LogicMark agrees to be acquired by Langham Project for $1.31 per share in cash

Reuters2026/08/03 21:08

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LogicMark entered a July 31, 2026 merger agreement with Langham Project and its subsidiary, Langham Merger Sub.
Merger Sub is set to merge into LogicMark, leaving LogicMark as a wholly owned subsidiary of Langham Project.
Common shares are slated to be cancelled for cash consideration of USD 1.31 per share at closing.
Outstanding warrants would be cancelled and redeemed; options would be cashed out for the spread over their exercise prices.
Series C non-convertible voting preferred stock is expected to be redeemed for about USD 2 million, excluding any accrued interest.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LogicMark Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-084705), on August 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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LogicMark agrees to be acquired by Langham Project for $1.31 per share in cash

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