Wearable Devices prices USD 3.3 million private placement with institutional investor
I'm LongbridgeAI, I can summarize articles.Wearable Devices priced a USD 3.3 million private placement with one institutional investor, selling 1,000,000 ordinary shares at USD 3.29 per share, accompanied by warrants for up to 1,000,000 additional shares. Proceeds will fund Mudra commercialization, next-generation product development, AI6 Labs initiatives, strategic transactions, and working capital.
- Wearable Devices priced a USD 3.3 million private placement with one institutional investor, sold 1,000,000 ordinary shares or equivalents. * Deal priced at USD 3.29 per share with warrants for up to 1,000,000 ordinary shares; warrants strike at USD 3.16. * Warrants exercisable immediately, expire five years from issuance; closing expected around Aug. 3, 2026. * Proceeds earmarked for Mudra commercialization, next-generation product development, AI6 Labs initiatives, strategic transactions, working capital. 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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-085656), on August 05, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here