Core Insights - Wearable Devices Ltd. has announced a significant advancement in human-computer interaction through the development of Large MUAP Models (LMM), which aim to revolutionize gesture control using neural data [1][2] - The technology focuses on personalization, creating unique neural profiles for users to enable intuitive and effortless interactions with digital devices [2][3] - Wearable Devices' existing products, such as the Mudra Band and Mudra Link, already showcase the potential of neural interfaces, paving the way for a future where wearable technology is seamlessly integrated into daily life [3][4] Company Overview - Wearable Devices Ltd. is a pioneering growth company specializing in AI-powered neural input technology for both consumer and business markets, with products designed for touch-free interaction [5] - The company operates a dual-channel business model, offering direct-to-consumer sales and enterprise licensing, aiming to redefine user experiences in the rapidly growing AR/VR/XR sectors [5] - The flagship products, including the Mudra Band for iOS and Mudra Link for Android, leverage advanced AI algorithms and proprietary sensors to enhance user interaction [5]

Yokneam Illit, Israel, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the "Company" or "Wearable Devices") (NASDAQ:WLDS, WLDSW)), an award-winning pioneer in artificial intelligence ("AI")-based wearable gesture control technology, today announced the closing of its previously announced "reasonable best efforts" public offering with a single institutional investor for the purchase and sale of 345,000 ordinary shares, 2,155,000 pre-funded warrants, and warrants to purchase up to 2,500,000 ordinary ...

Company Overview - Wearable Devices Ltd. is a pioneer in AI-based wearable gesture control technology, focusing on revolutionizing human-computer interaction through its innovative products like the Mudra Band and Mudra Link [6] - The company operates a dual-channel business model, including direct-to-consumer sales and enterprise licensing, targeting both consumer and business markets [6] Offering Details - The company announced a public offering of up to 2,500,000 ordinary shares and warrants to purchase an additional 2,500,000 ordinary shares at a combined offering price of $1.00 per share and warrant, expecting gross proceeds of approximately $2.5 million [1][2] - The closing of the offering is anticipated on or about January 30, 2025, subject to customary closing conditions [2] - The proceeds from the offering will be used for working capital and general corporate purposes [2] Warrant Amendments - In connection with the offering, the company will amend existing warrants previously issued to the investor, reducing the exercise price from $2.50 to $1.00 per share, with an expiration of five years following the closing of the offering [3] Regulatory Compliance - The securities are being offered under a registration statement on Form F-1, which was declared effective on January 28, 2025, and the offering is made only by means of a prospectus [4]

The Mudra Link was showcased at CES® 2025 and recognized with an Innovation Awards in the XR Technologies & Accessories category Yokneam Illit, Israel, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), an award-winning pioneer in artificial intelligence (“AI”)-based wearable gesture control technology, announced the general availability of its Mudra® Link, the first neural wristband for Android, macOS and Windows devices. The Mudra Link was ...

Yokneam Illit, Israel, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the "Company" or "Wearable Devices") (NASDAQ:WLDS, WLDSW)), an award-winning pioneer in artificial intelligence ("AI")-based wearable gesture control technology, today announced that it has received a written notification (the "Notification Letter") from the Listing Qualifications staff of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it is no longer in compliance with the minimum stockholders' equity require ...

Yokneam Illit, Israel, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), an award-winning pioneer in artificial intelligence (“AI”)-based wearable gesture control technology, today announced that it has received a written notification (the "Notification Letter") from the Listing Qualifications staff of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is no longer in compliance with the minimum stockholders' equity require ...

Yokneam Illit, Israel, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), an award-winning pioneer in artificial intelligence (“AI”)-based wearable gesture control technology, is pleased to announce that its Mudra Link Neural Gesture-Control Wristband received widespread acclaim at CES 2025, solidifying its reputation as an innovation leader in wearable technology. Prominent media outlets, including Tom’s Guide, CNET, WAREABLE, Gadgets & Wear ...

Yokneam Illit, Israel, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) and RayNeo™ today announced their groundbreaking collaboration to redefine the augmented reality (“AR”) experience with the debut of the RayNeo™ X3 Pro glasses, pre-bundled with Wearable Devices’ Mudra® neural input wristband. The glasses are powered by the Snapdragon® AR1 Gen 1 Platform from Qualcomm Technologies, Inc. This ecosystem collaboration sets a new standard for intuitive and immersive AR interacti ...

Award-Winning Technology to be Showcased at CES® Booth #15758 Yokneam Illit, Israel, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), an award-winning pioneer in artificial intelligence (“AI”)-based wearable gesture control technology, announced the general availability of its Mudra® Link, the first neural wristband for Android, macOS and Windows devices. This achievement marks the Company’s continued expansion as the industry pioneer in w ...

Yokneam Illit, Israel, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), an award-winning pioneer in artificial intelligence (“AI”)-based wearable gesture control technology, today announced that it has closed its registered direct offering and concurrent private placement, announced on November 26, 2024, for the issuance and sale of 822,000 ordinary shares (or ordinary share equivalents) in a registered direct offering and warrants to purc ...