[ad_1]
LogicMark (NASDAQ:LGMK) prices its underwritten public offering of 10.59M units, with each unit consisting of one share of common stock and one warrant to purchase one and one-half shares of common stock and 3.44M pre-funded units, with each pre-funded unit consisting of one pre-funded warrant to purchase one share of common stock and one warrant to purchase one and one-half shares of common stock.
Each unit is being sold at a public offering price of $0.371.
Gross proceeds are expected to be ~$5.2M.
Underwriters an option to purchase additional 1.59M shares and/or additional warrants to purchase up to 3.16M.
The offering is expected to close on January 25, 2023.
[ad_2]
