LogicMark, Inc. Files S-1/A Amendment
Ticker: LGMK · Form: S-1/A · Filed: Feb 11, 2025 · CIK: 1566826
| Field | Detail |
|---|---|
| Company | Logicmark, INC. (LGMK) |
| Form Type | S-1/A |
| Filed Date | Feb 11, 2025 |
| Risk Level | medium |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $1.00, $0.0001, $0, $0.001, $0.82 |
| Sentiment | neutral |
Sentiment: neutral
Topics: sec-filing, s-1/a, registration
TL;DR
LogicMark (formerly Nxt-ID) filed an S-1/A amendment on 2/11/25. NV corp.
AI Summary
LogicMark, Inc. filed an S-1/A amendment on February 11, 2025, for its registration statement (No. 333-284135). The company, formerly known as Nxt-ID, Inc., is incorporated in Nevada and operates in the orthopedic, prosthetic & surgical appliances & supplies sector. Its principal executive offices are located at 2801 Diode Lane, Louisville, KY 40299.
Why It Matters
This filing indicates ongoing regulatory activity for LogicMark, Inc., potentially related to stock offerings or other corporate actions that could impact investors.
Risk Assessment
Risk Level: medium — S-1/A filings often relate to stock offerings or significant corporate changes, which can introduce volatility and risk for investors.
Key Numbers
- 333-284135 — SEC File Number (Identifies the specific registration filing with the SEC.)
- 46-0678374 — IRS Employer Identification Number (Company's tax identification number.)
Key Players & Entities
- LogicMark, Inc. (company) — Registrant
- February 11, 2025 (date) — Filing Date
- 333-284135 (registration_number) — SEC Registration Number
- Nxt-ID, Inc. (company) — Former Company Name
- Nevada (jurisdiction) — State of Incorporation
- 2801 Diode Lane, Louisville, KY 40299 (address) — Principal Executive Offices
- Mark Archer (person) — Chief Financial Officer
FAQ
What is the purpose of this S-1/A filing?
This is an amendment to a previously filed Form S-1 registration statement, indicating ongoing updates or changes to the company's registration details.
When was this amendment filed?
The amendment was filed on February 11, 2025.
What was LogicMark, Inc. formerly known as?
LogicMark, Inc. was formerly known as Nxt-ID, Inc.
Where is LogicMark, Inc. incorporated?
LogicMark, Inc. is incorporated in Nevada.
Who is the Chief Financial Officer of LogicMark, Inc.?
Mark Archer is the Chief Financial Officer of LogicMark, Inc.
Filing Stats: 4,652 words · 19 min read · ~16 pages · Grade level 14.3 · Accepted 2025-02-11 17:21:09
Key Financial Figures
- $1.00 — Units") at an assumed offering price of $1.00 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"); (ii) on
- $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
- $0.82 — tock on Nasdaq on February 10, 2025 was $0.82 per share. On November 18, 2024, we eff
- $12 million — this offering is less than or equal to $12 million; and (ii) equal to 10% of every dollar
- $12 m — aid by investors in this offering above $12 million, in the event such aggregate purc
- $200,000 — ue of the Series C Preferred Stock from $200,000 per share to $2,000,000 per share. Each
- $2,000,000 — ferred Stock from $200,000 per share to $2,000,000 per share. Each of the November 2024 Re
Filing Documents
- ea0230740-s1a3_logicmark.htm (S-1/A) — 2178KB
- ea023074001ex4-17_logic.htm (EX-4.17) — 122KB
- ea023074001ex5-1_logic.htm (EX-5.1) — 15KB
- ea023074001ex23-1_logic.htm (EX-23.1) — 2KB
- ea023074001ex-fee_logic.htm (EX-FILING FEES) — 89KB
- image_001.jpg (GRAPHIC) — 4KB
- image_002.jpg (GRAPHIC) — 1KB
- image_003.jpg (GRAPHIC) — 2KB
- image_004.jpg (GRAPHIC) — 2KB
- image_005.jpg (GRAPHIC) — 2KB
- image_006.jpg (GRAPHIC) — 2KB
- image_007.jpg (GRAPHIC) — 2KB
- image_008.jpg (GRAPHIC) — 2KB
- image_009.jpg (GRAPHIC) — 2KB
- ex5-1_001.jpg (GRAPHIC) — 6KB
- ex5-1_002.jpg (GRAPHIC) — 2KB
- 0001213900-25-012287.txt ( ) — 8405KB
- lgmk-20240930.xsd (EX-101.SCH) — 73KB
- lgmk-20240930_cal.xml (EX-101.CAL) — 52KB
- lgmk-20240930_def.xml (EX-101.DEF) — 333KB
- lgmk-20240930_lab.xml (EX-101.LAB) — 697KB
- lgmk-20240930_pre.xml (EX-101.PRE) — 356KB
- ea0230740-s1a3_logicmark_htm.xml (XML) — 801KB
Business
Business 40 Management 47 Certain Relationships and Related Person Transactions 50 Executive Compensation 51 Security 55 Description of Securities That We Are Offering 58 Material U.S. Federal Income Tax Consequences to Holders of Common Stock, Pre-Funded Warrants and Warrants 63 Plan of Distribution 70 Legal Matters 75 Experts 75 Where You Can Find More Information 75 Index to Financial Statements F-1 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, 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 agent 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 busines
Forward-Looking Statements," "Management's Discussion and Analysis of Financial Condition and Results of Operations"
Forward-Looking Statements," "Management's Discussion and Analysis of Financial Condition and Results of Operations" and our consolidated financial statements and the related notes included elsewhere in this prospectus, before making a decision about whether to invest in our securities. When used herein, unless the context requires otherwise, references to the "LogicMark," "Company," "we," "our" and "us" refer to LogicMark, Inc., a Nevada corporation. Company Overview LogicMark, Inc. provides personal emergency response systems ("PERS"), health communications devices, and Internet of Things ("IoT") technology that creates a connected care platform. The Company's devices provide people with the ability to receive care at home and age independently. The Company's PERS devices incorporate two-way voice communication technology directly in the medical alert pendant and provide life-saving technology at a customer-friendly price point aimed at everyday consumers. These PERS technologies as well as other personal safety devices are sold direct-to-consumer through the Company's eCommerce website and Amazon.com, through resellers, as well as directly to the United States Veterans Health Administration (the "VHA"). The Company was awarded a contract by the U.S. General Services Administration (the "GSA") that enables the Company to distribute its products to federal, Healthcare LogicMark builds technology to remotely check, manage and monitor a loved one's health and safety. The Company is focused on modernizing remote monitoring to help people stay safe and live independently longer. We believe there are five trends driving the demand for better remote monitoring systems: 1. The "Silver Tsunami" . With 11,000 Baby Boomers turning 65 in the U.S. every day, there will be more older adults than children under 18 for the first time in the near future. With 72 million "Baby Boomers" in the United States, they are not