展示4.1

投資者通知書

這項投資涉及高風險，只適合那些能夠承擔經濟風險並能夠承受長期經濟風險，且有能力承受全部投資損失的人。投資者應進一步了解該投資是非流動的，預計將長期保持非流動狀態。

本次所提供的證券未在1933年修改後的證券法（以下簡稱「證券法」）或任何州證券或藍天法下進行註冊，且根據證券法和州證券或藍天法的登記要求豁免規定進行提供和銷售。儘管已向證券交易委員會（以下簡稱「SEC」）提交了募集聲明文件（以下簡稱「募集聲明」），但該募集聲明不包括在證券法註冊聲明中將包含的信息。本次所提供的證券未經SEC、任何州證券委員會或其他監管機構批准或駁回，也未經上述任何機構審查與本認購協議相關的募集的優點或本認購協議的充分性或準確性，或已向擬投資者提供與本認購協議相關的任何其他材料或信息。對此表示相反的言論均爲非法。

此處提供的證券不能被出售或以其他方式轉讓，除非符合證券法規定。此外，此處提供的證券不能被出售或以其他方式轉讓，除非符合適用州證券或「藍天」法律。

爲判斷是否可以免除證券法的登記要求與本認購協議相關的發行，公司將依賴於每位投資者在本認購協議中包含的陳述和保證以及每位投資者在此提供的其他信息。

潛在投資者可能不將本認購協議、發行說明書或公司提供的其他材料（統稱爲「發行材料」），以及公司或其任何董事、員工或代理人（包括「試水」材料）的任何先前或隨後的通信視爲投資、法律或稅務建議。在作出投資決定時，投資者必須依賴於對公司及本認購協議有關的發行條款的自身檢查，包括所涉及的優點和風險。每位潛在投資者應當就涉及該投資的法律、稅務和其他相關事項徵詢其自身的律師、會計師和其他專業顧問。

發售文件可能包含前瞻性聲明和與公司、其 商業計劃、其經營策略和其行業相關的信息。這些前瞻性聲明是基於公司管理層的信念、假設和當前可獲得的信息。在發售文件中使用「估計」、「預測」、「相信」、「預期」、「打算」、「期望」及類似表達的詞語旨在識別構成前瞻性聲明的內容。這些聲明反映管理層對未來事件的當前看法，可能受到可能導致公司實際結果與前瞻性聲明中所含內容大幅不同的風險和不確定性的影響。投資者應當謹慎對待這些前瞻性聲明，這些前瞻性聲明僅於其發佈之日起有效。公司不承擔任何更新這些前瞻性聲明以反映事件或情況之後的義務，也不反映意外事件的發生。

Subscription協議

本訂閱協議（「訂閱協議」或「協議」）是由特立休控股公司（Remark Holdings, Inc.），一家特拉華州公司（「公司」），與簽署的投資者（「投資者」），於簽名頁所載日期訂立的。未在此處定義但使用的任何術語應具有發行說明書（下文定義）中規定的含義。

前言

鑑於公司正在以底二層根據證券法規A項發佈的15%累積可贖回永續優先股最高750,000股（每股「股票」，合稱「股票」）的方式進行銷售，按每股100美元（「股票購買價格」）的發行價格（「發行」），以盡力而爲。

鑑於，投資者希望以簽字頁上所載股票購買價格獲取那些股份（「標的股份」）。

鑑於，本次發行將在以下時間中的最早時間終止：(a) 最大發行額全部售出之日，(b) 自SEC資格認定日起第三週年，或(c) 我們自行決定提前終止本次發行之日(在每種情況下均爲「終止日期」)。

現在，鑑於上述情況並雙方以下列互惠契約，各方特此一致同意如下：

1. 訂閱。

(a) 投資者特此不可撤銷地訂購，並同意以在此簽名頁上列明的股票購買價格購買標的股份，在此規定的條件和條款下。投資者訂購的標的股份的總購買價格（「購買價格」）應按照第2條所規定的方式支付給公司。

(b) 投資者知悉，股份根據2024年10月[●]日的發行簡章及其附件（統稱「發行簡章」），隨時進行補充，按照向SEC提交的要求出售。通過認購所述股份，投資者確認已收到並審閱了發行簡章的副本以及投資所需的其他信息，以便做出關於所述股份的投資決策。

