regulatory
confidence high
sentiment negative
materiality 0.80
REMARK HOLDINGS, INC.: Nasdaq/NYSE listing notice — Remark Holdings receives Nasdaq delisting notice for missing annual meeting; hearing Feb 1
REMARK HOLDINGS, INC.
- Received Nasdaq letter Jan 16, 2024 for non-compliance with Listing Rule 5620(a) requiring annual meeting within 12 months of fiscal year end.
- Cannot submit compliance plan due to prior delisting notice from Oct 26, 2023; Panel will consider at hearing on Feb 1, 2024.
- Company intends to hold stockholder meeting as soon as practicable.
- No immediate effect on listing but subject to continued listing requirements and Panel's delisting decision.