AINewsBreaks – 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/xWwx5

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

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