SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)*
LogicMark, Inc.
(Name of Issuer)
Common Stock, $0.0001 par value per share
(Title of Class of Securities)
67091J503
(CUSIP Number)
The Winvest Investment Fund Management Corp.
Skyline Tower 10900 NE 4th St, Floor 23
Bellevue, WA 98004
Attention: Jourdan Matthews
Telephone: (425) 331-9885
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
October 25, 2024
(Date of Event Which
Requires Filing of this Statement)
If
the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D,
and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box ¨.
* The remainder of this cover page shall be filled
out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent
amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this
cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (the “Act”)
or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
CUSIP No. 67091J503
| 1. | Names of Reporting Person |
The Winvest Investment Fund Management Corp.
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) |
| 4. | Source of Funds (See Instructions) |
WC
| 5. | Check Box if Disclosure of Legal Proceedings is Required Pursuant
to Item 2(d) or 2(e) |
¨
| 6. | Citizenship or Place of Organization |
Delaware
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH: |
7. |
SOLE VOTING POWER |
4,074,5871 |
| 8. |
SHARED VOTING POWER |
0 |
| 9. |
SOLE DISPOSITIVE POWER |
4,074,5871 |
| 10. |
SHARED DISPOSITIVE POWER |
0 |
| 11. | Aggregate Amount Beneficially Owned by Such Reporting Person |
4,074,5871
| 12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) ¨ |
| 13. | Percent of Class Represented by Amount in Row (11) |
67.2%1
| 14. | Type of Reporting Person (See Instructions) |
CO
1 This
information is given as of the close of business on October 29, 2024, the filing date of this Amendment No. 1 to Schedule 13D. This
information was also accurate as of the close of business on October 18, 2024, the filing date of the original Schedule 13D, which
incorrectly reported the number of shares beneficially owned as of such date as 4,074,582.
CUSIP No. 67091J503
| 1. | Names of Reporting Person |
Mr. Jourdan Matthews
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) |
| 4. | Source of Funds (See Instructions) |
AF
| 5. | Check Box if Disclosure of Legal Proceedings is Required Pursuant
to Item 2(d) or 2(e) |
¨
| 6. | Citizenship or Place of Organization |
United States of America
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH: |
7. |
SOLE VOTING POWER |
4,074,5871 |
| 8. |
SHARED VOTING POWER |
0 |
| 9. |
SOLE DISPOSITIVE POWER |
4,074,5871 |
| 10. |
SHARED DISPOSITIVE POWER |
0 |
| 11. | Aggregate Amount Beneficially Owned by Such Reporting Person |
4,074,5871
| 12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) ¨ |
| 13. | Percent of Class Represented by Amount in Row (11) |
67.2%1
| 14. | Type of Reporting Person (See Instructions) |
IN
EXPLANATORY NOTE
This Amendment No. 1 to Schedule 13D (this “Amendment
No. 1” or this “Statement”) is being filed with respect to the beneficial ownership of Common Stock, par
value $0.0001 per share (the “Common Stock”), of LogicMark, Inc. (the “Issuer”). This Amendment
No. 1 supplements Items 2 and 4, and amends and restates in their entirety Item 5, Item 7 and the Exhibit Index, of the Schedule 13D
originally filed on October 18, 2024 (the “Original Schedule 13D”). Item 5 includes a correction to the number of
shares of Common Stock beneficially owned by the Reporting Persons as of the end of business on October 18, 2024 (the filing date of
the Original Schedule 13D), which in fact was 4,074,587 shares of Common Stock, but was incorrectly reported as 4,074,582 shares of Common
Stock.
ITEM 2. Identity and Background.
Mr. Matthews’
correct title as an executive officer of Winvest is President (not Chief Executive Officer). Winvest has no other executive
officers. Further, Ms. Ovsepyan was previously the sole director of Winvest. As of October 22, 2024, Mr. Matthews was elected
as the sole director of Winvest, and Ms. Ovsepyan is no longer a director of Winvest.
ITEM 4. Purpose of Transaction.
The Reporting Persons believe,
based on publicly available information, that Winvest is the record holder of a majority of the outstanding stock of the Issuer entitled
to vote on certain matters, including to vote on an amendment of the bylaws of the Issuer (the “Bylaws”) and to vote
to elect the board of directors of the Issuer (the “Board”) (as such, the “Majority Stockholder”).
As the Majority Stockholder, as authorized by the Bylaws, on October 25, 2024, Winvest took actions by written consent as set forth in
the Written Consent of the Majority Stockholder of LogicMark, Inc. filed herewith as Exhibit 2 and incorporated herein by reference (the
“Written Consent”). These actions include certain amendments to the Bylaws and the election of a new Board. Winvest
caused copies of the Written Consent to be delivered by email to senior management of the Issuer on October 28, 2024 and by hand to the
Issuer’s registered office in the State of Nevada on October 29, 2024.
ITEM 5. Interest in Securities of the Issuer.
