Certain Common Stock of LogicMark, Inc. are subject to a Lock-Up Agreement Ending on 25-JUL-2023.
July 24, 2023
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Certain Common Stock of LogicMark, Inc. are subject to a Lock-Up Agreement Ending on 25-JUL-2023. These Common Stock will be under lockup for 183 days starting from 23-JAN-2023 to 25-JUL-2023.
Details:
Executive officers and directors and certain holders of three percent (3.0%) or more of company's outstanding shares of Common Stock have agreed to a six-month ?lock-up? from the closing date of the offering of shares of common stock that they beneficially own, including the issuance of Common Stock upon the exercise of currently outstanding convertible securities and options and options which may be issued. This means that, for a period of six (6) months following such closing date, such persons may not offer, sell, pledge or otherwise dispose of these securities without the prior written consent of the representative.
LogicMark, Inc. provides personal emergency response systems (PERS), health communications devices, and Internet of Things (IoT) technology that creates a connected care platform. The Companyâs devices provide people with the ability to receive care at home and age independently. Its PERS devices incorporate two-way voice communication technology directly in the medical alert pendant. These PERS technologies are sold direct-to-consumer through the Companyâs e-commerce Website, through dealers and distributors, as well as through the United States Veterans Health Administration (VHA). It provides no monthly fee products, which only require a one-time purchase expense, instead of a contract with recurring monthly charges. Its no monthly fee products contact family, friends, or 911 directly, eliminating the recurring monthly fee from a monitoring center. The Companyâs PERS products include Guardian Alert 911 Plus, Freedom Alert Plus, Guardian Alert 911, and LifeSentry.
LOGICMARK, INC. 
