false 0001697851 0001697851 2025-05-15 2025-05-15
 
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): May 15, 2025
 
 
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 5.07  Submission of Matters to a Vote of Security Holders
 
On May 15, 2025, Rekor Systems, Inc. (the “Company”) held its Annual Meeting of Stockholders (the “Annual Meeting”). An aggregate of 61,861,880 shares held by holders of the Company’s voting stock, constituting a quorum, were ,,represented in, person or by valid proxies at the Annual Meeting. The final results for each of the matters submitted to a vote of stockholders at the Annual Meeting, as set forth in the Definitive Proxy Statement, filed with the Securities and Exchange Commission on March 31, 2025, are as follows:
 
Proposal 1: At the Annual Meeting, all of the nine (9) nominees for director were elected to serve until the next annual meeting of stockholders and until their successors are named and qualified, or until their earlier resignation or removal. The result of the votes to elect the nine directors was as follows:
 
Directors
  
For
 
  
Withheld
 
  
Broker Non-Votes
 
Robert Berman
  
29,780,144
  
794,548
  
31,287,188
Paul A. de Bary
   
28,417,557
  
2,157,135
  
31,287,188
Glenn Goord
  
28,427,885
  
2,146,807
  
31,287,188
David Hanlon
  
27,296,390
  
3,278,302
  
31,287,188
Steven D. Croxton
  
29,864,875
  
709,817
  
31,287,188
Sanjay Sarma
   
29,852,989
  
721,703
  
31,287,188
Tim Davenport
  
29,282,078
  
1,292,614
  
31,287,188
Andrew Meyers
   
29,873,888
  
700,804
  
31,287,188
Viraj Mehta
  
29,249,964
  
1,324,728
  
31,287,188
 
Proposal 2: At the Annual Meeting, the stockholders ratified the appointment of CBIZ CPAs P.C. as our independent public accountant for the fiscal year ending December 31, 2025. The result of the votes to approve CBIZ CPAs P.C. was as follows:
 
 
For
 
Against
 
Abstain
 
Broker Non-Vote
       
61,235,105
536,897
89,878
n/a
 
 
Proposal 3: At the Annual Meeting, the compensation of the Company’s named executive officers was approved by the stockholders, on an advisory basis, by the votes set forth in the table below:
 
 
For
 
Against
 
Abstain
 
Broker Non-Vote
       
16,920,745
1,075,971
12,577,976
31,287,188
 
 
 
 
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: May 16, 2025
/s/ Eyal Hen
  
 
Name:  Eyal Hen
Title:    Chief Financial Officer