Wearable Devices issues 1,000,000 warrants with $3.16 exercise price in $3.3 million private placement - WLDS News | RalliesWearable Devices issues 1,000,000 warrants with $3.16 exercise price in $3.3 million private placement
W
WLDS• Private placement terms
- Wearable Devices priced a private placement with warrants to buy up to 1,000,000 ordinary shares, exercisable immediately at $3.16.
- The warrants expire five years from issuance; the deal includes 1,000,000 ordinary shares at $3.285 per share-warrant package.
- The company agreed to file an SEC registration statement covering resale of the shares, including shares underlying the warrants.
- Closing is expected around Aug. 3, 2026; gross proceeds are expected at about $3.3 million.
SPRC
•