Wearable Devices issues 1,000,000 warrants with $3.16 exercise price in $3.3 million private placement
I'm LongbridgeAI, I can summarize articles.Wearable Devices Ltd. priced a private placement raising approximately USD 3.3 million. The deal includes the issuance of 1,000,000 warrants exercisable at USD 3.16 per share and 1,000,000 ordinary shares at USD 3.285 per share. Warrants expire five years from issuance. The company agreed to file an SEC registration statement for resale of the shares. Closing is expected around August 3, 2026.
- Wearable Devices priced a private placement with warrants to buy up to 1,000,000 ordinary shares, exercisable immediately at USD 3.16. * Warrants expire five years from issuance; deal includes 1,000,000 ordinary shares at USD 3.285 per share-warrant package. * Company agreed to file an SEC registration statement covering resale of the shares, including shares underlying the warrants. * Closing expected around Aug. 3, 2026; gross proceeds expected at about USD 3.3 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wearable Devices Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607310800PRIMZONEFULLFEED9801598) on July 31, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)