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Remark Holdings Adjourns Special Shareholder Meeting Until November 4, 2020

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Remark Holdings, Inc. (NASDAQ: MARK) announced the adjournment of its special shareholder meeting to November 4, 2020, in order to solicit additional votes for reaching a quorum. This decision is aimed at ensuring that the meeting can proceed with sufficient participation to conduct business effectively. The company specializes in providing integrated AI solutions across various sectors including retail, finance, and public safety.

Positive
  • Adjournment allows for increased participation in the shareholder meeting.
  • Remark Holdings delivers a diverse suite of AI solutions aiding various industries.
Negative
  • Adjournment may indicate initial difficulties in securing a quorum.

LAS VEGAS, Oct. 21, 2020 /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 November 4, 2020, to provide time to solicit additional 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, financial, public safety and workplace arenas. The company also owns and operates digital media properties that deliver relevant, dynamic content and e-commerce solutions. 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 http://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) 12702108000

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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 has been adjourned to November 4, 2020.

Why was the special shareholder meeting adjourned?

It was adjourned to allow more time to solicit additional votes to reach a quorum.

What does Remark Holdings specialize in?

Remark Holdings specializes in artificial intelligence solutions for various sectors.

What is the stock symbol for Remark Holdings?

The stock symbol for Remark Holdings is MARK.

REMARK HOLDINGS INC

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5.60M
50.45M
2.57%
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9.03%
Software - Infrastructure
Technology
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United States of America
Las Vegas