ROGERS, Ark., June 14, 2018 (GLOBE NEWSWIRE) -- Ecoark Holdings, Inc. (“Ecoark”), to be renamed Zest Technologies, Inc., (OTCQX:ZEST), an AgTech company focused on solutions that reduce food waste and improve product margins, today announced that it will file its Fiscal Year 2018 10-K on June 29, 2018 with the Securities and Exchange Commission with a permissible extension allowed for companies that need additional time. The extension was filed to support the additional time needed to complete the reclassification of the previously announced divestitures of the key assets of Pioneer Products, LLC, its subsidiary Sable Polymer Solutions, LLC, as well as the assets of Magnolia Solar, Inc., to discontinued operations. Also, expanded disclosures are required in the 10-K following the filing of the Company’s transition report on Form 10-QT required by the change in its fiscal year end from December 31 to March 31.
About Ecoark Holdings, Inc.
Ecoark Holdings, Inc., to be renamed Zest Technologies, Inc., (OTCQX:ZEST) is focused on improving the agriculture and supply chain industries through innovative AgTech solutions for growers, processors, ranchers, restaurants and retail grocers. The Company offers a suite of proven solutions that address the $161 billion fresh food waste problem, improve delivered freshness, and provide true transparency for the fresh produce, meat and seafood supply chains. To learn more about Zest Labs, please click here. To watch a video about Zest Fresh, please click here.
Forward-Looking Statements Disclaimer
This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations and statements relating to our expectations regarding the completion of the proposed registered offering. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern; adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Other factors that may cause such a difference include, without limitation, risks and uncertainties related to market and other conditions, the satisfaction of customary closing conditions related to the proposed registered offering and the impact of general economic, industry or political conditions in the United States or internationally. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.
Contacts
Investor Relations:
John Mills
ICR
646-277-1254
John.Mills@icrinc.com
Public Relations:
Greg Wood
Zeno Group for Zest Labs
650-801-7958
Greg.Wood@zenogroup.com