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LogicMark becomes Langham subsidiary in closed merger

Chia-Lin Simmons's shares converted into a right to receive $1.31 in cash per share, and she reported no remaining beneficial ownership.

(Moderate)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

LogicMark, Inc. became a wholly owned subsidiary of Langham Project, LLC when Langham Merger Sub, Inc. merged into LogicMark on October 13, 2026; LogicMark survived the merger.

Chia-Lin Simmons, then LogicMark’s Chief Executive Officer, President and a director, reported that each of her shares converted into the right to receive $1.31 in cash per share. After the merger, she reported beneficial ownership of 0 shares (0.0%) and ceased to be the beneficial owner of more than 5% of LogicMark’s outstanding common stock.

Cash merger consideration per share $1.31 per share Common stock held by Chia-Lin Simmons converted into a right to receive this amount at the merger
Beneficially owned shares 0 shares Chia-Lin Simmons's reported position after the merger
Percentage of class beneficially owned 0.0% Chia-Lin Simmons's reported position after the merger
beneficial owner regulatory
"ceased to be the beneficial owner of more than five percent"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
cash merger consideration financial
"right to receive cash merger consideration"
sole dispositive power regulatory
"Sole Dispositive Power"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What cash consideration did Chia-Lin Simmons's LGMK shares convert into?

Each LogicMark common share held by Chia-Lin Simmons converted into the right to receive $1.31 in cash in connection with the merger.

What happened to LogicMark in the LGMK merger?

The merger closed on October 13, 2026, with LogicMark surviving as a wholly owned subsidiary of Langham Project, LLC.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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67091J800

(CUSIP Number)
Thomas Poletti, Esq.
Manatt, Phelps & Phillips, LLP, 695 Town Center Drive
Costa Mesa, CA, 92626
(714) 371-2501

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
10/13/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
This constitutes an exit filing for Chia-Lin Simmons (the "Reporting Person").


SCHEDULE 13D


Chia-Lin Simmons
Signature:/s/ Chia-Lin Simmons
Name/Title:Chia-Lin Simmons
Date:10/15/2026

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