- Rekor Systems (NASDAQ:REKR) filed for $350M mixed shelf offering, that can include – debt securities, preferred stock, common stock, warrants, subscription rights, and units.
- The proceeds are expected to be used for general corporate purposes, unless the applicable prospectus supplement provides otherwise.
- Source: SEC filing Form S-3
- Rekor Systems (REKR) is a tech company that provides infrastructure solutions for transportation, public safety, and urban mobility markets in the United States and internationally.
- The stock price dropped ~44% so far this year, and Seeking Alpha Quant rating warns that the stock is at a high risk of performing badly due to declining growth and inferior profitability compared to peers.
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