LogicMark, Inc. Files S-1/A Amendment

TL;DR

LogicMark (LGMK) filed an S-1/A amendment, likely for ongoing securities matters. Stay tuned.

AI Summary

LogicMark, Inc. filed an S-1/A amendment on July 26, 2024, for its registration statement. The company, formerly known as Nxt-ID, Inc., is incorporated in Nevada and headquartered in Louisville, KY. This filing is an amendment to a previous registration, indicating ongoing efforts related to securities offerings or compliance.

Why It Matters

This filing is a procedural update for LogicMark, Inc., potentially related to ongoing capital raising or regulatory compliance, which could impact investors' understanding of the company's financial and operational status.

Risk Assessment

Risk Level: medium — S-1/A filings often relate to capital raises or significant corporate changes, which inherently carry risks for investors.

Key Numbers

• 333-279133 — SEC File Number (Identifies the specific registration statement)
• 46-0678374 — IRS Employer Identification Number (Company's tax identification number)

Key Players & Entities

• LogicMark, Inc. (company) — Registrant
• Nxt-ID, Inc. (company) — Former company name
• July 26, 2024 (date) — Filing date
• Nevada (jurisdiction) — State of incorporation
• Louisville, KY (location) — Principal executive offices
• Chia-Lin Simmons (person) — Chief Executive Officer
• David E. Danovitch, Esq. (person) — Agent for service
• Michael DeDonato, Esq. (person) — Agent for service
• Sullivan & Worcester LLP (company) — Legal counsel

FAQ

Key Financial Figures

• $0.5688 — rdquo;) at an assumed offering price of $0.5688 per Unit, which is equal to the closing
• $0.0001 — i) one share of common stock, par value $0.0001 per share (the “Common Stock&rdqu
• $0 — it will equal the price per Unit, minus $0.001, and the exercise price of each Pre
• $0.001 — included in the Pre-Funded Unit will be $0.001 per share. There can be no assurance th
• $5 m — on with this offering equals or exceeds $5 million, we will issue to the placement a

Filing Documents

• ea0209949-s1a3_logicmark.htm (S-1/A) — 665KB
• ea020994901ex4-23_logicmark.htm (EX-4.23) — 118KB
• ea020994901ex4-24_logicmark.htm (EX-4.24) — 116KB
• ea020994901ex5-1_logicmark.htm (EX-5.1) — 17KB
• ea020994901ex23-1_logicmark.htm (EX-23.1) — 2KB
• ea020994901ex-fee_logicmark.htm (EX-FILING FEES) — 110KB
• image_001.jpg (GRAPHIC) — 9KB
• ex5-1_001.jpg (GRAPHIC) — 6KB
• ex5-1_002.jpg (GRAPHIC) — 15KB
• 0001013762-24-001682.txt ( ) — 1073KB

Risk Factors

Risk Factors 5 Special Note Regarding Forward-Looking Statements 12 Industry and Market Data 13

Use of Proceeds

Use of Proceeds 14 Dividend Policy 15 Capitalization 16

Security Ownership of Certain Beneficial Owners and Management

Security Ownership of Certain Beneficial Owners and Management 17

Description of Securities That We Are Offering

Description of Securities That We Are Offering 21 Material U.S. Federal Income Tax Consequences to Holders of Common Stock, Pre-Funded Warrants and Warrants 27 Plan of Distribution 35 Legal Matters 41 Experts 41 Where You Can Find More Information 41 Incorporation by Reference 42 i ABOUT THIS PROSPECTUS The registration statement on Form S-1 of which this prospectus forms a part and that we have filed with the SEC, includes exhibits that provide more detail of the matters discussed in this prospectus. You should read this prospectus and the related exhibits filed with the SEC, together with the additional information described under the heading “Where You Can Find More Information.” You should rely only on the information contained in this prospectus and the related exhibits, any prospectus supplement or amendment thereto and the documents incorporated by reference, or to which we have referred you, before making your investment decision. Neither we nor any placement agent engaged by us in connection with this offering, have authorized anyone to provide you with additional information or information different from that contained in this prospectus. Neither we nor any placement agents engaged by us take any responsibility for, and can provide no assurance as to the reliability of, any other information that others may give you. Neither the delivery of this prospectus nor the sale of the Securities means that the information contained in this prospectus is correct after the date of this prospectus. You should not assume that the information contained in this prospectus, any prospectus supplement or amendments thereto, as well as information we have previously filed with the SEC, is accurate as of any date other than the date on the front cover of the applicable document. Our business, financial condition, results of operations and prospects may have changed since those dates. This prospectus, any prospectus supplement or amendmen

View Full Filing

View this S-1/A filing on SEC EDGAR