regulatory
confidence high
sentiment negative
materiality 0.70
REMARK HOLDINGS, INC.: Nasdaq/NYSE listing notice — Remark Holdings fails to hold annual meeting, risks Nasdaq delisting under Rule 5620(a)
REMARK HOLDINGS, INC.
- Attempted annual meetings on Dec 6, Dec 29, 2023, and Jan 8, 2024; all lacked quorum.
- Failed to hold meeting within 12 months of Dec 31, 2022 fiscal year end, violating Nasdaq Rule 5620(a).
- Company intends to hold a stockholder meeting as soon as practicable and will provide public notice.
- Nasdaq may initiate delisting proceedings for common stock (MARK) if noncompliance continues.