LogicMark Prices $4.5M Public Offering Of 9.67M Units, With Each Unit Consisting Of 1 Share Of Common Stock (Or Pre-funded Warrant In Lieu Thereof), 1 Series A Warrant To Purchase 1 Share Of Common Stock And 1 Series B Warrant To Purchase 1 Share Of...
LogicMark Prices $4.5M Public Offering Of 9.67M Units, With Each Unit Consisting Of 1 Share Of Common Stock (Or Pre-funded Warrant In Lieu Thereof), 1 Series A Warrant To Purchase 1 Share Of Common Stock And 1 Series B Warrant To Purchase 1 Share Of...
LogicMark Prices $4.5M Public Offering Of 9.67M Units, With Each Unit Consisting Of 1 Share Of Common Stock (Or Pre-funded Warrant In Lieu Thereof), 1 Series A Warrant To Purchase 1 Share Of Common Stock And 1 Series B Warrant To Purchase 1 Share Of Common Stock, Each Unit Is Being Sold At A Public Offering Price Of $0.4654
LogicMark定價450萬美元的公開發行967萬個單位，每個單位包括一股普通股（或該股的代替認購權），一系列A認購權買入一股普通股，一系列B認購權買入一股普通股，每個單位的公開發行價格爲0.4654美元。
LogicMark, Inc. (NASDAQ:LGMK), a provider of personal emergency response systems, health communications devices, and technology for the growing care economy, today announced the pricing of its public offering priced at-the-market, and the scheduling of its special stockholder meeting for October 1, 2024.
提供個人緊急響應系統、健康通訊設備和科技的LogicMark, Inc.（NASDAQ:LGMK）宣佈其公開發行按市價定價，並安排特別股東大會於2024年10月1日舉行。
Public Offering
公開發售
The public offering consists of 9,670,000 units, with each unit consisting of one share of common stock (or pre-funded warrant in lieu thereof), one Series A warrant to purchase one share of common stock and one Series B warrant to purchase one share of common stock. Gross proceeds, before deducting placement agent discounts and commissions and estimated offering expenses, are expected to be approximately $4.5 million. The Company currently intends to use the net proceeds from the offering for working capital and general corporate purposes.
公共發行包括967萬個單位，每個單位由一股普通股（或該股的代替認購券）、一系列A認購權買入一股普通股和一系列B認購權買入一股普通股組成。扣除配售代理商折扣和佣金以及預計發售費用之前，募集的總收益預計約爲450萬美元。公司目前打算利用發售所得淨額進行營運資本和一般企業目的。
Each unit is being sold at a public offering price of $0.4654. Each of the Series A warrants and Series B warrants will only be exercisable upon receipt of stockholder approval. Each of the warrants are exercisable at a price of $0.4654 per share, with the Series A warrants expiring 5 years from the date of their issuance and the Series B warrants expiring 2.5 years from the date of their issuance. The shares of common stock (or pre-funded warrants in lieu thereof) and accompanying Series A warrants and Series B warrants included in the units and in the pre-funded units can only be purchased together in the offering but will be issued separately and will be immediately separable upon issuance.
每個單位的公開發行價格爲0.4654美元。系列A認購權和B認購權僅在獲得股東批准後方可行權。每個認購權的行權價格爲0.4654美元，系列A認購權自發放日起5年到期，系列B認購權自發放日起2.5年到期。普通股（或該股的代替認購權）和隨附的系列A認購權和系列B認購權僅可一起購買，但將分別發放，並在發放後立即可分離。
The offering is expected to close on August 5, 2024, subject to customary closing conditions.
該發行預計於2024年8月5日結束，須符合慣常的交割條件。