LogicMark shareholders receive $1.31 per share as merger closes
LGMK•LogicMark was acquired in a cash merger valuing each outstanding common share at $1.31. The company became a wholly owned subsidiary of the buyer after the merger closed.
1. Merger terms
LogicMark was acquired in a cash merger valuing each outstanding common share at $1.31. Equity awards were cashed out at the same price, with in-the-money options paid based on the difference between the exercise price and $1.31.
