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Wearable Devices Ltd. Warrant - WLDSW STOCK NEWS

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Wearable Devices Ltd. specializes in developing hardware and software solutions for interacting with computers, focusing on creating natural and intuitive interactions. Their flagship product, the Mudra Band, enables touchless operation of Apple ecosystem devices by recognizing subtle finger and wrist movements.

The company has transitioned from R&D to commercialization, offering B2B and B2C products. Wearable Devices recently completed a successful collaboration with a global defense company, showcasing the feasibility of integrating their neural gesture technology into defense-grade applications.

With a commitment to disruptive technology, Wearable Devices aims to set the input standard for Extended Reality (XR) by leveraging AI and proprietary algorithms, hardware, and software. Their ordinary shares and warrants trade on Nasdaq under the symbols 'WLDS' and 'WLDSW', respectively.

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Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) announces the establishment of a new U.S. office in Redwood City, California, to strengthen partner relations and market presence for its neural input technology. The move aims to enhance customer service and engagement with North American business partners, signaling a significant chapter of growth and development.
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Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) has completed the first phase of a deployment project with a leading XR smart glasses OEM, meeting criteria outlined in a memorandum of understanding for the potential integration of the Company's Mudra technology. The CEO, Asher Dahan, expressed satisfaction and announced plans for the second phase of deployment testing.
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Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) introduces the enhanced Mudra Band website, offering a seamless and engaging online experience for users. The revolutionary wearable device empowers users to interact with technology effortlessly through hand gestures. The website provides easy access to product information, resources, and a user-friendly shopping experience, highlighting its cutting-edge features and integration with various Apple Ecosystem devices and applications.
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Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) announced that its gesture recognition algorithm has passed accuracy performance testing for finger movement recognition, ready for widespread mobile OS deployment. The AI-based system is compatible with leading mobile operating systems, including TensorFlow Lite and Core ML.
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Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) announced the closing of a $2.0 million public offering, with 4,444,444 ordinary shares priced at $0.45 per share. The proceeds will be used for working capital and general corporate purposes. Aegis Capital Corp. acted as the sole book-running manager for the offering. The offering was made pursuant to an effective shelf registration statement on Form F-3 (No. 333-274841) declared effective by the SEC on October 18, 2023.
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Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) announced a firm commitment underwritten public offering, expecting gross proceeds of approximately $2.0 million. The offering consists of 4,444,444 ordinary shares at a price of $0.45 per share, with the intention to use the net proceeds for working capital and general corporate purposes. Aegis Capital Corp. has been granted a 45-day option to purchase additional shares. The offering is expected to close on November 13, 2023.
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Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) announced a firm commitment underwritten public offering to raise capital for working capital. The offering is subject to market conditions, with Aegis Capital Corp. as the sole book-running manager. This offering is made pursuant to an effective shelf registration statement on Form F-3 declared effective by the SEC on October 18, 2023.
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Wearable Devices announced a new technology feature for the Mudra Band, allowing users to control their Apple TV using touchless hand movements. The Mudra Band is an AI-powered aftermarket Apple Watch band that processes data from sensors to detect finger movements. With the new feature, users can navigate menus, play games, and operate Apple TV with precise gestures. The D-pad functionality provides precise directional control for discrete steps. The feature will be available in the next Mudra Band app update.
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Wearable Devices Ltd. has received a purchase order from a prominent Japanese industrial automation company for its evaluation kit samples and dedicated evaluation software. This signifies the company's successful market outreach in Asia, particularly Japan. The automation company aims to utilize Wearable Devices' technology for robot control applications, highlighting the versatility and advanced capabilities of the products. The purchase order was a result of the company's participation at the XR FAIR conference in Tokyo in June 2023.
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Wearable Devices Ltd. has completed the shipment of the second manufacturing batch of the Mudra Band for Apple Watch. The company plans to ramp up production to meet preorder demand and support its go-to-market strategy. They are also in discussions with prospective retail distribution partners to maximize their presence and accessibility to potential customers.
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FAQ

What is the current stock price of Wearable Devices Ltd. Warrant (WLDSW)?

The current stock price of Wearable Devices Ltd. Warrant (WLDSW) is $0.2822 as of December 23, 2024.

What does Wearable Devices Ltd. specialize in?

Wearable Devices Ltd. specializes in developing hardware and software solutions for interacting with computers, focusing on creating natural and intuitive interactions.

What is the flagship product of Wearable Devices Ltd.?

The Mudra Band is the flagship product of Wearable Devices Ltd., enabling touchless operation of Apple ecosystem devices by recognizing subtle finger and wrist movements.

Where do the ordinary shares and warrants of Wearable Devices Ltd. trade?

The ordinary shares and warrants of Wearable Devices Ltd. trade on Nasdaq under the symbols 'WLDS' and 'WLDSW', respectively.

What recent collaboration did Wearable Devices Ltd. complete?

Wearable Devices Ltd. recently completed a successful collaboration with a global defense company, showcasing the feasibility of integrating their neural gesture technology into defense-grade applications.

What is the current focus of Wearable Devices Ltd.?

Wearable Devices Ltd. is committed to disruptive technology, aiming to set the input standard for Extended Reality (XR) by leveraging AI and proprietary algorithms, hardware, and software.

Wearable Devices Ltd. Warrant

Nasdaq:WLDSW

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