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.
Wearable Devices Ltd.Reverse stock split to regain Nasdaq compliance; no fundamental change, purely mechanical.