Thomas W. Wilkinson
On January 22, 2024, Thomas W. Wilkinson notified the board of directors (the “Board”) of LogicMark, Inc. (the “Company”) of his resignation from the Board, effective January 22, 2024.
Highest-materiality recent filing
LogicMark to be acquired by Langham Project LLC for $1.31 per share in all-cash merger
Merger consideration: $1.31 per share in cash for each share of common stock.
Sold 250,000 Series J Preferred Shares to White Lion Capital at $1.00/share; stated value $1.28; convertible after Oct 30, 2026 at 50% of lowest 30-day trading price.
LogicMark Q1 revenue up 24% to $3.2M; operating loss narrows to $1.5M
Revenue $3.2M (+24% YoY); gross margin expanded 610 bps to 69.6%.
LogicMark reports strong Q4: revenue +36% to $3.1M, full-year +15%, margin expands
Q4 2025 revenue $3.1M, up 36% YoY; gross margin expanded to 69.8% from 66.3%.
LogicMark effects 1-for-750 reverse stock split of common and Series C preferred, effective Oct 24
One-for-750 reverse stock split of common stock (par $0.0001) and Series C preferred executed Oct 24, 2025.
LogicMark Q2 2025 revenue $2.9M (+22% YoY); net loss $2.1M unchanged
Revenue $2.9M, up 22% vs Q2 2024; gross profit $1.9M (+24%); gross margin 67.5% (+99bps).
LogicMark stock delisted from Nasdaq, to trade on OTC Markets effective June 2
Nasdaq delisting due solely to non-compliance with $1.00 minimum bid price requirement.
LogicMark receives Nasdaq delisting notice; to move to OTC on June 2
Nasdaq Panel determined to delist LogicMark for failing to maintain $1.00 minimum bid price per Nasdaq Rule 5550(a)(2).
Nasdaq notifies LogicMark of intent to delist over February offering dilution concerns
Received delisting notice on May 2, 2025, citing public interest concerns from dilution of Series D warrants.
LogicMark increases authorized shares 8x and obtains reverse split authorization
Authorized shares raised from 110M to 880M (800M common, 80M preferred) via charter amendment filed March 27.
LogicMark receives Nasdaq delisting notice for low bid price; appeals hearing requested
Nasdaq notified LogicMark on March 20, 2025 of non-compliance with minimum $1.00 bid price for 30 consecutive business days.
Gross proceeds ~$14.4M from 2.26M units and 22.15M pre-funded units at $0.59/$0.589 per unit.
LogicMark regains Nasdaq minimum bid price compliance after stock closed above $1.00 for 10 days
Received Nasdaq letter on December 4, 2024 confirming compliance with Listing Rule 5550(a)(2).
LogicMark effects 1-for-25 reverse stock split to regain Nasdaq $1 minimum bid compliance
Reverse stock split at 1:25 ratio for common stock and Series C preferred stock, effective Nov 18, 2024.
Series H Convertible Non-Voting Preferred: 1,000 shares, stated value $1,000, convertible at $0.4654 into ~2.15M common shares.
Company entered settlement agreements with holders of 9,670,000 Series B warrant shares.
LogicMark Q3 revenue up 14% to $2.7M; net loss per share -$0.20 vs -$1.10 YoY
Revenue $2.7M (+14% YoY); gross profit $1.8M (+13%); gross margin 67% steady for six quarters.
Received Nasdaq extension until May 5, 2025 to meet $1.00 minimum bid price requirement.
LogicMark adopts 15% trigger poison pill after Winvest claims 67% ownership
Board adopted Rights Agreement; each share gets one Right exercisable for 1/100th of Series G preferred at $0.05.
LogicMark shareholders approve reverse stock split (1:10 to 1:25) and warrant exercise issuances.
Approved reverse split of common stock between 1-for-10 and 1-for-25, at Board's discretion, before 2025 annual meeting.
LogicMark receives Nasdaq deficiency notice for bid price below $1.00
Nasdaq notified LogicMark on May 8, 2024, for failing Minimum Bid Price Requirement; 30-day non-compliance.
