Remark Holdings Adjourns Annual Shareholder Meeting Until July 5, 2022
Remark Holdings, Inc. (NASDAQ: MARK) announced the adjournment of its annual shareholder meeting to July 5, 2022, at 1:00 p.m. ET, to secure the necessary quorum for conducting business. The company focuses on delivering advanced AI solutions and operates digital media properties. Its headquarters are in Las Vegas, Nevada, with additional operations globally. The press release also contains forward-looking statements about potential risks and uncertainties affecting the company’s future financial performance.
- The company is expanding its AI solutions across various sectors like retail and public safety.
- Remark Holdings operates in multiple locations, enhancing its global presence.
- The need to adjourn the meeting may indicate difficulties in achieving quorum, which could signal shareholder disengagement.
LAS VEGAS, June 30, 2022 /PRNewswire/ -- Remark Holdings, Inc. (NASDAQ: MARK), a diversified global technology company with leading artificial intelligence ("AI") solutions and digital media properties, today announced the adjournment of its annual shareholder meeting until Tuesday, July 5, 2022 at 1:00 p.m. ET, to provide additional time to solicit votes to reach a quorum and conduct business.
Remark Holdings, Inc. (NASDAQ: MARK) delivers an integrated suite of AI solutions that enable businesses and organizations to solve problems, reduce risk and deliver positive outcomes. The company's easy-to-install AI products are being rolled out in a wide range of applications within the retail, public safety and workplace arenas. The company also owns and operates an e-commerce digital media property focused on a luxury beach lifestyle. The company's corporate headquarters and U.S. operations are based in Las Vegas, Nevada, and it also maintains operations in London, England and Shanghai, China. The operations of the variable interest entities that the company consolidates are headquartered in Chengdu, China with additional operations in Hangzhou. For more information, please visit the company's website at www.remarkholdings.com.
This press release may contain forward-looking statements, including information relating to future events, future financial performance, strategies, expectations, competitive environment and regulation. Words such as "may," "should," "could," "would," "predicts," "potential," "continue," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," and similar expressions, as well as statements in future tense, identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, including those discussed in Part I, Item 1A. Risk Factors in Remark Holdings' Annual Report on Form 10-K and Remark Holdings' other filings with the SEC. Any forward-looking statements reflect Remark Holdings' current views with respect to future events, are based on assumptions and are subject to risks and uncertainties. Given such uncertainties, you should not place undue reliance on any forward-looking statements, which represent Remark Holdings' estimates and assumptions only as of the date hereof. Except as required by law, Remark Holdings undertakes no obligation to update or revise publicly any forward-looking statements after the date hereof, whether as a result of new information, future events or otherwise.
Company Contacts
Fay Tian
Vice President of Investor Relations
F.Tian@remarkholdings.com
(+1) 626-623-2000
(+86) 13702108000
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SOURCE Remark Holdings, Inc.
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