secwatch.observer — SEC 8-K summary
======================================

Issuer:     LogicMark, Inc. (LGMK)
CIK:        0001566826
Form:       8-K
Filed at:   2023-01-26T23:59:59+00:00
Accession:  0001213900-23-005212
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LogicMark closes $5.2M public offering of units and pre-funded units with warrants
--------------------------------------------------------------------------------

- Gross proceeds of ~$5.2M from sale of 10,585,000 units and 3,440,000 pre-funded units at $0.371/unit.
- Each unit includes one share (or pre-funded warrant) and one warrant to buy 1.5 shares at $0.371; warrants expire in 5 years.
- Underwriters partially exercised over-allotment, adding 815,198 warrants for $8,151 in proceeds.
- Net proceeds after ~$800,000 in fees and expenses will fund new product development and working capital.
- Offering was priced above market; Maxim Group LLC acted as sole book-running manager.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1566826/000121390023005212/0001213900-23-005212-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1566826/000121390023005212/ea172222-8k_logicmark.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-005212

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer