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LGMK

LogicMark, Inc.

https://www.logicmark.com

Industry

Security & Protection Services

LogicMark, Inc. offers personal emergency response systems (PERS), health communications devices, and Internet of Things (IoT) technology that creates a connected care platform in the United States. The company, through its subsidiary, LogicMark LLC, manufactures and distributes non-monitored and monitored personal emergency response systems sold through healthcare durable medical equipment and monitored security dealers/distributors, and the United States Department of Veterans Affairs. The company was formerly known as Nxt-ID, Inc. and changed its name to LogicMark, Inc. in March 2022. LogicMark, Inc. was founded in 2006 and is based in Louisville, Kentucky.

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LogicMark, Inc. has successfully closed a $14.4 million public offering, which could provide the company with additional capital to expand its operations in the personal emergency response systems and health communications devices market.

Portfolio Pulse from

February 18, 2025 | 11:15 pm

LogicMark, Inc. has announced a $14.4 million public offering and plans to hold a special stockholder meeting on March 24, 2025.

Portfolio Pulse from

February 18, 2025 | 2:45 pm

LogicMark has launched an enhanced version of its Guardian Alert 911 Plus, a personal emergency response device. The new version includes fall detection and a modern design.

Portfolio Pulse from

February 11, 2025 | 2:15 pm

LogicMark has received approval to provide its Personal Emergency Response Systems (PERS) through Medicaid Waiver Programs in several states, allowing seniors to get reimbursement for monthly monitoring fees.

Portfolio Pulse from

January 14, 2025 | 2:15 pm

LogicMark, Inc. has launched a new medical alert device, Freedom Alert Max, which features cellular communication technology and 24/7 assistance. This product is part of their on-the-go suite, enhancing their offerings in the personal emergency response systems market.

Portfolio Pulse from

November 19, 2024 | 2:15 pm

LogicMark, Inc. has announced a reverse stock split at a ratio of 1 post-split share for every 25 pre-split shares. This move is aimed at consolidating shares and potentially increasing the stock price.

Portfolio Pulse from

November 15, 2024 | 2:30 pm

LogicMark, Inc. (LGMK) held its Q3 2024 earnings call, with CEO Chia-Lin Simmons and CFO Mark Archer discussing the company's performance. The call was attended by Marla Marin from Zacks Small Cap Research.

Portfolio Pulse from

November 13, 2024 | 2:15 am

LogicMark has partnered with Black Knight Medical to expand the distribution of medical alert devices for veterans across the U.S. This collaboration aims to enhance government sales and support Black Knight Medical's national growth.

Portfolio Pulse from

November 12, 2024 | 2:15 pm

LogicMark, Inc. has adopted a Shareholder Rights Agreement with Nevada Agency and Transfer Company to protect shareholder rights and long-term value. This move is in response to Winvest Investment Fund Management Corp.'s claims of owning 67% of LogicMark's stock and attempts to change company bylaws, which LogicMark disputes.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 8:47 pm

Alphabet Inc. shares rose 6% in pre-market trading after reporting better-than-expected Q3 results with $88.27 billion in revenue. Other stocks like Haoxi Health Technology and Snap Inc. also saw significant pre-market movements.

Portfolio Pulse from Avi Kapoor

October 30, 2024 | 10:16 am

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