Remark Holdings Uses Regulation A to Offer $75 Million of Cumulative Redeemable Perpetual Preferred Stock Paying 15% Dividend
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Remark Holdings, Inc. is launching a $75 million offering of Series B 15% Cumulative Redeemable Perpetual Preferred Stock, with 30% of proceeds secured for two years of dividends.
November 18, 2024 | 3:15 pm
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Remark Holdings is offering $75 million in Series B Preferred Stock with a 15% annual dividend, securing 30% of proceeds for two years of dividends.
The offering of Series B Preferred Stock with a high 15% dividend is likely to attract investors, potentially increasing demand for MARK shares. The security of dividend payments for two years further enhances the attractiveness of this offering.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100