LogicMark Amends Going-Private Filing: Series J Conversion Terms and 156% Premium Disclosed
LGMK has more than doubled off its 52-week low of $0.35.
Summary
LogicMark's amended going-private statement adds Series J Preferred conversion terms and a revised 156% merger premium, with the vote now set for October 5, 2026.
Key Events · M&A and Partnerships · LGMK
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Series J Conversion Terms Disclosed
Each Series J Preferred share converts to 0.976 common shares at the Effective Time, with a make-whole payment if aggregate merger consideration for those shares is less than $320,000.
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Merger Premium Revised to 156%
The $1.31 per share cash consideration now represents a 156% premium to the unaffected closing price of $0.5119 on July 31, 2026, up from the previously disclosed 122%.
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Special Meeting Rescheduled
The stockholder vote on the merger has been moved from September 25 to October 5, 2026, at 1:00 p.m. Eastern Time.
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SEC Staff Comments Addressed
This amendment responds to oral comments received from the SEC staff on August 28, 2026, and incorporates the revised definitive proxy filed today.
Analysis · LGMK · Industrial Applications And Services
LogicMark's Amendment No. 2 to its Schedule 13E-3 incorporates the revised proxy and adds new Series J Preferred Stock conversion terms — a 1-to-0.976 ratio with a make-whole payment if aggregate consideration falls below $320,000. The merger vote has been rescheduled to October 5, 2026, and the premium to the unaffected price is now 156%, up from 122%. These are material updates to the going-private transaction that affect how preferred holders are treated and how the deal economics are presented to common stockholders.
How filings like this one have moved
In the 30 days to Sep 12, 2026, 35.3% of the 1492 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.19%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, LGMK was trading at $1.25 on OTC in the Industrial Applications And Services sector, with a market capitalization of approximately $1.1M. The 52-week trading range was $0.35 to $5.55. This filing was assessed with neutral market sentiment and an importance score of 8 out of 10.