Logicmark, inc. announces closing of $5.2 million underwritten public offering priced above market

Louisville, ky., jan. 25, 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 closing 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 purchase one and one-half shares of common stock.
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