LogicMark (LGMK) Prices 10.59M Unit Offering at $0.371/unit

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Go back to LogicMark (LGMK) Prices 10.59M Unit Offering at $0.371/unit

LogicMark, Inc. Announces Pricing of $5.2 Million Underwritten Public Offering Priced Above Market

January 23, 2023 8:30 PM EST

LOUISVILLE, Ky., Jan. 23, 2023 (GLOBE NEWSWIRE) -- LogicMark, Inc. (Nasdaq: LGMK) (the Company or LogicMark), a provider of personal emergency response systems (PERS), health communications devices, and technology for the growing care economy, today announced the pricing of its above market underwritten public offering of (i) 10,585,000 units, with each unit consisting of one share of common stock and one warrant to purchase one and one-half shares of common stock and (ii) 3,440,000 pre-funded units, with each pre-funded unit consisting of one pre-funded warrant to purchase one share of common stock and one warrant to... More