LogicMark receives Nasdaq delisting notice for low bid price; appeals hearing requested

LogicMark, Inc.

Nasdaq notified LogicMark on March 20, 2025 of non-compliance with minimum $1.00 bid price for 30 consecutive business days.
Company ineligible for 180-day compliance period due to prior reverse stock splits (cumulative ratio ≥ 250:1) per amended listing rule.
Trading suspension set for March 31, 2025 unless appeal is filed by March 27; Company has requested a hearing.
Appeal stays the suspension pending the Panel's written decision; no assurance of compliance or continued listing.
Shares (LGMK) continue trading on Nasdaq Capital Market until hearing process concludes.

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