LogicMark, Inc. Announces Annual Shareholders’ Meeting
July 01 2022 - 10:12AM
LogicMark, Inc. (Nasdaq: LGMK) (the “Company” or “LogicMark”)
(formerly Nxt-ID, Inc.), a provider of personal emergency response
systems (PERS), health communications devices, and technology for
the growing care economy, today announces its annual general
meeting of shareholders will take place on August 25, 2022, at 9:30
a.m. (Pacific Time) in the Carneros Room, DoubleTree by Hilton
Hotel - American Canyon, 3600 Broadway Street, American Canyon,
California, 94503. The record date for determination of
shareholders entitled to vote at the meeting is June 28, 2022.
Proxy materials related to the annual meeting, including
LogicMark’s 2022 Proxy Notice, 2021 Annual report and all relevant
documents, information and meeting agenda, shall be mailed to
shareholders of record commencing on July 1, 2022.
The Annual Meeting is being held for the following purposes:
1. To elect five (5) members of the Company’s board of directors
(the “Board”), each to serve until the next annual meeting of the
Company’s stockholders and until each of their respective
successors are elected and qualified or until each of their earlier
resignation or removal (“Proposal No. 1”);
2. To consider and vote on a proposal to ratify the Board’s
selection of BPM LLP as the Company’s independent registered public
accountants for the fiscal year ending December 31, 2022 (“Proposal
No. 2”);
3. To consider and vote on a proposal to adopt the Company’s
2022 Stock Incentive Plan (the “2022 Plan”) (“Proposal No. 3”);
4. To consider and vote on the reincorporation of the Company in
the State of Nevada pursuant to a merger with and into a
wholly-owned subsidiary of the Company (the “Reincorporation
Merger”) (“Proposal No. 4”); and
5. To consider and act upon such other business as may properly
come before the Annual Meeting or any adjournment thereof.
The Board of Directors recommends that shareholders vote “FOR”
each of the proposals.
About LogicMark, Inc.
LogicMark, Inc. (Nasdaq: LGMK) provides personal emergency
response systems (PERS), health communications devices and
technologies to create a Connected Care Platform. The Company’s
devices give people the ability to receive care at home and
confidence to age in place. LogicMark revolutionized the PERS
industry by incorporating two-way voice communication technology
directly into its medical alert pendant and providing this
life-saving technology at a price point everyday consumers can
afford. The Company’s PERS technologies are sold through the United
States Veterans Health Administration and dealers/distributors.
LogicMark has been awarded a contract by the U.S. General Services
Administration that enables the Company to distribute its products
to federal, state, and local governments.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. Forward-looking statements reflect management’s current
expectations, as of the date of this press release, and involve
certain risks and uncertainties. Forward-looking statements include
statements herein with respect to the successful execution of the
Company’s business strategy. The Company’s actual results could
differ materially from those anticipated in these forward-looking
statements as a result of various factors. Such risks and
uncertainties include, among other things, our ability to establish
and maintain the proprietary nature of our technology through the
patent process, as well as our ability to possibly license from
others patents and patent applications necessary to develop
products; the availability of financing; the Company’s ability to
implement its long range business plan for various applications of
its technology; the Company’s ability to enter into agreements with
any necessary marketing and/or distribution partners; the impact of
competition, the obtaining and maintenance of any necessary
regulatory clearances applicable to applications of the Company’s
technology; the Company’s ability to maintain its Nasdaq listing
for its common stock; and management of growth and other risks and
uncertainties that may be detailed from time to time in the
Company’s reports filed with the SEC.
Investor Relations Contact: CORE
IR Investor@logicmark.com 516 222 2560
Media:Jules Abraham917 885 7378
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