the title — so disclosure shows who truly controls and benefits.
dispositive power financial
"Sole Dispositive Power 0.00 8 | Shared Dispositive Power 0.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Rekor Systems, Inc. (REKR) disclose about Arctis Global LLC’s ownership in this Schedule 13G/A amendment?
Arctis Global LLC reports 0 shares of Rekor Systems common stock, representing 0% of the class, and states that this filing is a final, exit amendment after its ownership fell below 5%.
What event caused Arctis Global LLC to cease being a 5% beneficial owner of Rekor Systems (REKR)?
On March 25, 2026, Arctis Global LLC made a pro-rata, in-kind distribution of all Rekor common shares it held to its partners and investors for no consideration, reducing its beneficial ownership to zero.
How much voting and dispositive power over Rekor Systems (REKR) stock does Arctis Global LLC report in this filing?
Arctis Global LLC reports no voting power and no dispositive power over Rekor Systems common stock, with sole and shared voting and dispositive power each listed as 0 shares.
Why is this Schedule 13G/A for Rekor Systems (REKR) described as a final amendment?
The amendment is described as a final filing because Arctis Global LLC and associated reporting persons have ceased to be beneficial owners of more than five percent of Rekor’s outstanding common stock and now report 0% ownership.
Where is Arctis Global LLC, the reporting person in the Rekor Systems (REKR) filing, organized and based?
Arctis Global LLC is described as a Puerto Rican limited liability company with its principal business office at Am Towers, 207 Calle Del Parque, 7th Floor, San Juan, Puerto Rico, 00912-3242.