Wearable Devices Ltd. Announces Up to $7.4 Million At-the-Market Offering of Ordinary Shares Through A.G.P./Alliance Global Partners
Reuters
Sep 26
Wearable Devices Ltd. Announces Up to $7.4 Million At-the-Market Offering of Ordinary Shares Through A.G.P./Alliance Global Partners
**Wearable Devices Ltd. Announces Sales Agreement for Offering of Ordinary Shares** Wearable Devices Ltd. has entered into a Sales Agreement with A.G.P./Alliance Global Partners, allowing the company to offer and sell up to $7.4 million of its ordinary shares through the sales agent. The shares will be issued pursuant to the company's existing registration statement on Form F-3, with proceeds intended for working capital and general corporate purposes. Sales of shares will be conducted at the company's discretion, with the sales agent using commercially reasonable efforts to execute transactions in accordance with standard trading practices. The company is not obligated to sell any specific amount of shares under the agreement.
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