24/7 Market News Snapshot 11 September, 2025 – Wearable Devices Ltd. Ordinary Share (NASDAQ:WLDS)
DENVER, Colo., 11 September, 2025 (www.247marketnews.com) – (Nasdaq:WLDS) are discussed in this article.
Wearable Devices Ltd. (Nasdaq:WLDS, WLDSW) is experiencing a remarkable surge in investor interest, with its shares trading at $7.059, reflecting a significant increase of 36.27% from the previous closing price of $5.180. This notable rise, coupled with a robust trading volume of 11.77 million shares, indicates a heightened market confidence in the company’s future prospects. Analysts are observing this bullish trend closely, suggesting that it may continue as further developments unfold.
In addition to the share price surge, Wearable Devices has made substantial strides in its growth strategy through a newly announced securities purchase agreement with a prominent institutional investor. This agreement entails the sale of 1,000,000 ordinary shares at a price of $4.00 each, generating gross proceeds of approximately $4 million, slated to close around September 12, 2025, pending customary closing conditions. As part of this financial maneuver, the company will also conduct a private placement, issuing unregistered warrants for the purchase of an additional 1,000,000 ordinary shares, which are immediately exercisable at the same price of $4.00 per share and will be valid for five years.
The capital raised from these initiatives is earmarked for general corporate purposes and working capital, enabling Wearable Devices to advance its innovative human-computer interaction technologies, including the Mudra Band and Mudra Link. These state-of-the-art devices leverage neural input technology, allowing users to control digital interfaces through intuitive gestures. As the company continues to position itself as a leader in the expanding XR ecosystem, its ordinary shares and warrants will now trade on the Nasdaq Capital Market under the symbols “WLDS” and “WLDSW,” respectively. This financial strategy signifies a strong commitment to fostering growth and delivering value to stakeholders amid the evolving landscape of wearable technology.
Related news for (WLDS)
- Wearable Devices Granted U.S. Patent for Realistic Gesture-Controlled Virtual Object Modulation
- 24/7 Market News Snapshot 15 October, 2025 – Wearable Devices Ltd. Ordinary Share (NASDAQ:WLDS)
- Spider Silk & Crypto-Powered Rebrands Signal a New Investor Web
- Wearable Devices Announces Pricing of $4 Million Registered Direct Offering and Concurrent Private Placement Priced At-the-Market Under Nasdaq Rules
- Kraig Labs Positioned at the Forefront of the Next-Gen Materials Revolution
