Wearable Devices Ltd. Announces $4 Million Direct Offering and Private Placement with Institutional Investor

Reuters

Sep 12

<a href="https://laohu8.com/S/WLDS">Wearable Devices Ltd.</a> Announces $4 Million Direct Offering and Private Placement with Institutional Investor

Wearable Devices Ltd., a technology growth company specializing in AI-powered touchless sensing wearables, has announced a registered direct offering and concurrent private placement with gross proceeds expected to be approximately $4 million. The company has entered into a securities purchase agreement with a single institutional investor for the purchase of 670,000 ordinary shares at $6.00 per share. In a concurrent private placement, Wearable Devices will issue warrants to purchase an additional 670,000 ordinary shares, exercisable immediately and expiring five years after the initial exercise date. The offerings are subject to customary closing conditions and are expected to close around mid-September 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wearable Devices Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9528088-en) on September 12, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Announces $4 Million Direct Offering and Private Placement with Institutional Investor","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/WLDS\">Wearable Devices Ltd.</a> Announces $4 Million Direct Offering and Private Placement with Institutional Investor\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Wearable Devices Ltd., a technology growth company specializing in AI-powered touchless sensing wearables, has announced a registered direct offering and concurrent private placement with gross proceeds expected to be approximately $4 million. The company has entered into a securities purchase agreement with a single institutional investor for the purchase of 670,000 ordinary shares at $6.00 per share. 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Announces $4 Million Direct Offering and Private Placement with Institutional Investor\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-09-12 20:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/WLDS\">Wearable Devices Ltd.</a> Announces $4 Million Direct Offering and Private Placement with Institutional Investor\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Wearable Devices Ltd., a technology growth company specializing in AI-powered touchless sensing wearables, has announced a registered direct offering and concurrent private placement with gross proceeds expected to be approximately $4 million. 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Announces $4 Million Direct Offering and Private Placement with Institutional Investor\n    \n\n        Wearable Devices Ltd., a technology growth company specializing in AI-powered touchless sensing wearables, has announced a registered direct offering and concurrent private placement with gross proceeds expected to be approximately $4 million. The company has entered into a securities purchase agreement with a single institutional investor for the purchase of 670,000 ordinary shares at $6.00 per share. In a concurrent private placement, Wearable Devices will issue warrants to purchase an additional 670,000 ordinary shares, exercisable immediately and expiring five years after the initial exercise date. The offerings are subject to customary closing conditions and are expected to close around mid-September 2025.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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