Wearable Devices prices USD 3.3 million private placement with institutional investor

WLDS•2026-08-05

Proceeds use

Proceeds are earmarked for Mudra commercialization, next-generation product development, AI6 Labs initiatives, strategic transactions, and working capital.

Private placement priced with one institutional investor

Wearable Devices priced a USD 3.3 million private placement with one institutional investor, selling 1,000,000 ordinary shares or equivalents.

The deal was priced at USD 3.29 per share and includes warrants for up to 1,000,000 ordinary shares. The warrants have a strike price of USD 3.16.

The warrants are exercisable immediately and expire five years from issuance. Closing is expected around Aug. 3, 2026.

Sources

Wearable Devices prices USD 3.3 million private placement with institutional investor

Sec

Wearable Devices prices USD 3.3 million private placement with institutional investor

Proceeds use

Private placement priced with one institutional investor

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Wearable Devices prices USD 3.3 million private placement with institutional investor

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