LogicMark Completes $1.31/Share Cash Merger with Langham Project, Goes Private
LGMK has more than doubled off its 52-week low of $0.35.
Summary
LogicMark completed its merger with Langham Project LLC on October 13, 2026. Each share was converted into $1.31 in cash, and the company is now a wholly owned subsidiary of Langham Project.
Key Events · M&A and Partnerships · LGMK
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Merger Completed
Merger Sub merged into LogicMark on October 13, 2026, with LogicMark surviving as a wholly owned subsidiary of Langham Project LLC.
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Cash Consideration
Each outstanding share of common stock was canceled and converted into the right to receive $1.31 in cash, without interest.
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Director Resignations
All four independent directors — Carine Schneider, Barbara Gutierrez, Robert Curtis, and John Pettitt — resigned effective October 7, 2026, with no disagreements reported.
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Equity Plans Terminated
The Board terminated the 2017 and 2023 Stock Incentive Plans on October 8, 2026; all outstanding equity awards were canceled and converted into merger consideration.
Analysis · LGMK · Industrial Applications And Services
The merger closed on October 13, 2026, converting each outstanding share into $1.31 in cash. This is the final step in a going-private transaction that was first announced on August 3, 2026 and approved by shareholders on October 5, 2026. The filing also confirms the resignation of all four independent directors and the termination of both stock incentive plans, completing the transition to private ownership.
How filings like this one have moved
In the 30 days to Oct 13, 2026, 44.1% of the 299 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.62%. 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 $1.20 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 $2.85. This filing was assessed with neutral market sentiment and an importance score of 9 out of 10.