secwatch / observer
8-K filed November 18, 2024, 6:59 PM ET ticker LGMK CIK 0001566826
other material confidence high sentiment neutral materiality 0.60

LogicMark effects 1-for-25 reverse stock split to regain Nasdaq $1 minimum bid compliance

LogicMark, Inc.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

LogicMark, Inc.: Filed charter amendment to effect a 1-for-25 reverse stock split of common stock and certificate of amendment to effect a 1-for-25 reverse stock split of Series C preferred stock (effective 2024-11-18).

Change
charter amendment
Effective
2024-11-18
Exact text from the filing
On November 18, 2024, LogicMark, Inc. (the “Company”), acting pursuant to authority received at a special meeting of its stockholders on October 1, 2024 (the “Special Meeting”), filed with the Secretary of State of the State of Nevada (i) a certificate of change (the “Charter Amendment”) to its articles of incorporation (the “Articles of Incorporation”), which effected a one-for-twenty-five reverse stock split (the “Common Stock Reverse Stock Split”) of all of the Company’s outstanding shares of common stock, par value $0.0001 per share (the “Common Stock”); and (ii) a certificate of amendment (the “Series C Certificate of Amendment”) to its Certificate of Designations, Preferences and Rights of Series C Non-Convertible Voting Preferred Stock (“Series C Certificate of Designations”), which effected a one-for-twenty-five reverse stock split (the “Series C Reverse Stock Split” and together with the Common Stock Reverse Stock Split, the “Reverse Stock Splits”) of all of the Company’s outs
View on SEC.gov

Browse all governance changes →

LogicMark, Inc. filing history →

Source: SEC EDGAR
accession 0001213900-24-099722
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.