(c) 本訂閱協議可能在終止日期之前的任何時間被公司全面或部分接受或拒絕，理由可以有也可以沒有，由公司自行全權決定。公司將通知投資者本訂閱協議是否被接受或拒絕。若被拒絕，投資者的付款將無息退還給投資者，投資者在本協議項下的所有義務將終止，但第5節的義務除外，該義務將繼續有效。

(d) 本訂閱協議的條款應當對投資者及投資者的被許可受讓人、繼承人、成功人及受讓人（統稱爲「受讓人」）具有約束力； 然而爲使任何此類轉讓生效，擬議受讓人應當事先向公司簽署並遞交一份公司認可的形式文件，根據公司單方決定的意願，擬議受讓人應承認並同意受制於投資者的陳述和擔保以及本訂閱協議的條款。未經公司同意，不得轉讓本協議，公司可行使其單方和絕對自主的決定權拒絕同意。

2. 付款和購買 程序。 購買價格應同時與投資者交付本認購協議時支付。投資者應按照本部分8中規定的方式支付標的股份的購買價格。投資者承認，爲了認購股份，投資者必須完全遵守本部分8中規定的購買程序要求。

3. 公司的聲明和保證。 公司向投資者聲明並保證，本認購協議日期之時，以下各項均屬真實完整。

(a) 該公司是一家合法成立並依據特拉華州法律有效存在並良好經營的公司。公司擁有所有必要的權力和權威來擁有和經營其財產和資產，以執行和交付本認購協議、相關股份以及本協議下所需的任何其他協議或文件。公司已合法取得資格，並被授權在其活動性質及其擁有和租賃的財產（包括所有權和租用權）所必須的所有司法管轄區作業，並且取得良好地位，除了未取得資格可能不會對公司或其業務造成重大不利影響的司法管轄區外。

(b) 根據本認購協議授權，按照公司一切必要的公司行動，主要股份的發行、出售和交付已被妥善授權。主要股份根據本認購協議的規定發行、出售並交付相應的款項後，將被妥善且有效地發行，充分支付且不可評估。

(c) 公司接受本認購協議並完成本協議所規定的交易已經得到公司必要的公司行爲的授權。一旦公司接受本認購協議，本認購協議應構成公司的有效和具有約束力的協議，根據其條款對公司具有強制執行力，除非(i)受適用特定破產、無力清償債務、重組、停止支付或其他普遍適用於影響債權人權利執行的法律的限制和(ii) 被制約的平等原則限制了補救措施的可獲得性。

(d) 假設投資者在本第 4 節中所作的陳述和保證的準確性，除了（i）可能需要根據A條例或任何適用州證券法進行的申報，（ii）已完成或獲得的其他申報和批准，或（iii）未獲得任何此類訂貨，許可證，同意，授權，批准或豁免或發出任何此類通知或進行任何申報或登記不會對公司履行本認購協議的能力產生重大不利影響，與公司就本認購協議的執行，交付和履行相關聯的公司無需就此向任何政府機構，機構或官員申請訂購，許可證，同意，授權或批准或豁免或採取行動或與之有關，或通知，或已提交或登記的任何登記。

(e) 在對股票進行首次投資前，公司的授權和未償債券如招股簡章所示。 除招股簡章規定外，公司沒有未行權期權、warrants、權利（包括轉換或優先購買權 和優先購買權），或任何口頭或書面形式的任何類型的購買或收購公司的任何證券的協議。

(f) 公司的基本報表副本符合《證券法》1-A表格要求，已提供給投資者，並出現在發行文件中。這些基本報表基於公司的賬簿和記錄，就緒時相對日期準確地全面展現了公司的財務狀況以及公司運營和現金流情況。審核基本報表的審計公司是根據SEC採納的規則和法規獨立的會計師事務所。

(g) 除非在發行說明書中另有規定，否則不存在任何未決的訴訟、訴訟、仲裁、調解、投訴、索賠、指控或調查，也沒有任何法院、仲裁員、調解員或政府機構正在進行的事項，或者據公司所知，目前沒有以書面形式威脅（a）針對公司或（b）針對公司任何顧問、高管、經理、董事或關鍵僱員，並起因於其與公司的諮詢、就業或董事會關係，或者可能對公司產生重大影響的事項。

