Rekor Systems, Inc. (REKR) - Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K, dated August 7, 2019, details the results of Rekor Systems, Inc.'s Annual Meeting of Stockholders. The meeting was held on August 7, 2019, with 11,715,963 shares represented, constituting a quorum.
Key Financial Metrics
This filing is a corporate governance report and does not contain financial performance data. The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes and Voting Results
The filing reports the final results of two proposals submitted to shareholders:
- Proposal 1: Election of Directors All eight nominees for the Board of Directors were re-elected. The terms of the previous board members expired at the meeting. Voting results were as follows:
- James K. McCarthy: 11,361,316 For; 354,647 Withheld
- Robert Berman: 11,363,341 For; 352,622 Withheld
- Dr. Richard Nathan: 11,361,441 For; 354,522 Withheld
- Glenn Goord: 11,361,353 For; 354,610 Withheld
- Paul A. de Bary: 11,350,983 For; 364,980 Withheld
- Christine J. Harada: 11,339,858 For; 376,105 Withheld
- David P. Hanlon: 11,361,417 For; 354,546 Withheld
- Steven D. Croxton: 11,361,373 For; 354,590 Withheld
- Proposal 2: Ratification of Independent Public Accountant Shareholders ratified the appointment of Friedman LLP as the independent public accountant for the fiscal year ending December 31, 2019.
- For: 11,399,190
- Against: 349,199
- Abstain: 1,313
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. It is strictly a report of shareholder voting outcomes.
Key Facts for Investor Verification
- Verify the re-election of the full eight-member Board of Directors.
- Confirm the ratification of Friedman LLP as the independent auditor for the 2019 fiscal year.
- Note that no financial results or operational updates are included in this specific filing.