Wearable Devices Ltd. (WLDS) Form 6-K — Aug 5, 2026
On July 31, 2026, Wearable Devices Ltd. entered into a securities purchase agreement with a single institutional investor for a private placement expected to gross approximately $3.3 million, consisting of 240,000 ordinary shares at $3.285, pre-funded warrants on 760,000 shares at $3.2849, and ordinary warrants on 1,000,000 shares exercisable at $3.16 over five years. Closing is on hold because an interim ex parte order from the Economic Department of the Haifa District Court temporarily prohibits the company from advancing the offering or effecting any change to its capital structure, with a hearing on the motion to vacate set for August 12, 2026.
Key figures
- Gross Proceeds
- 3300000
- Offering Price
- 3.285
- Shares Offered
- 1000000
- Court hearing date
- 2026-08-12
- Warrant term years
- 5
- Ordinary shares sold
- 240000
- Ordinary warrant shares
- 1000000
- Prefunded warrant price
- 3.2849
- Prefunded warrant shares
- 760000
- Placement agent expense cap
- 50000
- Placement agent cash fee pct
- 7
- Ordinary warrant exercise price
- 3.16
- Prefunded warrant exercise price
- 0.0001
- Placement agent management fee pct
- 1
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.