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HyreCar Announces Pricing of $25.85 Million Public Offering of Common Stock


Press release content from Business Wire. The AP news staff was not involved in its creation.
HyreCar Announces Pricing of $25.85 Million Public Offering of Common Stock
February 4, 2021 GMT
LOS ANGELES (BUSINESS WIRE) Feb 4, 2021
HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for ridesharing, food, and package delivery services, today announced the pricing of its previously announced underwritten public offering of 2,200,000 shares of common stock of the company at a price to the public of $11.75 per share. HyreCar expects to receive aggregate gross proceeds of approximately $25.85 million from the offering. In addition, HyreCar has granted the underwriters a 30-day option to purchase up to 330,000 additional shares of common stock at the public offering price, less underwriting discounts and commissions. The offering is expected to close on or about February 8, 2021, subject to customary closing conditions. ....

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Rekor Systems, Inc. Announces Proposed Public Offering of Common Stock


Rekor Systems, Inc. Announces Proposed Public Offering of Common Stock
COLUMBIA, MD / ACCESSWIRE / February 4, 2021 / Rekor Systems, Inc. (NASDAQ:REKR) ( Rekor or the Company ), a Maryland-based company providing real-time roadway, customer and public safety intelligence to enable AI-driven decisions, today announced that it has commenced a proposed underwritten public offering of common stock of the Company. In addition, Rekor expects to grant the underwriters of the offering a 30-day option to purchase additional shares of common stock at the public offering price, less underwriting discounts and commissions. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. ....

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