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-0.0225563909774436 0.0159774436090226 -0.025375939849624 -0.025375939849624 0.0338345864661655 -0.00939849624060151 -0.0328947368421053 -0.0131578947368421
Stock impact report

LogicMark, Inc. Announces Adoption of Shareholder Rights Agreement [Yahoo! Finance]

LogicMark, Inc. (LGMK) 
Company Research Source: Yahoo! Finance
safety, emergency response systems (PERS), health communications devices, and technology for the growing care and safety economy, today announced that it has entered into a Rights Agreement with Nevada Agency and Transfer Company (the “Rights Agreement”) to protect shareholder rights and long-term shareholder value. This decision has been taken in response to recent actions by Winvest Investment Fund Management Corp. (“Winvest”), which recently disclosed in public filings with the U.S. Securities and Exchange Commission (“SEC”) that it (i) purportedly owns approximately 67% of LogicMark's common stock (“Common Stock”) and (ii) attempted to implement significant changes to the Company's bylaws by written consent (the “Winvest Consent”), including the replacement of certain members of LogicMark's Board of Directors (the “Board”). As reported in the Schedule 13D amendment filed by Winvest with the SEC on October 30, 2024, the Company delivered a cease and desist letter to Winvest on Show less Read more
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