LogicMark, Inc. offers personal emergency response systems (PERS), health communications devices, and Internet of Things (IoT) technology that creates a connected care platform in the United States. The company, through its subsidiary, LogicMark LLC, manufactures and distributes non-monitored and monitored personal emergency response systems sold through healthcare durable medical equipment and monitored security dealers/distributors, and the United States Department of Veterans Affairs. The company was formerly known as Nxt-ID, Inc. and changed its name to LogicMark, Inc. in March 2022. LogicMark, Inc. was founded in 2006 and is based in Louisville, Kentucky.
IPO Year:
Exchange: NASDAQ
Website: https://www.logicmark.com
LOUISVILLE, Ky., April 28, 2025 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK) (the "Company"), a provider of personal emergency response systems (PERS), health communication devices, and technology for the growing care economy, today announced changes to its Board committee assignments. The LogicMark Board of Directors maintains an Audit Committee, a Compensation Committee, and a Nominating and Corporate Governance Committee. The Board comprises four independent non-executive directors who serve on the Committees and the Company's Chief Executive Officer (CEO), totaling five directors. The following new Board committee assignments reflect LogicMark's ongoing efforts to ensure that it
LOUISVILLE, Ky., April 01, 2025 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK), a provider of personal emergency response systems (PERS), health communications devices, and advanced technology for the growing personal care and safety economy, today announced a major breakthrough in senior care access. The company's Freedom Alert Max, its latest medical alert innovation, has secured approval to be procured through the U.S. General Services Administration (GSA). This approval empowers agencies, including the Veterans Administration (VA), to purchase and distribute the Freedom Alert Max to the communities they serve. This latest milestone expands LogicMark's federal portfolio, with the F
LOUISVILLE, Ky., Feb. 18, 2025 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK) (the "Company"), a provider of personal emergency response systems, health communications devices, and technology for the growing care economy, today announced the closing of its public offering. The public offering consisted of 2,260,000 units and 22,146,750 pre-funded units, with each unit consisting of one share of common stock (or for each pre-funded unit, one pre-funded warrant in lieu of one share of common stock), one Series C warrant to purchase one share of common stock and one Series D warrant to purchase one share of common stock. Gross proceeds, before deducting placement agent fees and estimated
LOUISVILLE, Ky., Feb. 18, 2025 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK) (the "Company"), a provider of personal emergency response systems, health communications devices, and technology for the growing care economy, today announced the pricing of its public offering and the scheduling of its special stockholder meeting for March 24, 2025. Public Offering The public offering consists of 2,260,000 units and 22,146,750 pre-funded units, with each unit consisting of one share of common stock (or for each pre-funded unit, one pre-funded warrant in lieu of one share of common stock), one Series C warrant to purchase one share of common stock and one Series D warrant to purchase one sh
LOUISVILLE, Ky., Feb. 11, 2025 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK) (the "Company"), a provider of personal emergency response systems (PERS), health communication devices, and technology for the growing care economy, today announced the launch of the next generation of Guardian Alert 911 Plus, its best-selling medical alert device. "For LogicMark, innovation means accessibility," commented Chia-Lin Simmons CEO. "We continue executing on our strategy to expand our footprint in the care economy, with products that are easy-to-use and available to a broad range of consumers. The product launch represents another step forward in our mission to provide compassionate, forward-thin
LOUISVILLE, Ky., Jan. 14, 2025 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK), a provider of personal emergency response systems (PERS), health communications devices, and technology for the growing personal care and safety economy, today announced expanding access to its safety devices through the Medicaid Waiver system in Colorado, Oregon, Idaho, Utah, Nevada, and South Dakota. This new government integration will enable eligible individuals to receive full or partial reimbursement for monthly monitoring fees when leasing LogicMark's medical alert devices. Eligible seniors can now access LogicMark's renowned safety devices without incurring significant out-of-pocket costs.
