LogicMark agrees to be acquired by Langham Project for $1.31 per share in cash
LGMK•Merger agreement announced
LogicMark entered a July 31, 2026 merger agreement with Langham Project and its subsidiary, Langham Merger Sub.
Merger Sub is set to merge into LogicMark, leaving LogicMark as a wholly owned subsidiary of Langham Project.
Common shares are slated to be cancelled for cash consideration of $1.31 per share at closing.
Outstanding warrants would be cancelled and redeemed; options would be cashed out for the spread over their exercise prices.
Series C non-convertible voting preferred stock is expected to be redeemed for about $2 million, excluding any accrued interest.
