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Rekor Systems REKR

Rekor Systems gets 180-day extension to meet Nasdaq bid price rule

Item 3.01 Listing standards notice, Item 7.01 Investor disclosure

Form
8-K
Filed
Importance
Major
  1. Nasdaq granted Rekor an 180-day extension until April 26, 2027 to meet the $1.00 bid price requirement.
  2. The company must have a closing bid price of at least $1.00 for 10 consecutive business days during the extension.
  3. The extension was granted based on compliance with other Nasdaq listing requirements.
  4. Failure to meet the requirement could lead to delisting.

Written from the 8-K on EDGAR. Check the filing before you rely on it.

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