secwatch.observer — SEC 8-K summary
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Issuer:     LogicMark, Inc. (LGMK)
CIK:        0001566826
Form:       8-K
Filed at:   2024-08-05T23:59:59+00:00
Accession:  0001213900-24-065253
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LogicMark closes $4.5M public offering of units with warrants; special meeting Oct 1 for reverse split
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- Gross proceeds ~$4.5M from sale of 9,670,000 units at $0.4654 per unit (or pre-funded units at $0.4644).
- Each unit includes one common share (or pre-funded warrant), one Series A warrant (5yr, $0.4654) and one Series B warrant (2.5yr, $0.4654); warrants exercisable only after stockholder approval.
- Net proceeds to be used for working capital and general corporate purposes.
- Special stockholder meeting scheduled for October 1, 2024 to approve reverse stock split and issuance of shares for Nasdaq listing compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1566826/000121390024065253/0001213900-24-065253-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1566826/000121390024065253/ea0210622-8k_logicmark.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-065253

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