regulatory
confidence high
sentiment neutral
materiality 0.60
LogicMark gets Nasdaq extension to May 5, 2025 to cure minimum bid price deficiency; can use reverse split
LogicMark, Inc.
- Received Nasdaq extension until May 5, 2025 to meet $1.00 minimum bid price requirement.
- Company meets all other listing standards; stockholder-approved reverse stock split available to cure.
- If bid price remains at $1.00 for 10 consecutive business days, compliance will be confirmed.
- If compliance not met by May 5, 2025, delisting may be initiated but can be appealed.