LOUISVILLE, Ky., Nov. 19, 2024 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK) (the "Company"), a provider of personal emergency response systems (PERS), health communication devices, and technology for the growing care economy, today announced the launch of Freedom Alert Max, the latest advancement in the company's on-the-go product suite. The most advanced medical alert on the market, the Freedom Alert Max offers over-the-air updates providing new features and improvements regularly, such as medication reminders and the fall detection algorithm. Freedom Alert Max offers geofencing for patients with dementia and Alzheimer's, cellular communication technology, fall detection, and the 988
LOUISVILLE, Ky., Nov. 15, 2024 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK) (the "Company"), a provider of personal emergency response systems (PERS), health communications devices, and technology for the growing care economy, today announced that the Company's board of directors has approved a reverse stock split of its common stock at a ratio of 1 post-split share for every 25 pre-split shares. The Company's board of directors also approved a corresponding 1-for-25 reverse stock split ratio for its Series C preferred stock, which will occur simultaneously with the reverse stock split of its common stock. The reverse stock splits were approved at a Special Meeting of Stockholders, h
LOUISVILLE, Ky., Nov. 12, 2024 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK), a provider of personal safety, emergency response systems (PERS), health communications devices, and technology for the growing care and safety economy, today announced financial results for the third quarter ended September 30, 2024. Financial and Operational Highlights: Revenues rose to $2.7 million in the third quarter of 2024, a 14% year-over-year increase.Gross profit increased to $1.8 million, a 13% increase over the third quarter of 2023.Gross margin was 67%, a level consistently maintained over the past six quarters.Overall operating expenses were $3.4 million, flat with the prior year period. Chia
LOUISVILLE, Ky., Nov. 12, 2024 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK), a provider of personal safety, emergency response systems (PERS), health communications devices, and technology for the growing care and safety economy, today announced a strategic partnership with Black Knight Medical, LLC, a Service-Disabled Veteran-Owned Small Business (SDVOSB). This collaboration will enable LogicMark to leverage Black Knight Medical's expertise in medical supply distribution and government contracting to enhance access to medical alert devices for veterans across the U.S. The partnership combines Black Knight Medical's proficiency in government contracting and medical supply distributio
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LOUISVILLE, Ky., Nov. 12, 2024 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK), a provider of personal safety, emergency response systems (PERS), health communications devices, and technology for the growing care and safety economy, today announced financial results for the third quarter ended September 30, 2024. Financial and Operational Highlights: Revenues rose to $2.7 million in the third quarter of 2024, a 14% year-over-year increase.Gross profit increased to $1.8 million, a 13% increase over the third quarter of 2023.Gross margin was 67%, a level consistently maintained over the past six quarters.Overall operating expenses were $3.4 million, flat with the prior year period. Chia
LOUISVILLE, Ky., Nov. 01, 2024 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK), ("LogicMark" or the "Company"), a provider of personal 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 ow
LOUISVILLE, Ky., Oct. 31, 2024 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK), a provider of emergency response systems, health communications devices, and technology for the growing personal safety and care economy, will issue a press release announcing its financial results for the third quarter ended September 30, 2024, after the market close on Tuesday, November 12, 2024. Ms. Chia-Lin Simmons, CEO, and Mr. Mark Archer, CFO, will host a live investor call and webcast the same day at 1:30 PM (PST) / 4:30 PM (EST) to review the results. Investors and analysts wishing to participate in the conference call must dial in here: Participant Toll-Free Dials: (800) 715-9871Participant Toll D
LOUISVILLE, Ky., July 30, 2024 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK) a provider of personal emergency response systems, health communications devices, and technology for the personal safety and the growing care economy, will issue a press release announcing its financial results for the second quarter ended June 30, 2024 after the market close on August 13, 2024. Ms. Chia-Lin Simmons, CEO, and Mr. Mark Archer, CFO, will host a live investor call and webcast the same day at 1:30 PM (PDT) / 4:30 PM (EDT) to review the results. Investors wishing to participate in the conference call must register to obtain their dial-in and pin number here https://register.vevent.com/register/BI