LogicMark Q4 revenue up 13% to $2.4M; full year down 17% to $9.9M
Q4 2023 revenue $2.4M (+13% YoY); gross profit $1.6M (+21%); gross margin 66.0% (+450 bps).
LogicMark enters warrant inducement to raise up to $1.38M; issues 200% new warrants
Up to 691,397 shares exercised at $2.00/share; gross proceeds up to ~$1.38M.
LogicMark Q3 revenue $2.4M, gross margin 67%, net loss narrows to $1.5M
Revenue $2.4M vs $2.8M prior year; gross margin improved to 67% from 62% on supply chain gains.
LogicMark reports Q1 revenue $2.8M, net loss $1.9M; gross margin expands to 66.3%
Revenue $2.8M (up 31% QoQ, down 23% YoY); gross profit $1.9M; gross margin 66.3% (+600 bps YoY).
LogicMark effects 1-for-20 reverse stock split to meet Nasdaq $1.00 minimum bid price
1-for-20 reverse stock split of common and Series C preferred effective April 21, 2023.
LogicMark reports FY2022 revenue up 19% to $11.9M; net loss narrows to $7.3M
Revenue $11.9M (+19% YoY); gross margin 60.7% (+300 bps).
LogicMark shareholders approve reverse stock split (1:5-1:20) and reincorporation to Nevada
Approved reincorporation from Delaware to Nevada: 12.6M votes for, 249K against.
LogicMark closes $5.2M public offering of units and pre-funded units with warrants
Gross proceeds of ~$5.2M from sale of 10,585,000 units and 3,440,000 pre-funded units at $0.371/unit.
Nasdaq notified LogicMark of non-compliance with $1.00 minimum bid price; 180-day cure period until May 1, 2023.
Shareholders voted against ratifying BPM as auditor (4.33M For, 0.83M Against); board reaffirms appointment.
LogicMark Q2 revenue up 21% to $3.4M; net loss flat at $1.2M
Revenue $3.4M, up 21% YoY; YTD revenue up 34%.
On January 22, 2024, Thomas W. Wilkinson notified the board of directors (the “Board”) of LogicMark, Inc. (the “Company”) of his resignation from the Board, effective January 22, 2024.
appointed both Thomas W. Wilkinson and Carine Schneider as members of the Board.
appointed both Thomas W. Wilkinson and Carine Schneider as members of the Board.
On April 1, 2023, Sherice R. Torres notified the board of directors (the “Board”) of LogicMark, Inc. (the “Company”) of her resignation from the Board, effective April 7, 2023.
On May 17, 2022, the board of directors (the “Board”) of LogicMark, Inc., a Delaware corporation (the “Company”), pursuant to its powers under the Company’s bylaws, appointed Barbara Gutierrez as a member of the Board, thereby increasing the Board membership count to six (6).
Effective May 5, 2022, Michael D’Almada-Remedios, resigned as a member of the board of directors (the “Board”) of LogicMark, Inc., a Delaware corporation (the “Company”) and joined the Company’s advisory board.
Effective April 29, 2022, Major General David R. Gust, USA, Ret., resigned as a member of the board of directors (the “Board”) of LogicMark, Inc., a Delaware corporation (the “Company”) and joined the Company’s advisory board.
appointed John Pettitt as a member of the Board, thereby increasing the Board membership count to seven (7).
appointed Sherice R. Torres as a member of the Board
Effective February 15, 2022, the board of directors of Nxt-ID, Inc., a Delaware corporation (the “Company”), appointed Mark Archer to the role of Chief Financial Officer of the Company.
On August 9, 2021, Vincent S. Miceli notified the Company of his decision to resign from the Company’s board of directors (the “Board”) and as Chairman of the Board, effective immediately.
Effective July 15, 2021, the board of directors of Nxt-ID, Inc., a Delaware corporation (the “Company”), formally appointed Mark Archer to the role of Interim Chief Financial Officer of the Company.
Max materiality 0.85 · Median 0.60 · Most common event other_material