Rekor Systems prices $15M direct offering with 8.57M units at $1.75/unit, each with a share & warrant for $2.40, closing Dec 16.

Unusual Whales
2025.12.15 11:46
On December 15, 2025, in Columbia, Maryland, Rekor Systems, Inc. (Nasdaq: REKR) disclosed the pricing details of an underwritten registered direct offering. This offering consists of 8,571,428 units priced at $1.75 per unit for public offering. Each unit includes one common stock share and a warrant to buy one common stock share at $2.40 per share. The warrants are exercisable immediately and valid for seven years from the date of issue. The common stock shares and warrants in the units will be issued separately as they are immediately separable. The closing of this offering is scheduled around December 16, 2025, contingent on meeting standard closing conditions.