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Wearable Devices Ltd.

Wearable Devices Ltd. develops a non-invasive neural input interface that lets users control digital devices through subtle touchless finger movements. Its products include Mudra development kits, the SNC sensor module (an operating system and algorithm software package), the Mudra Band wristband for Apple ecosystem devices, and Mudra Link, a universal neural band for Bluetooth-compatible devices. The company serves consumer electronics companies, industrial manufacturers, IT and software providers, software studios, and academic institutions. Incorporated in 2014, it is headquartered in Yokneam Illit, Israel.

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WLDS

Wearable Devices prices $3.3 million private placement with single institutional investor

Wearable Devices has priced a $3.3 million private placement with a single institutional investor, selling 1 million ordinary shares and warrants for an additional 1 million shares at a combined price of $3.285 per unit. The warrants carry an exercise price of $3.16 per share, are immediately exercisable, and expire in five years. The offering was priced at-the-market under Nasdaq rules and above the last closing price. The company expects the deal to close around August 3, 2026, and plans to use the net proceeds for commercialization of its Mudra products, development of next-generation lines, advancement of AI6 Labs initiatives including Physical AI and Robotics, potential strategic transactions, and general working capital. A.G.P./Alliance Global Partners acted as sole placement agent.
GlobeNewswire·49dRead more →
WLDS

Wearable Devices announces 1-for-3 reverse stock split

Wearable Devices intends to effect a one-for-three reverse split of its ordinary shares and tradable warrants. The ordinary shares and warrants will continue to trade on Nasdaq under the existing symbols WLDS and WLDSW, respectively, and will begin trading on a split-adjusted basis when the market opens on June 22, 2026. The primary purpose of the reverse share split is to increase the per-share trading price of the company’s ordinary shares to regain compliance with the $1.00 minimum bid price requirement for continued listing on Nasdaq. WLDS was down 7% at $0.75 premarket.
Seeking Alpha·93dRead more →