LogicMark agrees to be acquired by Langham Project for $1.31 per share in cash
Reuters2026/08/03 21:08- LogicMark entered a July 31, 2026 merger agreement with Langham Project and its subsidiary, Langham Merger Sub.
- Merger Sub is set to merge into LogicMark, leaving LogicMark as a wholly owned subsidiary of Langham Project.
- Common shares are slated to be cancelled for cash consideration of USD 1.31 per share at closing.
- Outstanding warrants would be cancelled and redeemed; options would be cashed out for the spread over their exercise prices.
- Series C non-convertible voting preferred stock is expected to be redeemed for about USD 2 million, excluding any accrued interest.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Saudi Arabia Follows UAE in Expanding Offshore Oil Transfers, Plans to Sell Medium and Heavy Crude from Offshore Oman
Saudi Arabia is seeking to sell crude oil from offshore Oman to buyers, indicating that as shipping disruptions continue in the Strait of Hormuz, Saudi Arabia may be following the example of the United Arab Emirates by exporting more crude oil from the Persian Gulf through methods such as ship-to-ship transfers in order to maintain export supplies.
US semiconductor equipment stocks rise
PDG Realty posts 2Q26 net loss of R$ 49 million, narrows from year-earlier quarter
Saba Capital Management acquires Mexico Fund common shares worth $63,193.32
Crypto prices
More
