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

Reuters

31 May

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Faces Nasdaq Delisting Due to Failure to Meet Minimum Bid Price Requirement","media":"Reuters","content":"<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. Faces Nasdaq Delisting Due to Failure to Meet Minimum Bid Price Requirement\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\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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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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ID: 0001213900-25-049480), on May 30, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LGMK","symbol_name":"LogicMark, Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250530:nNDLbpYqRd:1","article_id":"2539270720","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2539270720","pubTimestamp":1748636457,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"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. 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  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","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LGMK":"LogicMark, Inc.","BK4112":"金融交易所和数据","BK4082":"医疗保健设备","BK4097":"系统软件","OTCM":"OTC Markets Group 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":{"LGMK":0.9,"OTCM":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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ID: 0001213900-25-049480), on May 30, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}