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Nasdaq grants Rekor Systems six-month extension to regain compliance with $1.00 minimum bid price
REKRRekor Systems, Inc.
The Nasdaq Stock Market granted Rekor Systems an additional 180-calendar-day period, extending until April 26, 2027, to regain compliance with the minimum $1.00 bid price requirement under Listing Rule 5550(a)(2). This extension follows a previous notification on April 27, 2026, that the company failed to meet the requirement due to its stock trading below $1.00 for 30 consecutive business days. To regain compliance, Rekor's closing bid price must reach at least $1.00 for ten consecutive business days during this new period. Failure to comply by April 26, 2027, will result in written notification of potential delisting from the Nasdaq Capital Market under the symbol REKR. The company intends to cure the deficiency within the additional timeframe but provides no assurance of success. Rekor Systems operates as a technology provider developing AI-powered roadway intelligence and data solutions for transportation and public safety sectors.