Delisting Determination, The Nasdaq Stock Market, LLC, April 9, 2024,
Remark Holdings, Inc.
The Nasdaq Stock Market LLC (the Exchange) has determined to remove
from listing the securities of Remark Holdings, Inc., effective at
the opening of the trading session on April 19, 2024.
Based on review of information provided by the Company, Nasdaq Staff
determined that the Company no longer qualified for listing on the
Exchange pursuant to Listing Rule 5550(b)(3).
The Company was notified of the Staff determination on October 26,
2023. On November 2, 2023, the Company exercised its right to appeal
the Staff determination to the Listing Qualifications Hearings Panel
(Panel) pursuant to Listing Rule 5815.
On January 16, 2024, the Company received an additional delist
determination for its failure to meet the Annual Shareholder Meeting
requirement.
On February 12, 2024, upon review of the information provided by the
Company, the Panel determined to deny the Company request for
continued listing. The Company securities were suspended effective
on February 14, 2024. The Company did not appeal the Panel decision
to the Nasdaq Listing and Hearing Review Council (Council) and the
Council did not call the matter for review. The Staff determination
to delist the Company became final on March 28, 2024.