Remark Hlds

Remark Holdings, Inc. is a technology-focused company that develops and deploys artificial intelligence (AI) products and AI-based solutions for businesses in various industries. It operates through its Technology and Data Intelligence segment, which provides products and services based on collected and processed data by using KanKan, a data intelligence platform that offers AI-based vision products, computing devices, and software-as-a-service products for the financial, retail, entertainment, education, and workplace and public safety industries. It also operates various digital media properties that deliver content in various verticals, including travel and entertainment, such as lodging, air travel, show tickets, and tour through its websites. In addition, the company sells financial-technology products and services, as well as advertising services through its websites. The company was founded on March 14, 2006 and is headquartered in Las Vegas, NV.

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Remark Hlds reports Q1 losses but sees growth opportunities ahead

Remark Hlds faces financial challenges with revenue decrease, operating loss, and a significant net loss in Q1 2024, driven by cost management issues.
Despite financial setbacks, the company shows strengths in securing notable contracts, forming key partnerships, and gaining industry recognition for its AI solutions.
Opportunities lie in revenue growth potential from contracts and collaborations, expanding market reach through partnerships, and enhancing visibility at industry events.

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Remark AI's Platform Controls, Analyzes And Manages Video Feeds From Drone Fleets In The Military, Police And Package Delivery Spaces Enters A Military Drone And Accessories Market Currently Estimated At More Than $15 Billion And Projected To Grow To More Than $33 Billion Over The Next Decade LAS VEGAS, NV / ACCESSWIRE / November 26, 2024 / Remark Holdings, Inc. (OTCQX:MARK), a leading provider of AI-powered computer vision analytics, smart city, and smart agent solutions announces the release of its Drone Video Analytics ("DVA") platform which allows customers to control, analyze and manage video feeds from drone fleets in real time using Remark AI's proprietary computer vision technologies, with the ease of one comprehensive drone video management platform. The DVA platform expands upon Remark AI's current capabilities of processing real-time video analytics from any legacy digital camera feed from multiple locations and form factors including mobile sentry units, fixed-pole cameras, and robotics on one dashboard.

Remark AI Announces Real-Time Drone Video Analytics Platform

As many as 750,000 Preferred Stock Shares Will be Sold at $100.00 Each, with 30% of Sales Proceeds being Segregated to Secure Payment of Two Years of Dividends LAS VEGAS, NV / ACCESSWIRE / November 18, 2024 / Remark Holdings, Inc. (OTCQX:MARK), a leading provider of artificial intelligence computer vision solutions, today is launching a $75 million offering of its Series B 15% Cumulative Redeemable Perpetual Preferred Stock. The Series B preferred stock pays a dividend of 15% per annum on a quarterly basis, with 30% of the proceeds of each sale of the Series B preferred stock being segregated to secure payment of the first two years of the dividend.

Remark Holdings Uses Regulation A to Offer $75 Million of Cumulative Redeemable Perpetual Preferred Stock Paying 15% Dividend

Intel

LAS VEGAS , Sept. 17, 2024 /PRNewswire/ -- Remark Holdings, Inc. (OTCQX: MARK), a leading provider of AI-powered computer vision analytics, smart city, and smart agent solutions and a member of the Intel Partner Alliance (NASDAQ: INTC), today announced that Remark AI's Smart Safety Platform (SSP) has been successfully optimized for the Intel Architecture.

Remark AI Successfully Optimized on Intel Architecture

LAS VEGAS , Sept. 9, 2024 /PRNewswire/ -- Remark Holdings, Inc. (OTCQX: MARK), a leading provider of AI-powered computer vision analytics, smart city, and smart agent solutions and a member of Oracle PartnerNetwork (OPN), today announced it will be presenting its AI offerings including the Smart Safety Platform (SSP), Fire and Smoke, Smart City, and Smart Agent solutions at Oracle World 2024 taking place (September 9th-12th) alongside Oracle (NYSE:ORCL) and NVIDIA (NASDAQ:NVDA) as part of the Data and AI Pavillion accelerated by NVIDIA, at the Venetian Conference and Expo Center in Las Vegas.

