<SEC-DOCUMENT>0001193125-24-025883.txt : 20240207
<SEC-HEADER>0001193125-24-025883.hdr.sgml : 20240207
<ACCEPTANCE-DATETIME>20240207061349
ACCESSION NUMBER:		0001193125-24-025883
CONFORMED SUBMISSION TYPE:	FWP
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20240207
DATE AS OF CHANGE:		20240207

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Rekor Systems, Inc.
		CENTRAL INDEX KEY:			0001697851
		STANDARD INDUSTRIAL CLASSIFICATION:	COMMUNICATIONS EQUIPMENT, NEC [3669]
		ORGANIZATION NAME:           	04 Manufacturing
		IRS NUMBER:				815266334
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		FWP
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-259447
		FILM NUMBER:		24602024

	BUSINESS ADDRESS:	
		STREET 1:		7172 COLUMBIA GATEWAY DRIVE
		STREET 2:		SUITE 400
		CITY:			COLUMBIA
		STATE:			MD
		ZIP:			21046
		BUSINESS PHONE:		4107620800

	MAIL ADDRESS:	
		STREET 1:		7172 COLUMBIA GATEWAY DRIVE
		STREET 2:		SUITE 400
		CITY:			COLUMBIA
		STATE:			MD
		ZIP:			21046

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Novume Solutions, Inc.
		DATE OF NAME CHANGE:	20170210

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Rekor Systems, Inc.
		CENTRAL INDEX KEY:			0001697851
		STANDARD INDUSTRIAL CLASSIFICATION:	COMMUNICATIONS EQUIPMENT, NEC [3669]
		ORGANIZATION NAME:           	04 Manufacturing
		IRS NUMBER:				815266334
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		FWP

	BUSINESS ADDRESS:	
		STREET 1:		7172 COLUMBIA GATEWAY DRIVE
		STREET 2:		SUITE 400
		CITY:			COLUMBIA
		STATE:			MD
		ZIP:			21046
		BUSINESS PHONE:		4107620800

	MAIL ADDRESS:	
		STREET 1:		7172 COLUMBIA GATEWAY DRIVE
		STREET 2:		SUITE 400
		CITY:			COLUMBIA
		STATE:			MD
		ZIP:			21046

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Novume Solutions, Inc.
		DATE OF NAME CHANGE:	20170210
</SEC-HEADER>
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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">Filed Pursuant to Rule 433 </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">Issuer Free Writing Prospectus dated February&nbsp;7, 2024 </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">Relating to Preliminary Prospectus Supplement dated February&nbsp;6, 2024 </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">Registration Statement <FONT STYLE="white-space:nowrap">No.&nbsp;333-259447</FONT> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>REKOR SYSTEMS, INC. </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Update to Preliminary Prospectus Supplement </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Dated February&nbsp;6, 2024 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">This free writing
prospectus relates only to the <FONT STYLE="white-space:nowrap">follow-on</FONT> public offering of common stock of Rekor Systems, Inc. (the &#147;Company&#148;) and should be read together with the preliminary prospectus supplement filed on
February&nbsp;6, 2024 related to this offering (the &#147;<B>Preliminary Prospectus Supplement</B>&#148;) and the accompanying prospectus, included in the registration statement on Form <FONT STYLE="white-space:nowrap">S-3</FONT> (File <FONT
STYLE="white-space:nowrap">No.&nbsp;
333-259447)</FONT> relating to these securities, which may be accessed through the following link: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><A HREF="http://www.sec.gov/Archives/edgar/data/1697851/000119312524025341/d707134d424b5.htm">https://www.sec.gov/Archives/edgar/data/1697851/000119312524025341/d707134d424b5.htm
</A> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">References to the &#147;Company,&#148; &#147;we,&#148; &#147;us&#148; or &#147;our&#148; are used in the manner described in the Preliminary
Prospectus Supplement. The following information supplements and updates the information contained in the Preliminary Prospectus Supplement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>The
following updates and replaces, in their entirety, the fourth and fifth paragraphs under the caption &#147;Risk Factors &#150; Risks Related to Our Business &#150; We may from time to time be involved in, subject to, or threatened with legal
proceedings related to, or incidental to the conduct of, our business, including, but not limited to, a complaint recently filed by H.C. Wainwright&nbsp;&amp; Co., LLC in connection with a prior engagement&#148; appearing on pages <FONT
STYLE="white-space:nowrap">S-10</FONT> and <FONT STYLE="white-space:nowrap">S-11</FONT> of the Preliminary Prospectus Supplement: </I></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Independent of its claim arising from the July Warrant Exercise Transaction, our understanding is that HCW disagrees with our conclusions with
respect to the termination of our engagement letter with them and the consequences of such termination, if any, including the possible survival of the tail and the ROFR. On February&nbsp;6, 2024, after we publicly filed the preliminary prospectus
supplement related to this offering, we received an email from counsel to HCW, containing a reminder to us that their claims apply to this offering as well as a written threat to file a claim for breach of contract should we proceed with the
consummation of this offering. If such a claim is made after consummation of this offering, we believe any such claim would be without merit and we intend to vigorously defend against any such claims. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">With respect to HCW&#146;s existing claim, and if any claims are brought relating to this offering as threatened, we are unable at this time
to predict the outcome of such claims, or their effect on us or our financial position. The assessment of the outcome of any legal proceeding, including our potential liability, if any, is a highly subjective process that requires judgments about
future events that are not within our control. In addition, defense and settlement costs for any legal proceeding can be substantial, even with respect to claims that have no merit. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>The Company has filed a registration statement (including the Preliminary Prospectus Supplement and accompanying prospectus) with the Securities and
Exchange Commission (the &#147;SEC&#148;) for the offering to which this communication relates.&nbsp;Before you invest, you should read the prospectus in that registration statement and other documents the Company has filed with the SEC for more
complete information about the Company and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, a copy of the Preliminary Prospectus Supplement and accompanying prospectus may be
obtained by contacting William Blair&nbsp;&amp; Company, L.L.C., Attention: Prospectus Department, 150 North Riverside Plaza, Chicago, Illinois 60606, by telephone at (800) <FONT STYLE="white-space:nowrap">621-0687</FONT> or by email at
prospectus@williamblair.com. </B></P>
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