About LogicMark Company
LogicMark, Inc. provides technology products and services for healthcare applications that enable the Internet of Things (IoT). It operates business in one segment-hardware and software security systems and applications. The firm develops and markets solutions for payment and IoT applications. Its technology products and solutions include MobileBio, a suite of biometric solutions that secure consumers' mobile platforms, the Wocket, a next-generation smart wallet and the Flye, a digital credit card developed in collaboration with WorldVentures. The company was founded by Gino Miguel Pereira and David Charles Tunnell on February 8, 2012 and is headquartered Louisville, KY.
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LogicMark, Morphosys AG Among Healthcare Movers
Based on the provided information, it seems that LogicMark, Inc. is undergoing a significant financial transaction involving the issuance and exercise of warrants. The company has entered into warrant inducement agreements with certain holders to exercise existing warrants, resulting in potential gross proceeds of up to approximately $1.3 million.
Additionally, the company has engaged a financial advisor and agreed to a financial advisory fee of 7% of the aggregate gross pr...