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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EDINBURGH, Scotland , Feb. 23, 2023 /PRNewswire/ -- Remark Holdings, Inc. (Nasdaq: MARK), a diversified global technology company with leading artificial intelligence ("AI")-powered computer vision solutions, today announced its successful trial with the city of Edinburgh, Scotland, in utilizing its AI-powered Smart Safety Platform ("SSP") to manage occupancy and traffic during the Hogmanay Festivities. For over 30 years, Edinburgh's Hogmanay Concert has welcomed some of the world's biggest acts to perform at the world-famous Street Party on New Year's Eve.

Remark Holdings, Inc. Smart Safety Platform ("SSP") provides AI-powered video analytics to help the city of Edinburgh, Scotland, manage the New Year's Eve crowd traffic during the Hogmanay Festivities

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LONDON , Feb. 16, 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 3.0 of its innovative and extensible video analytics solution, Smart Safety Platform ("SSP"). The latest release added features that include weapons, smoke, and fire detection with actionable intelligence.

Remark Holdings, Inc. releases version 3.0 of its AI-powered video analytics platform to include weapons, smoke, and fire detection modules

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Will lead the sales, deployment, and installation of Remark's AI-powered Smart Safety Platform ("SSP") and Smart Sentry Products in the Latin American region including Mexico and South America LAS VEGAS , Feb. 7, 2023 /PRNewswire/ -- Remark Holdings, Inc. (Nasdaq: MARK), a diversified global technology company with the leading artificial intelligence ("AI") powered computer vision solutions, today announced that Omar Castro had joined the company as Director of Latin American Sales and Business Development, where he is leading the sales, deployment, and installation of Remark's Smart Safety Platform and Smart Sentry Products among the many clients he has successfully worked with in the airport, mining, public safety, retail, and transportation sectors. Omar brings the rare twin skills of technical prowess and business development.

Omar Castro joins Remark Holdings, Inc. as Director of Latin American Sales and Business Development

LONDON , Jan. 27, 2023 /PRNewswire/ -- Remark Holdings, Inc. (Nasdaq: MARK), a diversified global technology company with leading artificial intelligence ("AI") -powered computer vision solutions, today announced its latest partnership with AAEON, a leader in AI-Edge computing.This partnership signifies the importance of providing market-ready solutions for creating smart cities requiring vision solutions for increased public safety, situational awareness, and behavior analysis. "We are extremely excited about this partnership.

Remark Holdings, Inc. partners with AAEON to simplify the delivery of AI-driven video analytics for a complex world

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LAS VEGAS , Jan. 12, 2023 /PRNewswire/ -- Remark Holdings, Inc. (Nasdaq: MARK), a diversified global technology company with leading artificial intelligence powered computer vision solutions, today announced that it received a letter from The Nasdaq Stock Market LLC confirming that it has regained compliance with the $1.00 minimum bid price requirement of Nasdaq Listing Rule 5550(a)(2).  Accordingly, the Nasdaq Hearings Panel has determined that the Company's common stock will continue to be listed on the Nasdaq Stock Market and as a result, considers this matter now closed.

Remark Holdings Successfully Achieves Compliance with Nasdaq Listing Requirements

Will lead the sales, deployment, and installation of Remark's Smart Safety Platform (SSP) and Smart Sentry Products in the Southwest Region including the Las Vegas and Clark County Markets LAS VEGAS , Jan. 5, 2023 /PRNewswire/ -- Remark Holdings, Inc. (NASDAQ: MARK), a diversified global technology company with leading artificial intelligence ("AI") solutions and digital media properties, today announced that Matthew McGrath has joined Remark as Director of Sales and Business Development, where he is leading the sales, deployment and installation of Remark's Smart Safety Platform (SSP) and Smart Sentry Products among the many clients he has successfully worked with in the casinos, education, law enforcement, public transportation, and retail industries, as well as the public and private outdoor venues in Las Vegas, Clark County, and the greater Southwest Region. Matthew brings 25 years of sales experience and special relationships from the electronics and physical security systems solutions, including the last eight years in security systems integration.

