24/7 Market News Snapshot 12 September, 2025 – Wearable Devices Ltd. Ordinary Share (NASDAQ:WLDS)

September 12, 2025

DENVER, Colo., 12 September, 2025 (www.247marketnews.com) – (Nasdaq:WLDS) are discussed in this article.
Wearable Devices Ltd. (Nasdaq:WLDS, WLDSW), a leader in AI-driven touchless sensing wearables, is experiencing a positive market response, with shares up approximately 8.00% in pre-market trading at $8.759, compared to a previous close of $8.110. A substantial trading volume of 10.81 million shares reflects strong investor interest, suggesting potential momentum for continued growth. The company recently entered into a notable securities purchase agreement with an institutional investor, which includes the sale of 670,000 ordinary shares at a price of $6.00 each, expected to generate around $4 million in gross proceeds prior to expenses.

This registered direct offering is anticipated to close by September 15, 2025, contingent on standard closing conditions. In conjunction with this, the firm will issue unregistered warrants, enabling the purchase of an additional 670,000 ordinary shares at the same exercise price of $6.00, expanding investor engagement and capital generation. The warrants will be immediately exercisable and will remain valid for five years post-issuance.

“Funds from this offering will enhance our working capital and assist in general corporate purposes,” stated a spokesperson for Wearable Devices. This financial maneuver is pivotal for the company’s strategic growth plans, particularly as it focuses on advancing products like the Mudra Band and Mudra Link—innovations that allow users to interact with technology through intuitive gestures.

With a firm commitment to redefining human-computer interaction, Wearable Devices is poised to further its influence in the touchless technology sector. The current trading momentum, combined with the strategic acquisition of capital, positions the company advantageously within the rapidly evolving tech landscape, ensuring it remains at the forefront of immersive technology solutions.

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