LOUISVILLE, Ky., April 18, 2024 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK), a provider of personal emergency response systems (PERS), health communications devices, and technology for the growing care economy, today announced financial results for the fourth quarter and full year ended December 31, 2023. Chia-Lin Simmons, Chief Executive Officer, shared her thoughts on LogicMark's results stating, "Our team's remarkable accomplishments during 2023 are a testament to our collective dedication. We finished the year with strong momentum, increasing fourth-quarter revenues by 13% and improving gross profit by 21% year-over-year. Moreover, we achieved a 66% gross margin in the fo
LOUISVILLE, Ky., April 01, 2024 (GLOBE NEWSWIRE) -- LogicMark, Inc. (Nasdaq: LGMK), a provider of personal emergency response systems, health communications devices, and technology for the growing care economy, today announced that it has postponed the release of fourth-quarter and full-year 2023 financial results, and the conference call originally scheduled for April 1, 2024. The Company is filing an extension with the SEC to allow for more time to complete its 2023 Annual Report on Form 10-K. For more information, please visit https://investors.logicmark.com/ for all of the company's press releases and SEC filings, as well as the eCommerce site at https://www.logicmark.com/. About UsL
LOUISVILLE, Ky., March 27, 2024 (GLOBE NEWSWIRE) -- LogicMark, Inc. (Nasdaq: LGMK), a provider of personal emergency response systems, health communications devices, and technology for the growing care economy, today announced that it has rescheduled the release of fourth quarter and full year 2023 financial results, originally scheduled for March 27, 2024. LogicMark now expects to release results before the market opens on Monday, April 1, 2024. The conference call will be held the same day at 1:30 p.m. PDT / 4:30 p.m. EDT, hosted by Ms. Chia-Lin Simmons, CEO, and Mr. Mark Archer, CFO. Investors and analysts wishing to participate in the conference call must register to obtain their dia
LOUISVILLE, Ky., March 13, 2024 (GLOBE NEWSWIRE) -- LogicMark, Inc. (Nasdaq: LGMK), a provider of personal emergency response systems, health communications devices, and technology for the growing care economy, today announced that on March 27, 2024, after market close, the Company will release financial results for the fourth quarter and full year ended December 31, 2023. Ms. Chia-Lin Simmons, CEO, and Mr. Mark Archer, CFO, will host a live investor call and webcast to review the results the same day at 1:30 PM (PDT) / 4:30 PM (EDT). Investors and analysts wishing to participate in the conference call must register to obtain their dial-in and pin number here https://register.vev
Shipments of Freedom Alert Plus Underway New PERS Device Expected to Launch in Fourth Quarter Expanded Board of Directors Adds Expertise LOUISVILLE, Ky., Nov. 09, 2023 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK), a provider of personal emergency response systems (PERS), health communications devices, and technology for the growing care economy, announced financial results for the third quarter ended September 30, 2023, and recent highlights. Results and Recent Highlights: Gross margin percentage improved to 67% in the third quarter of 2023, a five percentage point increase compared to 62% for the prior year period.Revenues were $2.4 million, compared with $2.8 million for t
LOUISVILLE, Ky., Oct. 26, 2023 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK), a provider of personal emergency response systems, health communications devices, and technology for the growing care economy, will issue a press release announcing financial results for the third quarter ended September 30, 2023, after market close on November 9, 2023. Ms. Chia-Lin Simmons, CEO, and Mr. Mark Archer, CFO, will host a live investor call and webcast the same day at 1:30 PM (PDT) / 4:30 PM (EDT) to review the results. Investors wishing to participate in the conference call must register to obtain their dial-in and pin number here https://register.vevent.com/register/BI5a557980b737415b9
LOUISVILLE, Ky., Oct. 31, 2023 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK) (the "Company"), creator of the most innovative personal safety and security technology designed for the care economy, today announced that Carine Schneider, FGE, and Tom Wilkinson will join as the newest members of its Board of Directors. Ms. Schneider and Mr. Wilkinson both bring decades of corporate governance, finance, operations, technology, M&A, advisory and CEO experience. "I am thrilled to welcome Carine and Tom to our Board of Directors. Carine's demonstrated history of leadership and innovation in the technology and finance sectors, coupled with Tom's extensive experience and influential work with a
LOUISVILLE, Ky., Oct. 31, 2023 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK) (the "Company"), creator of the most innovative personal safety and security technology designed for the care economy, today announced that Carine Schneider, FGE, and Tom Wilkinson will join as the newest members of its Board of Directors. Ms. Schneider and Mr. Wilkinson both bring decades of financial services, international business, and consulting experience. "I am thrilled to welcome Carine and Tom to our Board of Directors. Carine's demonstrated history of leadership and innovation in the technology and finance sectors, coupled with Tom's extensive experience and influential work with a variety of succes