4. 投資者的陳述和保證。 投資者向公司陳述並保證，本認購協議日期的每一條都屬實且完整且符合一切主要內容。

(a) 必要的權力和權限。投資人在法律的所有適用規定下具有簽署和交付本認購協議的所有必要權力和權限，並執行本協議的條款。在正確交付後，本認購協議將成爲投資人的有效和具有約束力的義務，可按照其條款執行，但不受（i）適用於影響債權人權利執行的一般性破產、無力清償、重組、停贈或其他法律限制，和（ii）一般公平原則限制衡平救濟的條款限制。

(b) 公司發行簡介; 公司資訊。 投資者承認發行說明書是公開提供的，可在SEC Edgar數據庫的www.sec.gov上查看，並且投資者已閱讀發行說明書。投資者承認發行說明書清楚說明了發行的條款和條件，並描述了相關的風險。投資者已有機會與公司的管理層就公司的業務、管理和財務事務進行討論，並有機會查看公司的運作和設施。投資者也有機會向公司及其管理層提問，並得到回答，關於發行的條款和條件。投資者承認，除本文所述外，公司對投資者或投資者的任何顧問或代表並未就公司的業務或前景，或其財務狀況作出任何陳述或保證。

(c) 投資經驗; 投資者適格性。 投資者在財務和業務事項上具有足夠的經驗，能夠評估股票的優點和風險，並做出相應的知情決定。或者，投資者已經利用購買代表的服務，他們共同具有足夠的財務和業務事項經驗，能夠評估股票的優點和風險，並做出知情決定。投資者已經評估了投資股票的風險，包括在發行說明書中描述的風險因素，並確定此類投資對投資者來說是合適的。投資者有足夠的財務資源進行這種投資。投資者有能力承受對股票投資的完全損失。

(d) 沒有登記。 投資者明白這些股票並非根據證券法登記，而是因為其發行符合證券法下頒布的A條例的豁免情況，而依賴該豁免的部分原因是投資者和其他買家對這些股票在發售中的陳述和保證的真實性和準確性。

Investor further understands that the Shares are not being registered under the securities laws of any state, on the basis that the issuance thereof is exempt as an offer and sale not involving a registrable public offering in such state.

Investor covenants not to sell, transfer or otherwise dispose of any Shares, unless such Shares have been registered under the Securities Act and under applicable state securities laws or exemptions from such registration requirements are available.

(e) Illiquidity and Continued Economic Risk. Investor acknowledges and agrees that there is a limited public market for the Shares and that there is no guarantee that a market for their resale will continue to exist. Investor must, therefore, bear the economic risk of the investment in the Subject Shares indefinitely and Investor acknowledges that Investor is able to bear the economic risk of losing Investor’s entire investment in the Subject Shares.

(h) Valuation; Arbitrary Determination of Share Purchase Price by the Company. Investor acknowledges that the Share Purchase Price of the Shares in the Offering was set by the Company on the basis of the Company’s internal valuation and no warranties are made as to value. Investor further acknowledges that future offerings of securities of the Company may be made at lower valuations, with the result that Investor’s investment will bear a lower valuation.

(i) Domicile. Investor maintains Investor’s domicile (and is not a transient or temporary resident) at the address provided herein.

(j) Foreign Investors. If Investor is not a United States person (as defined by Section 7701(a)(30) of the Internal Revenue Code of 1986, as amended), Investor hereby represents that Investor is in full compliance with the laws of Investor’s jurisdiction in connection with any invitation to subscribe for the Shares or any use of this Subscription Agreement, including, without limitation, (1) the legal requirements within Investor’s jurisdiction for the purchase of the Subject Shares, (2) any foreign exchange restrictions applicable to such purchase, (3) any governmental or other consents that may need to be obtained, and (4) the income tax and other tax consequences, if any, that may be relevant to the purchase, holding, redemption, sale or transfer of the Subject Shares. Investor’s subscription and payment for and continued beneficial ownership of the Subject Shares will not violate any applicable securities or other laws of Investor’s jurisdiction.

(k) Fiduciary Capacity. If Investor is purchasing the Subject Shares in a fiduciary capacity for another person or entity, including, without limitation, a corporation, partnership, trust or any other juridical entity, Investor has been duly authorized and empowered to execute this Subscription Agreement and all other related documents. Upon request of the Company, Investor will provide true, complete and current copies of all relevant documents creating Investor, authorizing Investor’s investment in the Company and/or evidencing the satisfaction of the foregoing.