Remark Holdings to present at Oracle Cloud World 2024 as part of the Data and AI Pavilion accelerated by NVIDIA

Remark Holdings, Inc. (OTCQX:MARK) Q2 2024 Earnings Conference Call August 19, 2024 4:30 PM ET Company Participants Fay Tian - VP of IR Kai-Shing Tao - Chairman and CEO Todd Brown - Vice President of Finance Operator Good day, and welcome to the Remark Holdings Second Quarter 2024 Financial Results Call. All participants will be in a listen-only mode.

Remark Holdings, Inc. (MARK) Q2 2024 Earnings Call Transcript

Total Revenue for Q2 2024 Increased Sequentially by $3.3 Million, an 856% improvement over Q1 2024, and 16.8% Year over Year versus Q2 2023 as Revenue from North America  Scaled Rapidly LAS VEGAS , Aug. 19, 2024 /PRNewswire/ -- Remark Holdings, Inc. (OTCQX: MARK), a leading provider of artificial intelligence solutions, today announced its financial results for its second quarter fiscal 2024 ended June 30, 2024. For complete details of the consolidated financial statements and accompanying management's discussion and analysis, please see Remark's filings with the SEC (www.sec.gov).

Remark Holdings Announces Second Quarter 2024 Financial Results

LAS VEGAS , Aug. 15, 2024 /PRNewswire/ -- Remark Holdings, Inc. (OTCQX: MARK), a leading provider of artificial intelligence solutions, today announced the company's conference call to review financial results for its fiscal second quarter ended June 30, 2024, will be held on Monday, August 19, 2024, at 4:30 p.m. Eastern time.

Remark Holdings Sets Second Quarter 2024 Financial Results Call for August 19, 2024, at 4:30 p.m. ET

Remark Holdings and Mudrick enter into an agreement that allows for the exchange of Mudrick's currently non-convertible notes payable from Remark for convertible notes payable that allow Mudrick to participate in Remark's equity upside Mudrick can convert the current $19 million of debt and accrued interest into Remark's common stock reducing the debt on Remark's balance sheet LAS VEGAS , Aug. 7, 2024 /PRNewswire/ -- Remark Holdings, Inc. (OTCQX: MARK), a leading provider of AI-powered computer vision analytics, smart city, and smart agent solutions today announced that it has entered into a debt exchange agreement with Mudrick Capital Management L.P. that resolves Remark's events of default concerning the existing non-convertible notes payable that the company issued to Mudrick by exchanging such non-convertible notes payable for notes payable convertible into shares of the company's common stock reducing the debt on Remark's balance sheet.

Remark Holdings Enters into Debt Exchange Agreement with Mudrick Capital Management, L.P., Resolving All Previous Default Issues

Remark Holdings, Inc. (OTC:MARK) Q1 2024 Earnings Conference Call May 20, 2024 4:30 PM ET Company Participants Fay Tian - VP of IR Kai-Shing Tao - Chairman and CEO Todd Brown - VP of Finance Conference Call Participants Operator Hello, and welcome to the Remark Holdings Inc. First Quarter 2024 Financial Results Conference Call. All participants will be in listen-only mode.

Remark Holdings, Inc. (MARK) Q1 2024 Earnings Call Transcript

LAS VEGAS , May 20, 2024 /PRNewswire/ -- Remark Holdings, Inc. (OTCQX: MARK), a leading provider of artificial intelligence solutions, today announced its financial results for its quarter ended March 31, 2024. For complete details of the consolidated financial statements and accompanying management's discussion and analysis, please see Remark's filings with the SEC (www.sec.gov).

Remark Holdings Announces First Quarter 2024 Financial Results

LAS VEGAS , May 16, 2024 /PRNewswire/ -- Remark Holdings, Inc. (OTCQX: MARK), a leading provider of artificial intelligence solutions, today announced the company's conference call to review financial results for its fiscal first quarter ended March 31, 2024, will be held on Monday, May 20, 2024, at 4:30 p.m. Eastern time.

