secwatch.observer — SEC 8-K summary
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Issuer:     REMARK HOLDINGS, INC. (—)
CIK:        0001368365
Form:       8-K
Filed at:   2024-01-30T23:59:59+00:00
Accession:  0001368365-24-000014
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 2.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Remark Holdings signs five-year Azure agreement with Microsoft for $80M cloud consumption
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- Remark AI will consume $80M of Microsoft Azure services over five years.
- Microsoft provides $2M in Azure cloud credits and ~$0.7M in consulting/migration credits.
- Microsoft will co-market Remark AI solutions on the Azure Marketplace.
- Board amends bylaws to reduce stockholder meeting quorum from a majority to 33.33%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1368365/000136836524000014/0001368365-24-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1368365/000136836524000014/mark-20240129.htm
  HTML page:      https://secwatch.observer/filing/0001368365-24-000014

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer