TechMediaBreaks – Wearable Devices Ltd. (NASDAQ: WLDS, WLDSW) Prices $4 Million Registered Direct Offering
Wearable Devices (NASDAQ: WLDS, WLDSW), a technology growth company specializing in AI-powered touchless sensing wearables, entered into a securities purchase agreement with a single institutional investor for 670,000 ordinary shares at $6.00 per share in a registered direct offering priced at-the-market under Nasdaq rules. Gross proceeds are expected to be approximately $4 million before deducting placement agent commissions and expenses. In a concurrent private placement, the Company will issue unregistered warrants to purchase up to 670,000 ordinary shares at $6.00 per share, exercisable immediately and expiring five years from issuance. Closing is expected on or about Sept. 15, 2025, subject…