UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM10-K/A
(Amendment No. 1)
☒ | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the fiscal year ended December 31, 2018
OR
☐ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the transition period from to
Commission File Number: 001-38338
Rekor Systems, Inc.
(Exact name of registrant as specified in its charter)
Delaware | 81-5266334 | |
(State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) | |
7172 Columbia Gateway Drive, Suite 400, Columbia, MD | 21046 | |
(Address of Principal Executive Offices) | (Zip Code) |
(410)762-0800
(Registrant’s Telephone Number, Including Area Code)
Securities registered pursuant to Section 12(b) of the Act
Title of each class | Name of each exchange on which registered | |
Common stock, par value $0.0001 per share | The Nasdaq Capital Market |
Securities Registered pursuant to Section 12(g) of the Act: None
Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☐ No ☒
Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ☐ No ☒
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted and posted pursuant to Rule 405 ofRegulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes ☒ No ☐
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of RegulationS-K (§ 229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form10-K or any amendment to this Form10-K. ☐
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, anon-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” inRule 12b-2 of the Exchange Act.
Large accelerated filer | ☐ | Accelerated filer | ☐ | |||
Non-accelerated filer | ☒ | Smaller reporting company | ☒ | |||
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. ☐
Indicate by check mark whether the registrant is a shell company (as defined inRule 12b-2 of the Exchange Act). Yes ☐ No ☒
The aggregate market value of the registrant’s voting andnon-voting common stock held bynon-affiliates of the registrant as of June 29, 2018 was approximately $23.7 million.
As of August 13, 2019, the Registrant had 20,270,041 shares of common stock, $0.0001 par value per share outstanding.
EXPLANATORY NOTE
The sole purpose of this Amendment No. 1 on Form10-K/A (the “Amendment”) is to amend the Annual Report on Form10-K of Rekor Systems, Inc. (previously named Novume Solutions, Inc.) (the “Company”) as filed with the Securities and Exchange Commission on April 11, 2019 (the “Original Filing”) tore-file Exhibit 23.1, Consent of BD & Company, Inc., Independent Registered Public Accounting Firm (the “Auditor Consent”). The Auditor Consent filed with the Original Filing inadvertently omitted consenting to the incorporation by reference into the Company’s Registration Statement on FormS-3 (RegistrationNo. 333-224423) (the “FormS-3”). This Amendment is being filed solely to provide the amended and restated Auditor Consent which includes the consent to the incorporation by reference to the FormS-3. This Amendment does not otherwise modify or update in any way the disclosures contained in the Original Filing.
INDEX TO EXHIBITS
Incorporated by Reference | ||||||||||||||||||||
Exhibit | Exhibit Description | Form | File No. | Exhibit | Filing Date | Filed/ Herewith | ||||||||||||||
23.1 | Consent of BD & Company, Inc., Independent Registered Public Accounting Firm | * | ||||||||||||||||||
31.1 | Rule13a-14(a)/15d-14(a) Certification of Chief Executive Officer | * | ||||||||||||||||||
31.2 | Rule13a-14(a)/15d-14(a) Certification of Chief Financial Officer | * |
* | Filed herewith. |
SIGNATURES
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 thereunto duly authorized.
Novume Inc. | ||
/s/ Robert A. Berman | ||
Name: | Robert A. Berman | |
Title: | Chief Executive Officer, Principal Executive Officer, Director and Authorized Signatory | |
Date: | August 14, 2019 |