LogicMark to be acquired by Langham Project LLC for $1.31 per share in all-cash merger

LogicMark, Inc.

Merger consideration: $1.31 per share in cash for each share of common stock.
Company will become private; expects to delist from OTC and cease SEC reporting.
Series C preferred stock to be redeemed for approximately $2 million plus accrued interest.
Shareholder vote required; proxy statement to be filed within 15 business days.
Termination fee of $150,000 payable by Company if it accepts a superior proposal.

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