TechMediaBreaks – Wearable Devices Ltd. (NASDAQ: WLDS, WLDSW) Announces $4 Million Registered Direct Offering Priced at Market

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 the sale of 1,000,000 ordinary shares at $4.00 per share in a registered direct offering priced at-the-market under Nasdaq rules, for expected gross proceeds of $4 million before expenses. In a concurrent private placement, the Company will issue unregistered warrants to purchase up to 1,000,000 ordinary shares at $4.00 per share, exercisable immediately and expiring five years from issuance, with closing anticipated on or about Sept. 12, 2025.

To view the full press release, visit https://ibn.fm/Hl3AY

About Wearable Devices Ltd.

Wearable Devices Ltd. is a growth company developing AI-based neural input interface technology for the B2C and B2B markets. The Company’s flagship product, the Mudra Band for Apple Watch, integrates innovative AI-based technology and algorithms into a functional, stylish wristband that utilizes proprietary sensors to identify subtle finger and wrist movements allowing the user to “touchlessly” interact with connected devices. The Company also markets a B2B product, which utilizes the same technology and functions as the Mudra Band and is available to businesses on a licensing basis. Wearable Devices Is committed to creating disruptive, industry leading technology that leverages AI and proprietary algorithms, software, and hardware to set the input standard for the Extended Reality, one of the most rapidly expanding landscapes in the tech industry. The Company’s ordinary shares and warrants trade on the Nasdaq market under the symbols “WLDS” and “WLDSW”, respectively.

NOTE TO INVESTORS: The latest news and updates relating to WLDS are available in the company’s newsroom at https://ibn.fm/WLDS

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from TechMediaWire, text “TECH” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.TechMediaWire.com

Please see full terms of use and disclaimers on the TechMediaWire website applicable to all content provided by TMW, wherever published or re-published: https://www.TechMediaWire.com/Disclaimer

TechMediaWire
Austin, Texas
www.TechMediaWire.com
512.354.7000 Office
Editor@TechMediaWire.com

TechMediaWire is powered by IBN

TechMediaWire

Share
Published by
TechMediaWire
Breaks Categories: News

Recent Posts

TechMediaBreaks – Wrap Technologies Inc. (NASDAQ: WRAP) Builds Broader Public Safety Platform Around Integrated Solutions

Wrap Technologies (NASDAQ: WRAP) is expanding its public safety technology strategy by connecting remote restraint,…

2 days ago

TechMediaBreaks – Shelfie-Tech Ltd. (CSE: SHLF) (OTCQB: SHLFF) Amends Terms of Acquisition of 70% Interest in Aspect Information Systems

This article has been disseminated on behalf of Shelfie-Tech Ltd. and may include paid advertising.…

2 days ago

TechMediaBreaks – Nightfood Holdings Inc. (OTCQB: NGTF) Featured in NetworkNewsAudio Release on AI Chip Inspection and Automation Equipment

Nightfood Holdings (OTCQB: NGTF) is featured in a NetworkNewsAudio Audio Press Release ("APR") titled "Inspection,…

2 days ago

TechMediaBreaks – Versus Systems Inc. (NASDAQ: VS) Spotlights Drinkfinger Expansion, AI Strategy in Stock2Me Podcast

Versus Systems (NASDAQ: VS) is expanding its audience-engagement offerings through Drinkfinger, a QR-enabled beverage carrier…

3 days ago

TechMediaBreaks – SuperQ Quantum Computing Inc. (CSE: QBTQ) (OTCQB: QBTQF) (FSE: 25X) Eyes Super Edge(TM) Success in Military Exercise

Disseminated on behalf of SuperQ Quantum Computing Inc. and may include paid advertisements. SuperQ Quantum…

3 days ago

TechMediaBreaks – Nightfood Holdings Inc. (OTCQB: NGTFD) Featured in AINewsWire Editorial on AI-Driven Semiconductor Equipment Demand 

Nightfood Holdings (OTCQB: NGTFD), operating as TechForce Robotics, announced its placement in an AINewsWire editorial…

3 days ago