Aug. 3 at 10:35 PM
$LGMK Under the Agreement and Plan of Merger signed on July 31, 2026, LogicMark, Inc. (referred to in the text as Mark, Inc.) is being taken private by Langham Project, LLC.The primary shareholder payout and equity treatment terms include:Common Stock Payout: Shareholders of the Company will receive
$1.31 per share in cash for each share of common stock they hold at the closing of the merger.Warrants: All outstanding warrants will be cancelled.Stock Options: Outstanding options will be cashed out based on their intrinsic value.Series C Preferred Stock: The company plans to redeem its Series C preferred stock for approximately
$2 million plus accrued interest.Following the completion of these payouts, the company intends to delist its shares and cease public reporting/OTC quotation
