LogicMark Stock Moves to OTC Markets After Delisting

LogicMark ( (LGMK) ) has issued an announcement.

On June 2, 2025, LogicMark, Inc. announced that its common stock would begin trading on the over-the-counter markets following Nasdaq’s decision to delist the stock due to non-compliance with the $1.00 minimum bid price requirement. The transition to OTC Markets allows LogicMark to maintain access to public capital and focus on long-term growth strategies. The company reported $15 million in cash and short-term investments at the end of the first quarter, emphasizing their commitment to operational execution and shareholder value. LogicMark continues to evaluate market tiers within OTC Markets and considers a potential return to a national exchange in the future.

Spark’s Take on LGMK Stock

According to Spark, TipRanks’ AI Analyst, LGMK is a Neutral.

The overall stock score of 42 reflects significant financial and market challenges for LogicMark. The most impactful factor is the company’s weak financial performance, characterized by ongoing losses and reliance on external financing. Technical indicators and recent corporate events further contribute to a negative outlook, with the delisting from Nasdaq adding additional risk.

To see Spark’s full report on LGMK stock, click here.

More about LogicMark

LogicMark, Inc. is a company focused on providing personal emergency response systems, health communication devices, and technology solutions for the care economy. Their products are distributed through the United States Veterans Health Administration, dealers, distributors, and directly to consumers. The company is committed to creating a ‘Care Village’ with proprietary technology and innovative solutions, and they hold a contract with the U.S. General Services Administration for distribution to federal, state, and local governments.

Average Trading Volume: 204,751,027

Technical Sentiment Signal: Strong Sell

Current Market Cap: $6.63M

See more insights into LGMK stock on TipRanks’ Stock Analysis page.