5. Indemnity. The representations, warranties and covenants made by Investor herein shall survive the consummation of this Subscription Agreement. Investor agrees to indemnify and hold harmless the Company and its officers, directors and agents, and each other person, if any, who controls the Company within the meaning of Section 15 of the Securities Act, against any and all loss, liability, claim, damage and expense whatsoever (including, but not limited to, any and all reasonable attorneys’ fees, including attorneys’ fees on appeal) and expenses reasonably incurred in investigating, preparing or defending against any false representation or warranty or breach of failure by Investor to comply with any covenant or agreement made by Investor herein or in any other document furnished by Investor to any of the foregoing in connection with the transaction contemplated hereby.

6. Governing Law; Jurisdiction. This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware, applicable to agreements made in and wholly to be performed in that jurisdiction with regards to the choice of law rules of such state, except for matters arising under the Securities Act or the Securities Exchange Act of 1934, as amended, which matters shall be construed and interpreted in accordance with such laws.

7. Notices. Notice, requests, demands and other communications relating to this Subscription Agreement and the transactions contemplated herein shall be in writing and shall be deemed to have been duly given if and when (a) delivered personally, on the date of such delivery; or (b) mailed by registered or certified mail, postage prepaid, return receipt requested, in the third day after the posting thereof; or (c) e-mailed on the date of such delivery to the address of the respective parties as follows, if to the Company, to Remark Holdings, Inc., 800 S. Commerce Street, Las Vegas, Nevada 89106 Attention: Kai-Shing Tao, Chief Executive Officer. If to Investor, at Investor’s address supplied in connection herewith, or to such other address as may be specified by written notice from time to time by the party entitled to receive such notice. Any notices, requests, demands or other communications by email shall be confirmed by letter given in accordance with (a) or (b) above.

8. Purchase Procedure. Investor acknowledges that, to subscribe for the Subject Shares, Investor must, and Investor does hereby, deliver (in a manner described below) to the Company:

(a) a single executed counterpart of the Subscription Agreement, which shall be delivered to the Company either by (1) physical delivery to: Remark Holdings, Inc., 800 S. Commerce Street, Las Vegas, Nevada 89106 Attention: Kai-Shing Tao, Chief Executive Officer; (2) e-mail to: stao@remarkholdings.com; and

(b) payment of the Purchase Price, which shall be delivered in the manner set forth in Annex I attached hereto and made a part hereof.

9. Miscellaneous. All pronouns and any variations thereof shall be deemed to refer to the masculine, feminine, neuter, singular or plural, as the identity of the person or persons or entity or entities may require. Other than as set forth herein, this Subscription Agreement is not transferable or assignable by Investor. The representations, warranties and agreements contained herein shall be deemed to be made by, and be binding upon, Investor and Investor’s heirs, executors, administrators and successors and shall inure to the benefit of the Company and its successors and assigns. None of the provisions of this Subscription Agreement may be waived, changed or terminated orally or otherwise, except as specifically set forth herein or except by a writing signed by the Company and Investor. In the event any part of this Subscription Agreement is found to be void or unenforceable, the remaining provisions are intended to be separable and binding with the same effect as if the void or unenforceable part were never in this Subscription Agreement. This Subscription Agreement supersedes all prior discussions and agreements between the Company and Investor, if any, with respect to the subject matter hereof and contains the sole and entire agreement between the Company and Investor with respect to the subject matter hereof. The terms and provisions of this Subscription Agreement are intended solely for the benefit of each party hereto and their respective successors and assigns, and it is not the intention of the parties to confer, and no provision hereof shall confer, third-party beneficiary rights upon any other person. The headings used in this Subscription Agreement have been inserted for convenience of reference only and do not define or limit the provisions hereof. In the event that either party hereto shall commence any suit, action or other proceeding to interpret this Subscription Agreement, or determine to enforce any right or obligation created hereby, then such party, if it prevails in such action, shall recover its reasonable costs and expenses incurred in connection therewith, including, but not limited to, reasonable attorneys’ fees and expenses and costs of appeal, if any. All notices and communications to be given or otherwise made to Investor shall be deemed to be sufficient if sent by e-mail to such address provided by Investor herein. Unless otherwise specified in this Subscription Agreement, Investor shall send all notices or other communications required to be given hereunder to the Company via e-mail at kai@remarkholdings.com. Any such notice or communication shall be deemed to have been delivered and received on the first business day following that on which the e-mail has been sent (assuming that there is no error in delivery). As used in this Section 9, the term “business day” shall mean any day other than a day on which banking institutions in the State of Delaware are legally closed for business. This Subscription Agreement may be executed in one or more counterparts. No failure or delay by any party in exercising any right, power or privilege under this Subscription Agreement shall operate as a waiver thereof, nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right, power or privilege. The rights and remedies herein provided shall be cumulative and not exclusive of any rights or remedies provided by law.

