Wearable Devices Granted 180-Day Extension by Nasdaq to Regain Compliance with Minimum Bid Requirement

April 24, 2024

https://www.globenewswire.com/news-release/2024/04/24/2869111/0/en/Wearable-Devices-Granted-180-Day-Extension-by-Nasdaq-to-Regain-Compliance-with-Minimum-Bid-Requirement.html

No Immediate Effect on Nasdaq Listing or Trading of the Company’s Ordinary Shares

YOKNEAM ILLIT, ISRAEL, April 24, 2024 (GLOBE NEWSWIRE) —  Wearable Devices Ltd. (Nasdaq:WLDS, WLDSW) (“Wearable Devices” or the “Company”), a technology growth company developing AI-powered touchless sensing wearables, today announced that it has received a notification letter from Nasdaq Stock Market LLC (“Nasdaq”) that the Company has been granted an additional 180-day compliance period, or until October 21, 2024, to regain compliance with Nasdaq’s minimum bid price rule.

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