4/A: LogicMark Director John Pettitt Amends Form 4 to Reflect Warrant Acquisition and Stockholder Approval
SEC Form 4/A
John Pettitt, a director at LogicMark, Inc., amended his Form 4 filing to reflect the acquisition of Series A and B warrants and the stockholder approval required for their exercisability.
Summary
- John Pettitt, a director at LogicMark, Inc., filed an amendment to his Form 4 to update information regarding the acquisition of Series A and Series B warrants.
- The amendment reflects the stockholder approval obtained on October 1, 2024, which was a condition for the exercisability of the warrants.
- The amendment also updates the exercise price and the number of shares of common stock related to the warrants.
- The original transaction date was August 5, 2024, and the original Form 4 was filed on August 6, 2024.
- The warrants and common stock are subject to a lock-up agreement preventing sale or disposition for 60 days from August 1, 2024, subject to certain exceptions.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Future Outlook
The warrants are exercisable subject to the terms and conditions outlined in the filing.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Date of closing of the Company's offering of its securities pursuant to the Company's registration statement on Form S-1, as amended (File No. 333-179133), declared effective by the U.S. Securities and Exchange Commission ('SEC'). |
| 08/05/2024 | Original transaction date for the acquisition of common stock. |
| 08/06/2024 | Date of original Form 4 filing. |
| 10/01/2024 | Date of Stockholder Approval for the issuance of all shares of Common Stock issuable upon exercise of each of the Series A Warrants and Series B Warrants in accordance with Rule 5635(d) of The Nasdaq Stock Market LLC. |
| 10/03/2024 | Date of Form 4/A filing. |
Keywords
Form 4, LogicMark, LGMK, John Pettitt, warrants, stockholder approval, amendment, beneficial ownership, director
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