10. Consent to Electronic Delivery of Notices, Disclosures and Forms. Investor understands that, to the fullest extent permitted by law, any notices, disclosures, forms, privacy statements, reports or other communications (collectively, “Communications”) regarding the Company, Investor’s investment in the Company and the Subject Shares (including annual and other updates and tax documents) may be delivered by electronic means, such as by e-mail. Investor hereby consents to electronic delivery as described in the preceding sentence. In so consenting, Investor acknowledges that e-mail messages are not secure and may contain computer viruses or other defects, may not be accurately replicated on other systems or may be intercepted, deleted or interfered with, with or without the knowledge of the sender or the intended recipient. Investor also acknowledges that an e-mail from the Company may be accessed by recipients other than Investor and may be interfered with, may contain computer viruses or other defects and may not be successfully replicated on other systems. Neither the Company, nor any of its respective officers, directors and affiliates, and each other person, if any, who controls the Company within the meaning of Section 15 of the Securities Act (collectively, the “Company Parties”), gives any warranties in relation to these matters. Investor further understands and agrees to each of the following: (a) other than with respect to tax documents in the case of an election to receive paper versions, none of the Company Parties will be under any obligation to provide Investor with paper versions of any Communications; (b) electronic Communications may be provided to Investor via e-mail or a website of a Company Party upon written notice of such website’s internet address to such Investor. In order to view and retain the Communications, Investor’s computer hardware and software must, at a minimum, be capable of accessing the Internet, with connectivity to an internet service provider or any other capable communications medium, and with software capable of viewing and printing a portable document format (“PDF”) file created by Adobe Acrobat. Further, Investor must have a personal e-mail address capable of sending and receiving e-mail messages to and from the Company Parties. To print the documents, Investor will need access to a printer compatible with his or her hardware and the required software; (c) if these software or hardware requirements change in the future, a Company Party will notify the Investor through written notification. To facilitate these services, Investor must provide the Company with his or her current e-mail address and update that information as necessary. Unless otherwise required by law, Investor will be deemed to have received any electronic Communications that are sent to the most current e-mail address that the Investor has provided to the Company in writing; (d) none of the Company Parties will assume liability for non-receipt of notification of the availability of electronic Communications in the event Investor’s e-mail address on file is invalid; Investor’s e-mail or Internet service provider filters the notification as “spam” or “junk mail”; there is a malfunction in Investor’s computer, browser, internet service or software; or for other reasons beyond the control of the Company Parties; and (e) solely with respect to the provision of tax documents by a Company Party, Investor agrees to each of the following: (1) if Investor does not consent to receive tax documents electronically, a paper copy will be provided, and (2) Investor’s consent to receive tax documents electronically continues for every tax year of the Company until Investor withdraws its consent by notifying the Company in writing.

Investor certifies that Investor has read this entire Subscription Agreement and that every statement made by Investor herein is true and complete.

The Company may not be offering the Shares in every state. The Offering Materials do not constitute an offer or solicitation in any state or jurisdiction in which the Shares are not being offered. The information presented in the Offering Materials was prepared by the Company solely for the use by prospective investors in connection with the Offering. Nothing contained in the Offering Materials is or should be relied upon as a promise or representation as to the future performance of the Company.

The Company reserves the right, in its sole discretion and for any reason whatsoever, to modify, amend and/or withdraw all or a portion of the Offering and/or accept or reject, in whole or in part, for any reason or for no reason, any prospective investment in the Shares. Except as otherwise indicated, the Offering Materials speak as of their date. Neither the delivery nor the purchase of the Shares shall, under any circumstances, create any implication that there has been no change in the affairs of the Company since that date.

[ SIGNATURE PAGE FOLLOWS]

IN WITNESS WHEREOF, the undersigned has executed this Subscription Agreement on the date set forth below.

Dated: _____________________.

The foregoing subscription for ___________ Shares, a Subscription Amount of $__________, is hereby accepted on behalf of Remark Holdings, Inc. a Delaware corporation, this ___ day of _______, 2024.

ANNEX I

WIRE INSTRUCTIONS – REMARK HOLDINGS, INC.