UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of Earliest Event Reported): July 20, 2020

 

Remark Holdings, Inc.

(Exact Name of Registrant as Specified in Its Charter)
     
Delaware 001-33720 33-1135689
(State or Other Jurisdiction
of Incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
     
800 S. Commerce Street, Las Vegas, NV 89106
(Address of Principal Executive Offices) (Zip Code)

 

Registrant’s Telephone Number, Including Area Code: 702-701-9514

 

 
(Former Name or Former Address, If Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) 

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class Trading Symbol(s) Name of Each Exchange on Which Registered
Common Stock, $0.001 par value per share MARK

The NASDAQ Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

On July 20, 2020, Remark Holdings, Inc. (“Remark”, “we”, “us” or “our”) executed and filed a Certificate of Elimination of Series A Junior Participating Preferred Stock, par value $0.001 per share (the “Junior Preferred Stock”), with the Secretary of State of Delaware, thereby removing the Certificate of Designation of the Junior Preferred Stock from our Amended and Restated Certificate of Incorporation, as amended. The Certificate of Elimination became effective upon filing. The Junior Preferred Stock was created pursuant to a Tax Benefit Preservation Plan, dated as of June 4, 2015, between us and Computershare Inc., as rights agent (the “Rights Agreement”). The Rights Agreement expired in accordance with its terms on June 4, 2018 and was not renewed. No shares of the Junior Preferred Stock were issued or outstanding upon filing of the Certificate of Elimination. A copy of the Certificate of Elimination is attached hereto as Exhibit 3.1 and is incorporated into this Item 5.03 by reference.

Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.

 


Exhibit Number
  Description
   
3.1   Certificate of Elimination filed with the Secretary of State of Delaware on July 20, 2020.

 

 

Signature

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

        Remark Holdings, Inc.
         
Date: July 20, 2020   By:  /s/ Kai-Shing Tao
      Name:  Kai-Shing Tao
      Title:  Chief Executive Officer

 

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