secwatch.observer — SEC 8-K summary
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Issuer:     LogicMark, Inc. (LGMK)
CIK:        0001566826
Form:       8-K
Filed at:   2023-11-21T23:59:59+00:00
Accession:  0001213900-23-088953
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LogicMark enters warrant inducement to raise up to $1.38M; issues 200% new warrants
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- Up to 691,397 shares exercised at $2.00/share; gross proceeds up to ~$1.38M.
- Holders receive new Series A and B warrants to purchase 200% of exercised shares.
- Company to seek stockholder approval within 180 days and file resale registration statement.
- Proceeds to be used for working capital and general corporate purposes.
- Financial advisor fee of 7% of gross proceeds plus up to $30,000 in expenses.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1566826/000121390023088953/0001213900-23-088953-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1566826/000121390023088953/ea188808-8k_logicmark.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-088953

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