Rekor Systems, Inc. (REKR) has received a 180-calendar-day extension from The Nasdaq Stock Market to regain compliance with the minimum $1.00 bid price requirement. The notice has no immediate effect on the company's common stock, which will continue to trade on The Nasdaq Capital Market under the symbol "REKR".
Key Details
- New Compliance Deadline: The company has until April 26, 2027, to meet the listing standard.
- Compliance Requirement: To regain compliance, the stock's closing bid price must be at least $1.00 per share for a minimum of ten consecutive business days.
- Background: This extension follows an initial non-compliance notice issued on April 27, 2026, after the stock traded below $1.00 for 30 consecutive business days.