Remark Holdings Sets First Quarter 2024 Financial Results Call for May 20, 2024, at 4:30 p.m. ET

LAS VEGAS , May 13, 2024 /PRNewswire/ -- Remark Holdings, Inc. (OTCQX: MARK), a leading provider of AI-powered computer vision analytics, smart city, and smart agent solutions and a member of Oracle PartnerNetwork (OPN), today announced it will be presenting its Fire and Smoke, Smart City, and Smart Agent solutions at the NYC Smart City Expo (May 22 - 23) alongside Oracle (ORCL) and NVIDIA (NVDA). A conference panel led by Jumbi Edulbehram, PhD, Director of Global Business Development for Smart Cities and Spaces at NVIDIA will feature Joel Golub, Industry Executive Director, Local Government, for Oracle and Kai-Shing Tao, Chief Executive Officer for Remark Holdings, regarding the current use cases requested by cities to improve the citizen experience as well as operational solutions.

Remark Holdings to present at NYC Smart City Expo with Oracle and Nvidia

LAS VEGAS , May 7, 2024 /PRNewswire/ -- Remark Holdings, Inc. (OTCQX: MARK), a leading provider of artificial intelligence solutions, today announced that the Clark County School District Board of Trustees, by unanimous vote at the April 25th board meeting, has formally approved and awarded to Remark Holdings, Alliance Technology Group, and Mcintosh Communications a one-year weapons detection contract with an estimated value of $5 million. The contract also includes nine one-year options to extend at $5 million per year.

Clark County School District Board of Trustees formally approves, by unanimous vote, the awarding of a weapons detection contract to Remark Holdings, Alliance Technology Group, and Mcintosh Communications worth $5 million per year over a period of as many

Remark Holdings, Inc. (OTC:MARK) Q4 2023 Earnings Conference Call April 15, 2024 4:30 PM ET Company Participants Fay Tian - Vice President of Investor Relations Kai-Shing Tao - Chairman and CEO Todd Brown - Vice President of Finance Operator Good day, and welcome to the Remark Holdings Fiscal 2023 Financial Results Conference Call. All participants will be in listen-only mode.

Remark Holdings, Inc. (MARK) Q4 2023 Earnings Call Transcript

LAS VEGAS , April 15, 2024 /PRNewswire/ -- Remark Holdings, Inc. (OTCQX: MARK), a diversified global technology company with leading artificial intelligence ("AI") powered computer vision solutions, today announced its financial results for the fiscal year ended December 31, 2023. For complete details of the consolidated financial statements and accompanying management's discussion and analysis, please see Remark's filings with the SEC ( www.sec.gov ).

Remark Holdings Announces Fiscal Year 2023 Financial Results

LAS VEGAS , April 8, 2024 /PRNewswire/ -- Remark Holdings, Inc. (OTCQX: MARK), a diversified global technology company with leading artificial intelligence ("AI") powered computer vision solutions, today announced the company's conference call to review financial results for its fiscal year ended December 31, 2023, will be held on Monday, April 15th, 2024, at 4:30 p.m. Eastern time.

Remark Holdings Sets Fiscal Year 2023 Financial Results Call for April 15, 2024, at 4:30 p.m. ET

Current safety inspection failures and supply chain disruptions experienced by Boeing and its airline customers create a natural demand for AI to improve safety performance by maintenance crews. Top ten global airline has adopted and implemented the Aviation Safety Platform after eighteen months of rigorous testing.

Remark AI Launches its Large Multimodal Model (LMM) AI-Powered Aviation Safety Platform (ASP)

Five-Year Agreement expected to drive $240 million AI Business for Remark by 2029 Remark's AI Video Analytics (RVA) Platform to be sold and marketed in Microsoft Azure Marketplace Remark will utilize Microsoft's Azure Cloud and GPU Services for the Inference and Training of its Proprietary AI Models culminating in an Accelerated Deployment of AI Services and Empowerment of Industry Transformation LAS VEGAS , Feb. 29, 2024 /PRNewswire/ -- Remark Holdings, Inc. (OTC: MARK), a leading provider of artificial intelligence solutions, today announced it has signed a cloud services agreement with Microsoft, to deliver cloud services via Microsoft Azure to Remark over the next five years. This collaboration allows Remark to rapidly broaden its sales and marketing through the Microsoft Azure Marketplace, providing institutional credibility for prospective IT departments' approval, as well as rapidly scaling Remark's AI inference and training models.

