LogicMark, Inc. filed a Form S-1 registration statement for an initial public offering on 2025-01-03. It has amended it 4 times. It filed its final prospectus on 2025-02-18, at a public offering price of $0.59 per share. Each fact below is quoted from the filing named with it.
What the filings say
Listing
Our Common Stock is listed on the Nasdaq Capital Market (“Nasdaq”) under the symbol “LGMK”.From the 424B4 filed 2025-02-18
Shares offered
An increase (decrease) in the number of Units that we are offering of 100,000 Units would increase (decrease) cash and cash equivalents, working capital, total assets, and total stockholders’ equity by approximately $0.09 million, after deducting the placement agent fees and estimated offering expenses payable by us, and assuming the sale of all Units offered hereby, no sale of any Pre-Funded Units and no exercise of the Warrants issued in connection with this offering and that the assumed public offering price of such Units remains as set forth on the cover page of this prospectus.From the S-1/A filed 2025-02-11
Offering price
2,260,000 Units, based on a public offering price of $0.59 per Unit, each consisting of:From the 424B4 filed 2025-02-18
Use of proceeds
We intend to use the net proceeds of this offering for sales and marketing support of our legacy and new products, working capital and other general corporate purposes.From the 424B4 filed 2025-02-18
Net loss or income
As of September 30, 2024, the Company generated an operating loss of $5.5 million and a net loss of $5.3 million for the nine months ended September 30, 2024, compared to an operating loss of $15.3 million and a net loss of $14.6 million for the fiscal year ended December 31, 2023.From the S-1/A filed 2025-02-11
Timeline
| Filed | What it is | Filing |
|---|---|---|
| 2024-07-26 | Registration statement amended | S-1/A |
| 2024-08-05 | Final prospectus filed: the offering is priced | 424B4 |
| 2024-12-30 | Final prospectus filed: the offering is priced | 424B4 |
| 2025-01-03 | Registration statement filed | S-1 |
| 2025-01-21 | Registration statement amended | S-1/A |
| 2025-02-07 | Registration statement amended | S-1/A |
| 2025-02-11 | Registration statement amended | S-1/A |
| 2025-02-18 | Final prospectus filed: the offering is priced | 424B4 |
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Where this comes from
A company that wants to sell shares to the public in the United States files a registration statement with the SEC: Form S-1 for a US company, Form F-1 for a foreign one. It amends that statement as the figures and terms are filled in, usually adding the expected price range shortly before the offering. Once the offering is priced it files its final prospectus under Rule 424(b)(4). A company that decides not to go ahead can ask for the registration statement to be withdrawn on Form RW.
Every row on this page is one of those filings, linked to the filing itself. The facts are the company's own sentences, quoted from the filing named beside each one and never reworded; where no filing states a fact in a sentence that can be read exactly, this page leaves it out. A filing is the company's statement of its plans and its figures, not a verification of them, and nothing here is investment advice.