secwatch.observer — SEC 8-K summary
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Issuer:     LogicMark, Inc. (LGMK)
CIK:        0001566826
Form:       8-K
Filed at:   2024-11-01T23:59:59+00:00
Accession:  0001213900-24-093557
Event type: other_material
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LogicMark adopts 15% trigger poison pill after Winvest claims 67% ownership
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- Board adopted Rights Agreement; each share gets one Right exercisable for 1/100th of Series G preferred at $0.05.
- Winvest filed Schedule 13D claiming ~67% ownership; company says Winvest holds less than a majority of voting power.
- Winvest attempted to amend bylaws and replace board via written consent; company sent cease-and-desist letter.
- Series G Non-Convertible Voting Preferred Stock authorized (1M shares) with 100 votes per share.
- Rights expire Nov 2027 unless extended; redeemable at $0.0001 per Right before a Flip-In Event.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1566826/000121390024093557/0001213900-24-093557-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1566826/000121390024093557/ea0219490-8k_logicmark.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-093557

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