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

May 24, 2023

https://www.globenewswire.com/news-release/2023/05/23/2674773/0/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, May 23, 2023 (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 November 20, 2023 to regain compliance with Nasdaq’s minimum bid price rule.

Read more at globenewswire.com

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