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LogicMark, Inc. Announces Closing of $4.5 Million Public Offering Priced At-The-Market
Aug 05, 2024•almost 2 years ago
Contract Type
partnership
MelbourneInformation TechnologyHealth CareDescription
LogicMark, Inc. announced the closing of its public offering priced at-the-market, consisting of 9,670,000 units (or pre-funded units in lieu thereof), with gross proceeds of approximately $4.5 million. The net proceeds will be used for working capital and general corporate purposes.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months