Business Context and Reporting Period
This Form 8-K Current Report was filed by Rekor Systems, Inc. (formerly Novume Solutions, Inc.) on April 30, 2019, covering events effective April 26, 2019. The filing documents a corporate name change and associated administrative updates.
Key Financial Metrics
This filing is a current report regarding corporate governance and identity changes. It does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity data.
Material Changes
- Legal Name Change: Effective April 26, 2019, Novume Solutions, Inc. changed its legal name to Rekor Systems, Inc. via an amendment to its Certificate of Incorporation filed with the Delaware Secretary of State.
- Bylaws Update: The Board adopted Amended and Restated Bylaws to reflect the new name.
- Stock Ticker and CUSIP Updates:
- Common Stock: Ticker changed to REKR; CUSIP changed to 759419 104.
- Series A Preferred Stock: Ticker changed to REKRP; CUSIP changed to 759419 203.
- Warrants: Ticker changed to REKRW; CUSIP changed to 759419 112.
- Website Update: The company website address was updated to www.rekorsystems.com.
Guidance, Outlook, and Risks
The filing states that the name change does not affect the rights of stockholders. No financial guidance, outlook, management commentary on operations, or specific risk factors were disclosed in this report. The press release announcing the change is included as an exhibit but is not deemed "filed" for liability purposes under Section 18 of the Exchange Act.
Investor Verification Checklist
- Verify the new ticker symbols (REKR, REKRP, REKRW) and CUSIP numbers on trading platforms.
- Confirm the updated corporate name "Rekor Systems, Inc." in shareholder records.
- Review the attached Certificate of Amendment (Exhibit 3.1) and Amended Bylaws (Exhibit 3.2) for any clauses beyond the name change.
- Note that the filing contains no financial performance data; refer to the most recent 10-K or 10-Q for financial metrics.