Matthew McGrath Joins Remark Holdings, Inc. as Director of Sales and Business Development

LAS VEGAS , Jan. 4, 2023 /PRNewswire/ -- The TSA announced that a key executive of the Remark Team – Robert Gatchell, Senior Executive Vice President of Operations, was reappointed to represent the security industry on the Surface Transportation Security Advisory Committee. The Transportation Security Administration (TSA) appointed 25 voting members to serve on the Surface Transportation Security Advisory Committee (STSAC).

The Transportation Security Administration (TSA) announces the reappointment of Robert Gatchell to its Surface Transportation Security Advisory Committee

Provides more than 400 schools and one million students with tools for comprehensive performance support LAS VEGAS , Dec. 22, 2022 /PRNewswire/ -- Remark Holdings, Inc. (NASDAQ: MARK), a diversified global technology company with leading artificial intelligence ("AI") solutions and digital video analytics, today announced that its KanKan business in China launched the Five-Education student support system as a subscription-based add-on to its Smart Campus system. The Five-Education system uses data and scenario-based precision analytics, such as functionality that monitors each student's attention span and also the engagement between teacher and student, to electronically provide comprehensive reports designed to improve and independently evaluate each student's overall academic performance.

KanKan AI Launches "Five-Education" Comprehensive Student Support System

1-for-10 Reverse Stock Split Effective December 21, 2022 for Trading December 22, 2022 LAS VEGAS , Dec. 21, 2022 /PRNewswire/ -- Remark Holdings, Inc. (Nasdaq: MARK), today announced a reverse stock split of its issued and outstanding shares of common stock at a ratio of 1-for-10 and that it had filed a Certificate of Amendment of its Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware to effect the reverse split. The reverse split will be effective after the market closes on December 21, 2022, at 5:00 p.m.

Remark Holdings Announces Reverse Stock Split

LAS VEGAS and NEW YORK , Dec. 20, 2022 /PRNewswire/ -- Remark Holdings, Inc. (Nasdaq: MARK), a diversified global technology company with leading artificial intelligence ("AI") solutions and digital video analytics, and Mudrick Capital Management, L.P., a New York-based, SEC-registered investment advisory firm with approximately three billion dollars under management, have announced their shared intention to continue their business relationship by working to reach a mutually-beneficial amendment of their existing loan agreement.

Remark Holdings and Mudrick Capital Management Announce Intention to Continue Their Business Relationship

Remark AI-Powered Smart Safety Platform and Smart Sentry Units generate detailed video analytics that provide insight into real-time large capacity crowd counts and traffic patterns LAS VEGAS , Nov. 29, 2022 /PRNewswire/ -- Remark Holdings, Inc. (NASDAQ: MARK), a diversified global technology company with leading artificial intelligence ("AI") solutions and video analytics, announced that it has partnered with the Fremont Street Experience to deploy its AI-powered Smart Safety Platform ("SSP") and Smart Sentry Units. SSP enables organizations to make real-time data-driven decisions and allows users to uncover data insights from the autonomous detection of security incidents and breaches, around the clock.

Fremont Street Experience deploys Remark AI Powered Smart Safety Platform and Smart Sentry Units to improve public safety and security for its 26 million annual visitors

Remark Holdings, Inc. (NASDAQ:MARK ) Q3 2022 Earnings Conference Call November 14, 2022 4:30 PM ET Company Participants Fay Tian - Vice President of Investor Relations Kai-Shing Tao - Chairman and Chief Executive Officer Robert Gatchell - Chief Safety and Security Officer Todd Brown - Vice President of Finance Conference Call Participants Stephen Wagner - Integrity Wealth Advisors Operator Good day, and welcome to the Remark Holdings Third Quarter 2022 Financial Results Conference Call. Today's conference is being recorded.

Remark Holdings, Inc. (MARK) Q3 2022 Earnings Call Transcript

Third Quarter Revenue increased 130% to $2.8 Million LAS VEGAS , Nov. 14, 2022 /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 the fiscal third quarter ended September 30, 2022. For complete details of the condensed consolidated financial statements and accompanying management's discussion and analysis for the three and nine months ended September 30, 2022, please see Remark's filings with the SEC (www.sec.gov).

