Rekor Systems (REKR): Maybank Securities discloses 7.1% beneficial ownership
Rhea-AI Filing Summary
Rekor Systems, Inc. reports that Maybank Securities Pte. Ltd., a Singapore-based broker-dealer, is a significant holder of its common stock. Maybank Securities is reported as the beneficial owner of 9,744,552 shares of Rekor common stock, representing 7.1% of the outstanding class. The position relates solely to common stock with CUSIP 759419104.
Maybank Securities is disclosed as having no sole or shared voting power over these shares, but it has sole power to dispose of or direct the disposition of 9,744,552 shares and no shared dispositive power. The certification states that the foreign regulatory scheme applicable to the broker-dealer is substantially comparable to the scheme applicable to functionally equivalent U.S. institutions, and that additional information comparable to a Schedule 13D can be furnished to the Commission staff upon request.
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Key Figures
Key Terms
beneficially owned financial
sole dispositive power financial
Broker-Dealer financial
Schedule 13D regulatory
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