LogicMark Inc
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*Nasdaq FSI: *Deficient: Issuer Failed to Meet NASDAQ Continued Listing Requirements

Health Care : Health Care Equipment & Supplies | Small Cap Value
Company profile

LogicMark, Inc. provides personal emergency response systems (PERS), health communications devices, and Internet of Things (IoT) technology that creates a connected care platform. The Company builds technology to check, manage and monitor a loved ones health and safety remotely. Its PERS is a medical alert or medical alarm system, which is designed to indicate the presence of a threat that requires immediate attention and then immediately contacts a trusted family member and the emergency medical workforce. Its PERS devices incorporate two-way voice communication technology for remote monitoring. PERS transmits signals to an alarm monitoring medical team, which then departs for the location where the alarm was activated. Its PERS products include GUARDIAN ALERT 911 PLUS, FREEDOM ALERT, GUARDIAN ALERT 911, CONNECTED GUARDIAN and LifeSentry. Its PERS technologies are sold through dealers and distributors, as well as through the United States Veterans Health Administration (the VHA).

Premarket

Last Trade
Delayed
$0.30
0.0172 (6.08%)
Bid
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Ask
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B/A Size
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Market Hours

Closing Price
$0.2828
Day's Change
0.00 (0.00%)
Bid close
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Ask close
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B/A Size
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Day's High
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Day's Low
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Volume
(Light)
Volume:
12,006

10-day average volume:
4,760,336
12,006

GE board OKs awaited GE HealthCare spin-off

5:06 pm ET November 30, 2022 (MarketWatch)
Print

General Electric Co. said Wednesday that its board of directors has approved the previously announced spin-off of GE HealthCare, its health care business. GE HealthCare will become a corporation and be renamed GE HealthCare Technologies Inc. The company is expected to begin trading on the Nasdaq on Jan. 4, GE said. The board approved a distribution to GE shareholders of at least 80.1% of the outstanding shares of GE HealthCare, with holders of GE stock entitled to receive one share of GE HealthCare stock for every three shares of GE stock held on Dec. 16, the company said. "Today's announcement marks one of the final milestones for our planned spin-off of GE HealthCare as we move toward launching three independent, industry-leading, and investment-grade companies," Chief Executive Larry Culp said in a statement. GE will retain up to 19.9% of the newly minted company. GE filed for the health-care business spin-off in October; the move is part of the industrial giant's effort to split itself into three separate public companies.

-Claudia Assis

	

(END) Dow Jones Newswires

November 30, 2022 17:06 ET (22:06 GMT)

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