Remark Holdings Enters into Cloud Services Agreement with Microsoft

LAS VEGAS , Feb. 15, 2024 /PRNewswire/ -- Remark Holdings, Inc. (OTC: MARK), a diversified global technology company with leading artificial intelligence ("AI") solutions and video analytics, today announced that its shares of common stock (the "Shares"), began trading on the OTC Pink Market under the symbol MARK effective at the opening of trading on Wednesday, February 14, 2024. Existing shareholders of Remark Holdings, Inc. ("Remark") will now find the Shares quoted on the OTC Pink Market and freely tradable without any further action needed.

Remark Holdings Announces Listing on OTC Pink Market

Remark (NASDAQ: MARK ) stock is falling on Wednesday as the company's shares come off a rally yesterday following a deal with Microsoft (NASDAQ: MSFT ). Remark revealed a five-year partnership with Microsoft yesterday that covers cloud services and marketing.

Why Is Remark (MARK) Stock Down 45% Today?

LAS VEGAS , Dec. 29, 2023 /PRNewswire/ -- Remark Holdings, Inc. (Nasdaq: MARK), a diversified global technology company with leading artificial intelligence ("AI") powered computer vision solutions, today announced the adjournment of its annual shareholder meeting until Monday, January 8, 2024 at 1:00 p.m. ET, to provide additional time to solicit votes to reach a quorum and conduct business.

Remark Holdings Adjourns Annual Shareholder Meeting UntilJanuary 8, 2024

LAS VEGAS , Dec. 6, 2023 /PRNewswire/ -- Remark Holdings, Inc. (Nasdaq: MARK), a diversified global technology company with leading artificial intelligence ("AI") powered computer vision solutions, today announced the adjournment of its annual shareholder meeting until Friday, December 29, 2022 at 1:00 p.m. ET, to provide additional time to solicit votes to reach a quorum and conduct business.

Remark Holdings Adjourns Annual Shareholder Meeting Until December 29, 2023

LAS VEGAS , Nov. 30, 2023 /PRNewswire/ -- Remark Holdings, Inc. (Nasdaq: MARK), a diversified global technology company with leading artificial intelligence ("AI") powered computer vision solutions, today announced the release of version 1.0 of its Airline Engine Safety Inspection System (AESIS). Remark's AESIS is intended for use by airlines, airline maintenance teams, engine manufacturers, airplane manufacturers, aircraft leasing companies, insurance companies, regulators, etc.

Remark Holdings, Inc. Releases Version 1.0 of its AI-powered Video Analytics System for Aircraft Engine Inspections And Safety

Remark Holdings, Inc. (NASDAQ:MARK ) Q3 2023 Earnings Call Transcript November 20, 2023 7:00 AM ET Company Participants Fay Tian - Vice President of Investor Relations Kai-Shing Tao - Chairman and Chief Executive Officer Todd Brown - Vice President of Finance Conference Call Participants Operator Good day and welcome to the Remark Holdings Fiscal Third Quarter 2023 Financial Results Earnings Call. All participants will be in listen-only mode.

Remark Holdings, Inc. (MARK) Q3 2023 Earnings Call Transcript

Remark's Presentations at Key Conferences and Trade Shows via Channel Partners Such as Arrow, Intel, Nvidia, and PNY Have Led to Key Introductions to New Customers LAS VEGAS , Nov. 20, 2023 /PRNewswire/ -- Remark Holdings, Inc. (NASDAQ: MARK), a diversified global technology company with leading artificial intelligence ("AI") solutions and digital video analytics, today announced its financial results for its quarter ended September 30, 2023. For complete details of the consolidated financial statements and accompanying management's discussion and analysis, please see Remark's filings with the SEC (www.sec.gov).

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