regulatory
confidence high
sentiment negative
materiality 0.85
LogicMark receives Nasdaq delisting notice; to move to OTC on June 2
LogicMark, Inc.
- Nasdaq Panel determined to delist LogicMark for failing to maintain $1.00 minimum bid price per Nasdaq Rule 5550(a)(2).
- Trading suspended at open on June 2, 2025; company will not appeal the Panel's decision.
- Common stock expects to be publicly quoted on OTC Markets under symbol LGMK starting June 2.
- Panel made no finding of public interest concerns or non-compliance regarding the February 2025 offering.
item 3.01