Wearable Devices shareholders seek special meeting to overhaul board, bylaws
WLDS•Shareholders demand special meeting and board changes
Wearable Devices received a July 27, 2026 demand from J.B.D Innovation and Victor Tshuva & Co. to call a special shareholder meeting.
The proposing shareholders said they hold about 24.8% of voting rights.
The demand seeks governance changes, including amending director election rules, removing four of five directors, and electing four new nominees.
The request also asks the company to pause certain non-ordinary course actions, including some financing or strategic transactions, pending the meeting.
The board is reviewing the demand with legal advisers; the outcome or timing remains uncertain.