Remark Holdings Announces Fiscal Third Quarter 2022 Financial Results

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Milestone Systems' customers now have access to Remark's AI-Powered Real Time Analytics through the Milestone Systems Marketplace, with Remark's Smart Safety Platform, integrating with Milestone Systems' XProtect® video management solution (VMS) LAS VEGAS , Nov. 3, 2022 /PRNewswire/ -- Remark Holdings, Inc. (NASDAQ: MARK), a diversified global technology company with leading artificial intelligence ("AI") solutions and video analytics, announced its integration with Milestone Systems' XProtect® platform in the Milestone Systems Marketplace. Remark's Smart Safety Platform augments a higher level of security with its application of AI-driven video analytics.

Remark Holdings Partners with Milestone Systems, joining the Milestone Systems Marketplace

LAS VEGAS , Oct. 31, 2022 /PRNewswire/ -- Remark Holdings, Inc. (NASDAQ: MARK), a diversified global technology company with leading artificial intelligence in computer vision solutions, today announced the company's conference call to review financial results for its fiscal third quarter ended September 30, 2022, will be held on Monday, Nov 14, 2022, at 4:30 p.m. Eastern time.

Remark Holdings Sets Fiscal Third Quarter 2022 Financial Results Call for Nov 14, 2022 at 4:30 p.m. ET

Brings 20 Years of marketing, sales and innovation experience from established publicly-traded companies and high-growth startup brands to Remark.  LAS VEGAS , Oct. 19, 2022 /PRNewswire/ -- Remark Holdings, Inc. (NASDAQ: MARK), a diversified global leader in AI powered video analytics, authentication technology and risk management solutions today announced that DeMeakey Williams, Sr. joins the organization as Chief Revenue Officer (CRO), where he will oversee Remark's revenue generation, brand awareness, go-to-market strategies, global communications program, demand creation and customer advocacy.

Remark Appoints Tech Entrepreneur and Global Business Leader DeMeakey Williams, Sr. as Chief Revenue Officer

Nasdaq Hearings Panel Grants Until January 11, 2023 to Meet the Minimum Bid Price Requirement LAS VEGAS , Oct. 18, 2022 /PRNewswire/ -- Remark Holdings, Inc. (Nasdaq: MARK), a diversified global technology company with leading artificial intelligence powered computer vision solutions today announced that on October 17, 2022, a Nasdaq Hearings Panel granted the company's request to continue its listing on The Nasdaq Stock Market. During the hearing, Chief Executive Officer Kai Shing Tao presented a comprehensive plan on how the company intends to fulfill Nasdaq's listing requirements based upon its future business and capital prospects.

Remark Holdings Successfully Appeals Nasdaq Delisting Notice

LAS VEGAS , Aug. 15, 2022 /PRNewswire/ -- Remark Holdings, Inc. (NASDAQ: MARK), a diversified global technology company with leading artificial intelligence ("AI") solutions and digital media properties today announced its financial results for the fiscal quarter ended June 30, 2022. For complete details of the condensed consolidated interim financial statements and accompanying management's discussion and analysis for the three and six months ended June 30, 2022, please see Remark's filings with the SEC (www.sec.gov).

Remark Holdings Announces Fiscal Second Quarter 2022 Financial Results

LAS VEGAS , Aug. 1, 2022 /PRNewswire/ -- Remark Holdings, Inc. (NASDAQ: MARK), a diversified global technology company with leading artificial intelligence ("AI") solutions and digital media properties, today announced the company's conference call to review financial results for its fiscal second quarter ended June 30, 2022, will be held on Monday, August 15, 2022, at 4:30 p.m. Eastern time.

Remark Holdings Sets Second Quarter 2022 Financial Results Call for August 15, 2022, at 4:30 p.m. ET

Companies Will Jointly Market AI Solutions Based Upon Remark's Smart Safety Platform as a Feature Set for Genetec Security Center Customers LAS VEGAS , July 11, 2022 /PRNewswire/ -- Remark Holdings, Inc. (NASDAQ: MARK), a diversified global technology company with leading artificial intelligence ("AI") solutions and digital media properties, today announced that it has been accepted as a Silver Partner in Genetec's Development Acceleration Program ("DAP"). Remark's Smart Safety Platform ("SSP"), a leading video analytics solution, is now available for Genetec's Security Center customers.

Genetec Recognizes Remark Holdings, Inc. as a Silver Partner in the Development Acceleration Program

LAS VEGAS , June 30, 2022 /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 annual shareholder meeting until Tuesday, July 5, 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 July 5, 2022

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