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0 0 -0.00398406374502001 -0.00398406374502001 0.00398406374501984 0.0756972111553785 0.0239043824701195 -0.0717131474103586
Stock impact report

LGMK: New Freedom Alert Mini & Freedom Alert Max Expand Product Suite [Yahoo! Finance]

LogicMark, Inc. (LGMK) 
Company Research Source: Yahoo! Finance
Last week LogicMark, Inc. (NASDAQ:LGMK) reported strong 3Q24 results, as the company transforms its business from a hardware company generating one-time revenue from sales of personal emergency response systems (PERS) to a broader personal safety company offering solutions for a substantially wider target market. Over time, the company expects new products and services to both diversify and augment its revenue streams and contribute to growing recurring revenues. A key component of the growth strategy is to expand the product line and boost awareness and sales of a growing suite of products and services. LGMK also implemented a 1:25 reverse stock split of outstanding LGMK common shares and series C preferred shares. As a result of the reverse share splits, the company also regained compliance with the Nasdaq listing rule requiring that listed shares maintain a minimum price of $1.00 per share. The company has also adopted a shareholder rights plan. LogicMark's strong 3Q24 results w Show less Read more
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