Modivcare Inc. (the "Company" or "Modivcare") (NASDAQ:MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions focused on improving health outcomes, today announced that Barbara Gutierrez has agreed to join Modivcare as its Chief Financial Officer (CFO) with an expected start date of September 18, 2023. "I am delighted to announce the appointment of Barbara Gutierrez as our new Chief Financial Officer. Barb is an established finance leader within the healthcare industry, and I am confident that she will help Modivcare drive results as we advance our journey to becoming One Modivcare," said L. Heath Sampson, Chief Executive Of
LOUISVILLE, Ky., March 07, 2023 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK) (the "Company") today announced the results of the Special Meeting of Stockholders, held this afternoon. All proposals subject to vote were approved by shareholders, including the ratification of the appointment of BPM LLP as the Company's independent registered public accountants for the fiscal year ending December 31, 2022, the adoption of the Company's 2023 Stock Incentive Plan, the reincorporation of the Company from Delaware to Nevada, and the Company's two reverse stock split proposals relating to the Company's common stock and Series C preferred stock, as described in the Proxy Statement on Schedule
LOUISVILLE, Ky., Dec. 08, 2022 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK) (the "Company" or "LogicMark"), a provider of personal emergency response systems (PERS), health communications devices, and technology for the growing care economy, today announces the appointment of Brady Farrell as its new Vice President of Sales. Mr. Farrell joins LogicMark with extensive sales experience at various MedTech firms. Most recently, he was vice president of sales at KBK Healthcare Consulting where he was responsible for the leadership and direction of key business partner engagements, business development and strategic planning. Prior to this role, Mr. Farrell served as sales director at Avin
LOUISVILLE, Ky., Oct. 20, 2022 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK) (the "Company" or "LogicMark"), a provider of personal emergency response systems (PERS), health communications devices, and technology for the growing care economy, today announces the appointment of senior marketing executive Garett Hunter as its Senior Vice President of Marketing effective October 17, 2022. Mr. Hunter joins LogicMark with 20 years of relevant marketing experience, most recently in his role as senior vice president and general manager of LifeMD Inc, a rapidly growing direct-to-consumer telemedicine company. Prior to this role, Mr. Hunter served as vice president of growth at Yumi, Inc., an
LOUISVILLE, Ky., Sept. 09, 2022 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK) (the "Company" or "LogicMark"), a provider of personal emergency response systems (PERS), health communications devices, and technology for the growing care economy, today announced the appointment of John Federico as senior director, product for the Company, effective September 7, 2022. "John has extensive experience in product management across a number of technologies, and a measured ability to work collaboratively with teams in the creation and commercialization of technology offerings for business and the consumer alike. We look forward to working closely with him as we continue to execute on our strate
LOUISVILLE, Ky., Sept. 01, 2022 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK) (the "Company" or "LogicMark"), a provider of personal emergency response systems (PERS), health communications devices, and technology for the growing care economy, today announces the results from its 2022 annual general meeting of shareholders held August 25, 2022. All five of the Board's nominees - Chia-Lin Simmons, Robert A. Curtis, Sherice R. Torres, John Pettitt, and Barbara Gutierrez were elected to serve as directors of the Company. The appointment of BPM as the independent registered public accounting firm of the Company for the fiscal year ending December 31, 2022 was not ratified by the affirmati
LOUISVILLE, Ky., May 24, 2022 /PRNewswire/ -- LogicMark, Inc. (NASDAQ:LGMK) (the "Company" or "LogicMark") (formerly Nxt-ID, Inc.), a provider of personal emergency response systems (PERS), health communications devices, and IoT technology for the growing care economy, today announces the appointment of seasoned financial executive Barbara Gutierrez to its Board of Directors. Ms. Gutierrez will chair the Audit Committee of the Board. Ms. Gutierrez is an accomplished leader with more than 30 years of experience in executive and financial leadership roles with high growth, entre
LOUISVILLE, Ky., April 19, 2022 /PRNewswire/ -- LogicMark, Inc. (NASDAQ:LGMK) (the "Company" or "LogicMark") (formerly Nxt-ID, Inc.), a provider of personal emergency response systems (PERS), health communications devices, and IoT technology for the growing Care Economy, announces financial and operating results for the fourth quarter and full year ended December 31, 2021. Chia-Lin Simmons, LogicMark's Chief Executive Officer, commented, "As we close the books on 2021, we open a new chapter for our company, which focuses on building a growth-oriented technology platform. L
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