Remark Holdings, Inc. (MARK) Earnings Call Transcript & Summary

Hello and welcome to the special meeting of Stockholders for Remark Holdings, Inc. Please note that today's meeting is being recorded. It is now my pleasure to turn the meeting over to Brian Harvey, Senior Vice President of Capital Markets and Investor Relations of Remark Holdings, Inc. Mr. Harvey, the floor is yours.

Thank you, and good morning, everybody. I'm Brian Harvey, Senior Vice President of Capital Markets and Investor Relations for Remark Holdings, and welcome back to the company's special meeting of stockholders. On this call with me today is Remark's Chairman and Chief Executive Officer, Kai-Shing Tao. The Inspector of Election has polled the stockholders present in person and has examined the proxies. Her report of stockholders represented at this meeting has been submitted, and it indicates that holders of shares in excess of the number necessary to constitute a quorum are not present in person or represented by proxy. This report will be available for inspection throughout this meeting and will be appended to the minutes of this meeting. Having reported that a quorum is not present for the transaction of business, we will further adjourn this meeting until Thursday, July 8, 2021, at 1:00 p.m. Eastern Time in order to solicit the additional votes necessary to achieve a quorum and conduct business. First of all, I would like to once again thank those shareholders that took the time to vote and reach out to me for additional information on how to vote. For those who haven't yet voted, we continue to engage InvestorCom to assist in soliciting proxies on our behalf. If you need assistance voting your shares, please call 1 (866) 695-6078, our toll free number. Management and the Board believe that it is in our best interest and that of our stockholders to increase the number of authorized shares of common stock in order to give us sufficient authorized shares to generally support our growth and provide flexibility for future corporate needs. We will reconvene on Thursday, July 8, 2021, at 1:00 p.m. Eastern Time. Thank you, and have a great afternoon now.

This concludes the meeting. You may now disconnect.