Sec Form 13G Filing - CEDARVIEW OPPORTUNITIES MASTER FUND LP filing for Rekor Systems Inc. (REKR) - 2021-02-12

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934 (Amendment No. 1)*

 

Rekor Systems, Inc.

(Name of Issuer)

 

Common Stock, par value 0.0001 per share

(Title of Class of Securities)

 

759419104

(CUSIP Number)

  

December 31, 2020

(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

[  ] Rule 13d-1(b)

[X] Rule 13d-1(c)

[  ] Rule 13d-1(d)

 

^* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

1.	NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)   Cedarview Capital Management, LP
2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)		(a) [  ] (b) [X]
3.	SEC USE ONLY
4.	CITIZENSHIP OR PLACE OF ORGANIZATION   Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5.	SOLE VOTING POWER   0
6.	SHARED VOTING POWER   545,330*
7.	SOLE DISPOSITIVE POWER   0
8.	SHARED DISPOSITIVE POWER   545,330*
9.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON   545,330*
10.	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)		[  ]
11.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)   1.36%*
12.	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)   PN, OO, IA

 

 

1.	NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)   Cedarview Opportunities Master Fund LP
2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)		(a) [  ] (b) [X]
3.	SEC USE ONLY
4.	CITIZENSHIP OR PLACE OF ORGANIZATION   Cayman Islands
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5.	SOLE VOTING POWER   0
6.	SHARED VOTING POWER   315,000*
7.	SOLE DISPOSITIVE POWER   0
8.	SHARED DISPOSITIVE POWER   315,000*
9.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON   315,000*
10.	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)		[  ]
11.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)   0.79%*
12.	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)   CO

 

 

1.	NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)   Burton Weinstein
2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)		(a) [  ] (b) [X]
3.	SEC USE ONLY
4.	CITIZENSHIP OR PLACE OF ORGANIZATION   United States of America
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5.	SOLE VOTING POWER   123,500
6.	SHARED VOTING POWER   545,330*
7.	SOLE DISPOSITIVE POWER   123,500
8.	SHARED DISPOSITIVE POWER   545,330*
9.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON   668,830*
10.	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)		[  ]
11.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)   1.68%*
12.	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)   IN, HC

 

 

Item 1.	(a).	Name of Issuer:
		Rekor Systems, Inc.
	(b).	Address of issuer’s principal executive offices:
		7172 Columbia Gateway Drive, Suite 400
		Columbia, MD 21046
Item 2.	(a).	Name of person filing:
		Cedarview Capital Management, LP
		Cedarview Opportunities Master Fund LP
		Burton Weinstein
	(b).	Address or principal business office or, if none, residence:
		Cedarview Capital Management, LP
		One Penn Plaza
		45th Floor
		New York, New York 10119
		Cedarview Opportunities Master Fund LP
		c/o Cedarview Capital Management, LP
		One Penn Plaza
		45th Floor
		New York, New York 10119
		Burton Weinstein
		c/o Cedarview Capital Management, LP
		One Penn Plaza
		45th Floor
		New York, New York 10119
	(c).	Citizenship:
		Cedarview Capital Management, LP – Delaware
		Cedarview Opportunities Master Fund LP. – Cayman Islands
		Burton Weinstein – United States of America
	(d).	Title of class of securities:
		Common Stock, par value 0.0001 per share
	(e).	CUSIP No.:
		759419104

 

 

Item 3.	If This Statement is filed pursuant to §§.240.13d-1(b) or 240.13d-2(b), or (c), check whether the person filing is a
		N/A
Item 4.	Ownership.
	Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
	(a)	Amount beneficially owned:
			Cedarview Capital Management, LP – 545,330*
			Cedarview Opportunities Master Fund LP – 315,000 *
			Burton Weinstein – 668,830*
	(b)	Percent of class:
			Cedarview Capital Management, LP – 1.36%*
			Cedarview Opportunities Master Fund LP – 0.79%*
			Burton Weinstein – 1.68%*
	(c)	Number of shares as to which the person has:
		(i)	Sole power to vote or to direct the vote
			Cedarview Capital Management, LP – 0
			Cedarview Opportunities Master Fund LP – 0
			Burton Weinstein – 123,500
		(ii)	Shared power to vote or to direct the vote
			Cedarview Capital Management, LP – 545,330*
			Cedarview Opportunities Master Fund LP – 315,000 *
&# xA0;			Burton Weinstein – 668,830*
		(iii)	Sole power to dispose or to direct the disposition of
			Cedarview Capital Management, LP – 0
			Cedarview Opportunities Master Fund LP – 0
			Burton Weinstein – 123,500
		(iv)	Shared power to dispose or to direct the disposition of
			Cedarview Capital Management, LP – 545,330*
			Cedarview Opportunities Master Fund LP – 315,000 *
			Burton Weinstein – 668,830*

 

* The Common Stock, par value 0.0001 per share, (the "Shares"), of Rekor Systems, Inc. (the "Company") reported herein are held by Cedarview Opportunities Master Fund LP and one or more private funds (together the "Funds") and certain separately managed accounts (together the “Accounts”) managed by Cedarview Capital Management, LP (the "Adviser"). The Adviser, in its capacity as the investment manager of the Funds, has the power to vote and the power to direct the disposition of all Shares held by the Funds. Accordingly, for the purposes of Reg. Section 240.13d-3, the Adviser may be deemed to beneficially own an aggregate of 545,330 Shares, or 1.36% of the Company’s 39,844,106 Shares deemed issued and outstanding as of February 5, 2021, as disclosed in the Issuer’s Prospectus, as filed with the SEC on February 5, 2021 . Burton Weinstein is the Managing Partner of the Adviser. This report shall not be deemed an admission that the Adviser, the Funds or any other person is the beneficial owner of the securities reported herein for purposes of Section 13 of the Securities Exchange Act of 1934, as amended, or for any other purpose. Each of the reporting persons herein disclaims beneficial ownership of the Shares reported herein except to the extent of the reporting person’s pecuniary interest therein.

 

 

Item 5.	Ownership of Five Percent or Less of a Class.
	If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [X].
Item 6.	Ownership of More Than Five Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
	N/A
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company or control person has filed this schedule, pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company or control person has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
	N/A
Item 8 .	Identification and Classification of Members of the Group.
	If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identity of each member of the group.
	N/A
Item 9.	Notice of Dissolution of Group.
	Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5.
	N/A
Item 10.	Certification.
	By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Dated: February 12, 2021

 

	Cedarview Capital Management, LP
	By:	/s/ Burton Weinstein
		Burton Weinstein, Managing Partner
	Cedarview Opportunities Master Fund LP
	By:	/s/ Burton Weinstein
		Burton Weinstein, Managing Member of Cedarview GP, LLC, its General Partner
	Burton Weinstein
	By:	/s/ Burton Weinstein
		Burton Weinstein, Individually

 

The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative’s authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.

 

Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See s.240.13d-7 for other parties for whom copies are to be sent.

 

Attention. Intentional misstatements or omissions of fact constitute Federal criminal violations (see 18 U.S.C. 1001).