WLDS · Wearable Devices Ltd.

Summary

Wearable Devices Ltd. announced a 1-for-3 reverse stock split of its ordinary shares and warrants, effective for trading on March 11, 2026, to increase the per-share price and regain compliance with Nasdaq's $1.00 minimum bid price requirement. The split was approved by shareholders on February 19, 2026, and uniformly affects all shareholders without changing ownership percentages.

Key takeaways

• 1-for-3 reverse stock split of Ordinary Shares (WLDS) and Warrants (WLDSW)
• Trading on split-adjusted basis begins March 11, 2026 on Nasdaq Capital Market
• Reduces issued Ordinary Shares from 10,593,227 to approximately 3,531,076
• Reduces publicly held Warrants from 98,589 to approximately 32,863
• Shareholder approval at Special General Meeting on February 19, 2026
• New CUSIP numbers: Ordinary Shares M97838300, Warrants M97838193