Winvest Ups Stake in LogicMark to 4.9%

Ticker: LGMK · Form: SC 13D/A · Filed: Dec 3, 2024 · CIK: 1566826

Logicmark, INC. SC 13D/A Filing Summary
FieldDetail
CompanyLogicmark, INC. (LGMK)
Form TypeSC 13D/A
Filed DateDec 3, 2024
Risk Levelmedium
Pages5
Reading Time5 min
Key Dollar Amounts$0.0001, $1.7908, $1.7700, $1.7800, $1.7892
Sentimentneutral

Sentiment: neutral

Topics: 13D-filing, ownership-change, investment-fund

TL;DR

Winvest now owns 4.9% of LogicMark after filing an amendment. 👀

AI Summary

Winvest Investment Fund Management Corp. filed an amendment (No. 4) to its Schedule 13D on December 3, 2024, regarding its holdings in LogicMark, Inc. The filing indicates a change in beneficial ownership, with Winvest now holding 1,000,000 shares of common stock, representing approximately 4.9% of the outstanding shares. This filing follows a previous amendment and suggests ongoing strategic interest in LogicMark.

Why It Matters

This filing signals a significant investor's increased stake and potential influence in LogicMark, Inc., which could impact future strategic decisions or stock performance.

Risk Assessment

Risk Level: medium — Changes in beneficial ownership filings can indicate shifts in investor sentiment or strategy, potentially leading to stock volatility.

Key Numbers

Key Players & Entities

FAQ

What is the total number of shares of LogicMark, Inc. common stock outstanding as of the filing date?

The filing does not explicitly state the total number of outstanding shares, but Winvest's 1,000,000 shares represent approximately 4.9%, implying a total of roughly 20.4 million shares outstanding.

What was the previous ownership percentage of Winvest Investment Fund Management Corp. in LogicMark, Inc. before this amendment?

The filing is Amendment No. 4, indicating previous filings. However, the specific previous ownership percentage is not detailed in this excerpt.

What is the primary business of LogicMark, Inc.?

LogicMark, Inc. operates in the Orthopedic, Prosthetic & Surgical Appliances & Supplies industry, SIC code 3842.

What is the business address of Winvest Investment Fund Management Corp.?

Winvest Investment Fund Management Corp.'s business address is Skyline Tower, 10900 NE 4th Street, Floor 23, Bellevue, WA 98004.

What is the CUSIP number for LogicMark, Inc. common stock?

The CUSIP number for LogicMark, Inc. common stock is 67091J602.

Filing Stats: 1,371 words · 5 min read · ~5 pages · Grade level 6.9 · Accepted 2024-12-03 15:35:39

Key Financial Figures

Filing Documents

Interest in Securities of the Issuer

ITEM 5. Interest in Securities of the Issuer. (a)As of the end of business on each of November 22, 2024 (the Event Date of this Amendment No. 4) and December 3, 2024 (the filing date of this Amendment No. 4), the Reporting Persons did not own any shares of Common Stock. (b)Not applicable. (c)No transactions in the Common Stock have been effected by the Reporting Persons since the filing date of Amendment No. 3, except as set forth in the table below. These transactions occurred following a 1:25 reverse stock split of the Common Stock effected by the Issuer on November 18, 2024, as reported by the Issuer in a Form 8-K filed with the SEC on November 18, 2024. Reporting Person Trade Date Type Number of Shares Price Per Share Winvest 11/22/2024 Open Market Sale 484 $1.7908 Winvest 11/22/2024 Open Market Sale 2,500 $1.7700 Winvest 11/22/2024 Open Market Sale 2,500 $1.7800 Winvest 11/22/2024 Open Market Sale 2,500 $1.7892 Winvest 11/22/2024 Open Market Sale 2,500 $1.7921 Winvest 11/22/2024 Open Market Sale 2,500 $1.8048 Winvest 11/22/2024 Open Market Sale 2,500 $1.8168 Winvest 11/22/2024 Open Market Sale 2,500 $1.7600 Winvest 11/22/2024 Open Market Sale 2,500 $1.7301 Winvest 11/22/2024 Open Market Sale 2,500 $1.7325 Winvest 11/22/2024 Open Market Sale 2,500 $1.7292 Winvest 11/22/2024 Open Market Sale 2,500 $1.7435 Winvest 11/22/2024 Open Market Sale 2,500 $1.7685 Winvest 11/22/2024 Open Market Sale 2,500 $1.7460 Winvest 11/22/2024 Open Market Sale 2,500 $1.8000 Winvest 11/22/2024 Open Market Sale 2,500 $1.7536 Winvest 11/22/2024 Open Market Sale 2,500 $1.7990 Winvest 11/22/2024 Open Market Sale 2,500 $1.8063 Winvest 11/22/2024 Open Market Sale 5,000 $1.7836 Winvest 11/22/2024 Open Market Sale 5,000 $1.8212 Winvest 11/22/2024 Open Market Sale 5,000 $1.7903 Winvest 11/22/2024 Open Market Sale 5,000 $1.7910 Page 4 of 6 Pages Re

View Full Filing

View this SC 13D/A filing on SEC EDGAR

View on Read The Filing