LogicMark Inc. Faces Nasdaq Delisting Due to Failure to Meet Minimum Bid Price Requirement

Reuters05-31

LogicMark Inc. Faces Nasdaq Delisting Due to Failure to Meet Minimum Bid Price Requirement

LogicMark Inc., a Nevada-based company, announced that it has received a delisting notice from The Nasdaq Stock Market LLC. The notice, dated May 29, 2025, indicates that LogicMark's common stock will be removed from the Nasdaq Capital Market due to the company's failure to maintain a minimum bid price of $1.00 per share, as required by Nasdaq Listing Rule 5550(a)(2). The company's stock is set to be suspended from trading on Nasdaq starting June 2, 2025. LogicMark has decided not to appeal the decision. Instead, the company plans to have its shares publicly quoted on a market operated by the OTC Markets Group Inc. under the symbol "LGMK" from the same date.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LogicMark Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-049480), on May 30, 2025, and is solely responsible for the information contained therein.

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Faces Nasdaq Delisting Due to Failure to Meet Minimum Bid Price Requirement\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-31 04:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      LogicMark Inc. 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LogicMark Inc. published the original","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4112":"金融交易所和数据","OTCM":"OTC Markets Group Inc.","BK4082":"医疗保健设备","BK4097":"系统软件","LGMK":"LogicMark, Inc."},"translate_title":"LogicMark Inc.因未能满足最低买入价要求而面临纳斯达克退市","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"OTCM":0.9,"LGMK":0.9},"content_text":"LogicMark Inc. Faces Nasdaq Delisting Due to Failure to Meet Minimum Bid Price Requirement\n    \n\n        LogicMark Inc., a Nevada-based company, announced that it has received a delisting notice from The Nasdaq Stock Market LLC. The notice, dated May 29, 2025, indicates that LogicMark's common stock will be removed from the Nasdaq Capital Market due to the company's failure to maintain a minimum bid price of $1.00 per share, as required by Nasdaq Listing Rule 5550(a)(2). The company's stock is set to be suspended from trading on Nasdaq starting June 2, 2025. 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