(a) As
of the end of business on October 18, 2024 (the filing date of the Original Schedule 13D), October 25, 2024 (the Event Date of this Amendment
No. 1) and October 29, 2024 (the filing date of this Amendment No. 1), Winvest directly owned/owns 4,074,587 shares of Common Stock,
representing 67.2% of all of the outstanding shares of Common Stock. Mr. Matthews, as the sole stockholder, sole director and the President
of Winvest, may be deemed to beneficially own the shares of Common Stock owned directly by Winvest; Mr. Matthews disclaims beneficial
ownership thereof. The percentage ownership of each Reporting Person is based on 6,065,383 shares of Common Stock outstanding as of August
12, 2024, as reported by the Issuer in its Form 10-Q filed with the SEC on August 14, 2024.
As of the end of business
on the Event Date and the filing date of this Amendment No. 1, Mr. Matthews did not directly own any shares of Common Stock.
(b) Winvest
has, and Mr. Matthews may be deemed to have, the sole power to vote or direct the vote of and to dispose or direct the disposition of
the shares of Common Stock reported herein.
(c)
No transactions in the Common Stock have been effected by the Reporting Persons since the filing date of the Original Schedule
13D.
(d) Not
applicable.
(e) Not
applicable.
ITEM 7. Material
to be Filed as Exhibits.
SIGNATURE
After reasonable inquiry and
to the best of its knowledge and belief, the undersigned each certifies that the information with respect to it set forth in this Statement
is true, complete and correct.
Dated: October 29, 2024
| |
|
| The Winvest Investment Fund Management Corp. |
|
| |
|
| By: |
/s/ Jourdan Matthews |
|
| Name: Jourdan Matthews |
|
| Title: President |
|
| |
|
| |
|
| /s/ Jourdan Matthews |
|
| Jourdan Matthews |
|
EXHIBIT INDEX
Exhibit 2
WRITTEN CONSENT OF THE MAJORITY STOCKHOLDER
OF
LOGICMARK, INC.
The Winvest Investment Fund
Management Corp., a Delaware corporation (the “Majority Stockholder”), being at the time of execution of this
Written Consent of the Majority Stockholder (this “Written Consent”) the record holder of a majority of the
outstanding stock of LogicMark, Inc., a Nevada corporation (the “Corporation”), that is entitled to vote on
the matters set forth in this Written Consent, and acting in accordance with Section 2.10 of the Bylaws of the Corporation (the
“Bylaws”) and Section 78.320 of the Nevada Revised Statutes, hereby consents to, adopts and approves the actions
set forth in the following recitals and resolutions, which actions shall have the same force and effect as if taken at a duly convened
annual or special meeting of the stockholders, in accordance with Section 2.10 of the Bylaws:
WHEREAS, at the time
of execution of this Written Consent, the Majority Stockholder is the record holder and beneficial owner of 4,074,587 shares (the “Shares”)
of common stock, $0.0001 par value per share (“Common Stock”), of the Corporation;
WHEREAS, the Shares
are a majority of the outstanding stock of the Corporation that is entitled to vote on the matters set forth in this Written Consent;
WHEREAS, the Majority
Stockholder believes it is advisable and in the best interest of the stockholders of the Corporation to amend the Bylaws, pursuant to
the authority granted to the Majority Stockholder in Section 2.10 of the Bylaws and the authority granted to the stockholders in
Section 7.6 of the Bylaws, including, but not limited to, to change the size of the Board; and
WHEREAS, the Majority
Stockholder believes it is advisable and in the best interest of the stockholders of the Corporation to elect the members of the Board
of Directors of the Corporation (the “Board”) in the same manner that would be effected at an annual meeting
of the stockholders, with the effect that the newly elected members shall replace those members that are not re-elected; and
NOW, THEREFORE, it
is hereby:
AMENDMENT OF THE BYLAWS
RESOLVED, that Article
III, Section 3.1 of the Bylaws is amended in its entirety to read as follows:
Section 3.1 Number;
Qualifications. The Board of Directors shall consist of one or more members, the number thereof to be determined from time to time
by action of the stockholders or by resolution of the Board of Directors. Directors of the Corporation need not be stockholders.
RESOLVED, that Article
VII, Section 7.6 of the Bylaws is hereby renumbered as Section 7.7 and such section is amended in its entirety to read as follows:
Section 7.7 Amendment
of Bylaws. These Bylaws may be altered or repealed and new Bylaws made, by the Board of Directors; provided that any alteration, repeal
or new Bylaw made by the Board of Directors shall only take effect if and when approved by the stockholders. The stockholders may make
additional Bylaws and may alter and repeal any Bylaws whether adopted by them or otherwise.
