Home > Boards > US Listed > Miscellaneous > Rekor Systems Inc. (REKR)

looks like kinda like a haircut in shares

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MadeBucksOnThis   Wednesday, 03/29/17 08:29:42 PM
Re: None
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looks like kinda like a haircut in shares post Merger, my question is what will the new PPS be?

"As consideration for the Mergers, each outstanding share of the common stock, par value $0.0001 per share, of Brekford (“Brekford Common Stock”) immediately prior to the Effective Time will become convertible into and exchangeable for 1/15th of a share of common stock, par value $0.0001 per share, of Novume"

https://www.sec.gov/Archives/edgar/data/1357115/000165495417002664/bfdi_10k.htm

Adding here...MBOT
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