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CURRENT REPORT
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Item 8.01 Other Events.
As previously disclosed, on May 8, 2024, the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notified LogicMark, Inc. (the “Company”) that it was not in compliance with Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”), and that the Company had 180 calendar days, or until November 4, 2024, to regain compliance with the Minimum Bid Price Requirement. Also as previously disclosed, on November 8, 2024, the Staff granted an additional 180 calendar days, or until May 5, 2025, for the Company to regain compliance with the Minimum Bid Price Requirement. On December 4, 2024, the Company received a letter from the Staff providing that for the last 10 consecutive business days, from November 19, 2024 to December 3, 2024, the closing bid price of the Company’s common stock had been at $1.00 per share or greater, therefore the Company had regained compliance with the Minimum Bid Price Requirement, and that this matter is now closed.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: December 6, 2024 | LogicMark, Inc. | ||
By: | /s/ Mark Archer | ||
Name: | Mark Archer | ||
Title: | Chief Financial Officer |
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