RESOLVED, that a new
Article VII, Section 7.6 is hereby added to the Bylaws, which new Section 7.6 shall read as follows:
Section 7.6 Certain
Limitations on Board Authority. All other provisions of the Bylaws notwithstanding, during any period of time that any “person”
or “group” within the meaning of Section 13(d) of the Securities Exchange Act of 1934, as amended (the “Exchange
Act”) and the rules and regulations promulgated thereunder is the direct or indirect “beneficial owner,” as defined
in Rule 13d-3 under the Exchange Act, of shares of the Company’s voting stock representing one-third (1/3) or more of the total
voting power of all outstanding classes of the Corporation’s voting stock entitled to vote generally in elections of directors,
as presumptively but rebuttably determined by one or more filings of a current Schedule 13D pursuant to the Exchange Act, the Board of
Directors shall not be authorized to, and shall not purport to, take any of the following actions without first obtaining the written
consent of such “person” or “group”:
| (i) | authorize the terms of any shares of preferred stock or other capital stock of the Corporation, including
the approval and filing of any certificate of designation or similar instrument; |
| (ii) | amend, alter, repeal or add any provisions to the articles of incorporation of the Corporation, or any
certificate of designation of preferred stock of the Corporation or similar instrument, or the Bylaws; |
| (iii) | purchase or redeem (or permit any subsidiary to purchase or redeem) or pay or declare any dividend or
make any distribution on, any shares of capital stock of the Corporation other than (i) redemptions of or dividends or distributions on
the preferred stock of the Corporation as expressly authorized in the articles of incorporation, or any certificate of designation of
preferred stock, (ii) dividends or other distributions payable on the common stock of the Corporation solely in the form of additional
shares of common stock; |
| (iv) | cause the issuance of any shares of common stock or preferred stock or other capital stock of the Corporation,
or any capital stock equivalent, including but not limited to any security, instrument or obligation that is convertible or exchangeable
into shares of capital stock, and any swap or other derivative instrument that serves a similar purpose or may provide a return similar
to the foregoing instruments; |
| (v) | cause the Company to become obligated with respect to any indebtedness, swap transaction or financing
activity, including a series of transactions, with a principal amount, notional amount, face amount or other stated amount in excess of
$500,000. |
ELECTION OF THE MEMBERS
OF THE BOARD
RESOLVED, that the
number of directors that are members of the Board of Directors shall be four (4).
RESOLVED, that, pursuant
to Section 2.10 and Section 3.2 of the Bylaws, the Majority Stockholder hereby elects the following persons to serve as
directors of the Board, in the same manner that would be effected at an annual or special meeting of the stockholders, with the effect
that the following newly elected directors shall replace those directors that are not re-elected, and shall serve as directors until the
next annual meeting of the stockholders of the Corporation (or special meeting of the stockholders called and held for such purpose) or
until a director’s successor is duly elected and qualified:
Barbara Gutierrez
Walter F. Harris
Jourdan Matthews
Natasha Ovsepyan;
GENERAL ENABLING RESOLUTIONS
RESOLVED, that all
actions of any kind heretofore taken by the Majority Stockholder in connection with the foregoing resolutions be, and hereby are, ratified,
confirmed and approved in all respects;
RESOLVED, that the
appropriate officers of the Corporation be, and each of them hereby is, authorized, empowered and directed to execute and deliver to any
Person deemed appropriate by any such officer or officers, any and all certificates, agreements, amendments, instruments, documents or
undertakings of any kind and nature whatsoever to establish, facilitate or comply with the terms and conditions of these resolutions,
such certificates, agreements, amendments, instruments, documents or undertakings to be in such form and to contain the signature of such
officer or officers executing the same, the authorization and approval of the Corporation to be conclusively evidenced by any such officer’s
or officers’ execution thereof, and to do and perform or cause to be done and performed all acts, deeds and things, in the name
and on behalf of the Corporation, to take any and all steps in connection with these resolutions and to take such further actions as they
are any of them may deem necessary or appropriate in order to effectuate the purpose and intent of the foregoing resolutions;
RESOLVED, that this
Written Consent may be executed by the undersigned Majority Stockholder by electronic signature, and an executed copy of this Written
Consent may be delivered by the undersigned by email or facsimile or other form of electronic transmission including by a .pdf, .tif,
gif, jpeg or similar format attached to an electronic transmission;
RESOLVED, that the
undersigned hereby waives any and all irregularities of notice, with respect to the time and place of meeting, and consents to the transaction
of all business represented by this Written Consent; and
RESOLVED, that this
Written Consent shall take effect at the time that it is executed by the Majority Stockholder.
[Signature Page Follows]
IN WITNESS WHEREOF, the undersigned
Majority Stockholder of the Corporation, hereby taking the actions set forth herein with respect to all of the Shares, has executed this
Written Consent on the date set forth below, to take effect at the time of execution by the Majority Stockholder.
| The Winvest Investment Fund Management Corp. |
|
| |
|
| Signature: |
/s/ Jourdan Matthews |
|
| Name: |
Jourdan Matthews |
|
| Title: |
President |
|
Date and time of execution:
As indicated by Docusign records.
[Signature page to Written Consent of the Majority Stockholder]
Grafico Azioni LogicMark (NASDAQ:LGMK)
Storico
Da Nov 2024 a Dic 2024
Grafico Azioni LogicMark (NASDAQ:LGMK)
Storico
Da Dic 2023 a Dic 2024
