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LOGICMARK INC Stock Price, News & Analysis

LGMK Nasdaq

Welcome to our dedicated page for LOGICMARK news (Ticker: LGMK), a resource for investors and traders seeking the latest updates and insights on LOGICMARK stock.

LogicMark Inc. (NASDAQ: LGMK) delivers innovative personal emergency response systems (PERS) and connected care solutions through advanced IoT integration. This page serves as a comprehensive resource for investors and industry observers seeking official company updates and market developments.

Find curated press releases and news articles covering earnings announcements, product innovations in fall detection and two-way communication technologies, government partnerships (including Veterans Health Administration contracts), and strategic initiatives within the aging-in-place healthcare sector. All content is sourced directly from verified corporate communications and reputable financial publications.

Key focus areas include updates on LogicMark's Connected Care Platform, distribution channel expansions, and regulatory milestones. Visitors gain insight into how the company's sensor-based safety devices and health communication tools address growing demands in senior care markets.

Bookmark this page for streamlined access to LogicMark's evolving role in IoT-enabled emergency response systems. Check regularly for developments impacting the $35B+ personal emergency response market and related healthcare technology sectors.

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LogicMark (LGMK) has implemented a Shareholder Rights Agreement with Nevada Agency and Transfer Company in response to Winvest Investment Fund's recent actions. This decision follows Winvest's claim of owning approximately 67% of LogicMark's common stock and its attempt to change company bylaws and board composition. LogicMark disputes Winvest's ownership claims and states their actions violate state and federal laws. The Rights Agreement includes a 'poison pill' provision triggered when any entity acquires 15% or more of outstanding shares, aiming to protect shareholder value while maintaining flexibility for Board-approved partnerships or acquisitions.

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LogicMark (NASDAQ: LGMK) will release its third quarter 2024 financial results on November 12, 2024, after market close. CEO Chia-Lin Simmons and CFO Mark Archer will host an investor call and webcast at 1:30 PM PST / 4:30 PM EST on the same day. The company, which provides emergency response systems and health communications devices, will make the results available through their investor relations website. Investors can participate via conference call using toll-free (800) 715-9871 or toll (646) 307-1963 with Conference ID: 7663305.

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LogicMark, Inc. (Nasdaq: LGMK) reported its Q2 2024 financial results, showing slight revenue growth to $2.3 million. The company's gross margin decreased to 67% from 69% in Q2 2023. Operating expenses reduced by 6% to $3.6 million. The net loss per share improved to $0.96 from $1.83 in the same period last year. LogicMark's cash balance as of June 30, 2024, was $3.0 million.

The company has expanded its product line to include five hardware products with advanced features like fall detection and geo-fencing. LogicMark's intellectual property portfolio has grown, with 14 patents filed since June 2021. The company is focusing on the growing personal safety and elder care markets, leveraging trends such as aging in place and increased demand for healthcare workers.

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LogicMark, Inc. (Nasdaq: LGMK), a provider of personal emergency response systems and health communications devices, has announced the closing of a $4.5 million public offering priced at-the-market. The offering consisted of 9,670,000 units, each priced at $0.4654 and comprising one share of common stock (or pre-funded warrant), one Series A warrant, and one Series B warrant. Both warrant series are exercisable at $0.4654 per share, with Series A expiring in 5 years and Series B in 2.5 years from issuance. The company plans to use the net proceeds for working capital and general corporate purposes. Roth Capital Partners acted as the exclusive placement agent for this offering.

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LogicMark Inc (Nasdaq: LGMK) has announced the pricing of a $4.5 million public offering and scheduled a special stockholder meeting for October 1, 2024. The offering consists of 9,670,000 units priced at $0.4654 each, with each unit including one share of common stock (or pre-funded warrant), one Series A warrant, and one Series B warrant. The company plans to use the net proceeds for working capital and general corporate purposes. The offering is expected to close on August 5, 2024.

The special stockholder meeting will seek approval for a reverse stock split and the issuance of 20% or more of common shares related to the offering, aiming to maintain compliance with Nasdaq listing requirements. Stockholders of record as of August 5, 2024, will be eligible to vote.

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LogicMark, Inc. (NASDAQ: LGMK), a provider of personal emergency response systems and health communications devices, has announced it will release its Q2 2024 financial results on August 13, 2024, after market close. CEO Chia-Lin Simmons and CFO Mark Archer will host a live investor call and webcast at 1:30 PM PDT / 4:30 PM EDT on the same day to review the results.

Investors can participate in the conference call by registering for dial-in details. The live webcast will be available on LogicMark's Investor Relations website. Press release, SEC filings, and webcast replay will also be accessible on the investor relations website.

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LogicMark (Nasdaq: LGMK), a provider of personal emergency response systems and health communications devices, has announced its participation in the upcoming Virtual Emerging Growth Conference on July 17, 2024. CEO Chia-Lin Simmons will present at 12:05 pm PDT / 3:05 pm EDT.

The company invites investors, advisors, and analysts to attend the real-time virtual presentation. Registration is required to participate and receive updates. An archived webcast will be available on LogicMark's website, EmergingGrowth.com, and the Emerging Growth YouTube Channel for those unable to attend live.

This presentation offers an opportunity for stakeholders to gain insights into LogicMark's operations and growth strategies in the expanding care economy sector.

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LogicMark, a provider of personal emergency response systems (PERS) and health communications devices, announced that its CEO, Ms. Chia-Lin Simmons, will present at the Virtual Emerging Growth Conference on June 12, 2024.

The presentation is scheduled for 8:25 am PDT / 11:25 pm EDT. Investors, advisors, and analysts are invited to attend the virtual event.

Participants can register for the event via the provided link. An archived webcast will be available on LogicMark's website, EmergingGrowth.com, and the Emerging Growth YouTube Channel.

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LogicMark, Inc., a provider of personal emergency response systems and health communications devices, will have its CEO and CFO speak at Aegis Capital Corp. Virtual Conference on May 9, 2024. The conference aims to showcase the company's role in the care economy sector.

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LogicMark, Inc., a provider of personal emergency response systems and health communication devices, will have its CEO, Ms. Chia-Lin Simmons, speak at the Virtual Emerging Growth Conference on May 8, 2024. The company extends an invitation to investors, advisors, and analysts to attend the real-time presentation. The event will be available for live viewing and access to an archived webcast post-event.

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FAQ

What is the current stock price of LOGICMARK (LGMK)?

The current stock price of LOGICMARK (LGMK) is $0.013601 as of May 7, 2025.

What is the market cap of LOGICMARK (LGMK)?

The market cap of LOGICMARK (LGMK) is approximately 987.6K.
LOGICMARK INC

Nasdaq:LGMK

LGMK Rankings

LGMK Stock Data

987.59k
5.91M
10.22%
11.91%
3.25%
Health Information Services
Orthopedic, Prosthetic & Surgical Appliances & Supplies
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United States
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