Wearable Devices Ltd. has announced a warrant inducement agreement with an existing institutional investor, resulting in the immediate exercise of warrants to purchase up to 3,322,000 ordinary shares at $1.71 per share. This transaction is expected to generate approximately $5.68 million in gross proceeds, which the company plans to use for working capital and general corporate purposes. As part of the agreement, Wearable Devices will issue new unregistered warrants to purchase up to 5,813,500 ordinary shares at an exercise price of $1.86 per share. These new warrants will become exercisable upon shareholder approval and will expire five years after approval. The private placement of the new warrants and related shares will be made under an exemption from registration, and the transaction is expected to close around December 1, 2025.