Zalemark Holding Provides Update on Potential Acquisition and Financial Review Process

Zalemark Holding Inc. Provides Update on Potential Acquisition and Financial Review Process

Pickering, Ontario, Canada – February 27, 2024 – Zalemark Holding, a trusted investment company, today provided an update on its ongoing efforts to ensure operational stability and transparency amidst a potential acquisition and financial review process.

The current management team is diligently working to maintain the company's operations and uphold its commitment to stakeholders during this period of transition. While the potential acquisition is still underway, the management team is dedicated to navigating this process with careful consideration and thorough analysis.

As part of our commitment to transparency and financial integrity, a comprehensive review of financial statements is currently in progress. Due to the complexity of this task, the review is taking longer than anticipated. This extended timeline is necessary to ensure accuracy and reliability in our financial reporting.

During the review process, concerns have arisen regarding financial reports from the previous management team. In response, the current management team, in collaboration with our trusted accounting firm, is meticulously tracing all records back to verify the accuracy of the data.

We understand the importance of timely and transparent communication with our shareholders and the public. While we recognize the patience required during this process, we assure you that we are working diligently to address these concerns and provide a comprehensive update as soon as possible.

"We appreciate the patience and understanding of our stakeholders as we navigate through this important phase," said Yang, CEO at Zalemark Holding. "Rest assured, we are fully committed to upholding the highest standards of corporate governance and financial transparency."

Zalemark Holding will continue to provide updates on the progress of the potential acquisition and financial review process as new information becomes available.

FORWARD LOOKING STATEMENT

This news release includes forward-looking statements that reflect Zalemark Holding Co. Inc.'s current expectations about its future results, performance, prospects and opportunities. Zalemark Holding Co. Inc. has tried to identify these forward-looking statements by using words and phrases such as "may", "will", "expects", "anticipates", "believes", "intends", "estimates", "should", "great", "we are confident" or similar expressions. These forward-looking statements are based on information currently available to Zalemark Holding Co., Inc. and are subject to a number of risks, uncertainties and other factors that could cause the Company's actual results, performance, prospects of opportunities in the remainder of 2024 and beyond, to differ materially from those expressed in, or implied by, these forward-looking statements.

Contact: [email protected]