Rekor Systems Raises $26.4 Million in Public Offering

Rekor Systems Raises $26.4 Million in Public Offering

Rekor Systems Inc (REKR) has released an update.

Rekor Systems, Inc. successfully completed a public offering, selling 10 million shares at $2.50 each. Additionally, underwriters fully exercised their option to buy an extra 1.5 million shares, bringing the total net proceeds for Rekor Systems to approximately $26.4 million. This financial boost is expected to support the company’s growth and market presence.

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