secwatch.observer — SEC 8-K summary
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Issuer:     LogicMark, Inc. (LGMK)
CIK:        0001566826
Form:       8-K
Filed at:   2024-11-18T23:59:59+00:00
Accession:  0001213900-24-099722
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LogicMark effects 1-for-25 reverse stock split to regain Nasdaq $1 minimum bid compliance
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- Reverse stock split at 1:25 ratio for common stock and Series C preferred stock, effective Nov 18, 2024.
- Approved at stockholder special meeting Oct 1, 2024; common stock begins split-adjusted trading Nov 19, 2024.
- New CUSIP number for common stock: 67091J 602; Nevada Agency and Transfer acting as exchange agent.
- CEO Chia-Lin Simmons states split is to maintain Nasdaq listing and support upcoming product launches.
- No fractional shares issued; post-split shares rounded up to nearest whole share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1566826/000121390024099722/0001213900-24-099722-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1566826/000121390024099722/ea0221662-8k_logic.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-099722

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