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Remark Holdings Adjourns Special Shareholder Meeting Until April 6, 2021

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Remark Holdings, Inc. (NASDAQ: MARK) announced the adjournment of its special shareholder meeting to April 6, 2021, at 1:00 p.m. ET. The postponement aims to allow more time for soliciting votes to achieve a quorum. Remark Holdings provides AI solutions and operates digital media properties, focusing on retail, public safety, and workplace applications. The company has headquarters in Las Vegas and additional operations in Los Angeles and various cities in China.

Positive
  • Diversified AI solutions portfolio aimed at multiple sectors.
  • Established presence in both U.S. and Chinese markets.
Negative
  • Adjournment of the shareholder meeting may indicate difficulties in achieving quorum.

LAS VEGAS, Feb. 23, 2021 /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 special shareholder meeting until Tuesday, April 6, 2021 at 1:00 p.m. ET, to provide additional time to solicit votes to reach a quorum and conduct business.

Remark Holdings, Inc. (PRNewsFoto/Remark Media, Inc.)

About Remark Holdings, Inc.

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 is headquartered in Las Vegas, Nevada, with additional operations in Los Angeles, California and in Beijing, Shanghai, Chengdu and Hangzhou, China. For more information, please visit the company's website at www.remarkholdings.com.

Forward-Looking Statements

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

E. Brian Harvey
Senior Vice President of Capital Markets and Investor Relations
Remark Holdings, Inc.
ebharvey@remarkholdings.com
702-701-9514

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.

FAQ

What is the new date for the Remark Holdings special shareholder meeting?

The special shareholder meeting for Remark Holdings has been adjourned to April 6, 2021, at 1:00 p.m. ET.

Why was the Remark Holdings shareholder meeting adjourned?

The shareholder meeting was adjourned to allow additional time to solicit votes to reach a quorum.

What is Remark Holdings' stock symbol?

Remark Holdings is listed under the stock symbol MARK.

Where is Remark Holdings headquartered?

Remark Holdings is headquartered in Las Vegas, Nevada.

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6.11M
37.00M
2.57%
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Software - Infrastructure
Technology
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United States of America
Las Vegas