Wearable Devices Ltd

Wearable Devices Ltd. engages in the development of a non-invasive neural input technology that allows operation and control of digital devices using subtle finger movements and fingertip pressure. It offers Mudra band, a neutral input wristband. The company was founded by Asher Dahan, Guy Wagner, and Leeor Langer in March 2014 and is headquartered in Yokne'am Illit, Israel.

Earnings data Q4 2023

First step in criteria for potential deployment of the Mudra technology in OEM's XR smart glasses YOKNEAM ILLIT, ISRAEL, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) (“Wearable Devices” or the “Company”), a technology growth company specializing in artificial intelligence (“AI")-powered touchless sensing wearables, today announced the successful completion of the first phase of a deployment project with a leading extended reality (“XR”) smart glasses original equipment manufacturer (the “OEM”).

Wearable Devices Completes First Phase of Deployment Testing for a Leading Extended Reality Glasses OEM

- The Mudra Band is a revolutionary wearable device that empowers users to interact with technology effortlessly through hand gestures –

Wearable Devices Expands its Marketing and Sales Efforts with New Website Platform for the Mudra Band

Mudra Band's Gesture Algorithm Focusing on Finger Movement Exceled in 1,000-User Test, Ready for Widespread Mobile OS Deployment YOKNEAM ILLIT, ISRAEL, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a pioneering tech firm specializing in AI-powered touchless sensing wearables, today announced that its gesture recognition algorithm has passed accuracy performance testing on a carefully curated custom dataset for finger movement recognition based on first-time usage.

Wearable Devices Introduces AI-Based Gesture Recognition Algorithm that is Optimized for User-Inclusive Accuracy for Apple Devices

NEW YORK, NY / ACCESSWIRE / November 13, 2023 / Aegis Capital Corp. acted as Sole Bookrunner on a $2 Million Underwritten Public Offering for Wearable Devices Ltd. (NASDAQ:WLDS).

Aegis Capital Corp. Acted as Sole Bookrunner on a $2 Million Underwritten Public Offering for Wearable Devices Ltd. (NASDAQ:WLDS)

YOKNEAM ILLIT, ISRAEL, Nov. 13, 2023 (GLOBE NEWSWIRE) --  Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in AI-powered touchless sensing wearables, today announced the closing of a firm commitment underwritten public offering with gross proceeds to the Company of $2.0 million, before deducting underwriting discounts and other expenses paid by the Company. The base offering consisted of 4,444,444 ordinary shares priced to the public at $0.45 per share. The Company intends to use the proceeds from this offering for working capital and general corporate purposes.

Wearable Devices Announces Closing of $2.0 Million Underwritten Public Offering

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YOKNEAM ILLIT, ISRAEL, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in AI-powered touchless sensing wearables, today announced the pricing of a firm commitment underwritten public offering with gross proceeds to the Company expected to be approximately $2.0 million, before deducting underwriting discounts and other estimated expenses payable by the Company. The base offering consists of 4,444,444 ordinary shares at a price to the public of $0.45 per share. The Company intends to use the net proceeds from this offering for working capital and general corporate purposes.

Wearable Devices Announces Pricing of $2.0 Million Underwritten Public Offering

YOKNEAM ILLIT, ISRAEL, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in AI-powered touchless sensing wearables, today announced that it intends to offer its securities in a firm commitment underwritten public offering. The Company intends to use the net proceeds from this offering for working capital. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

Wearable Devices Announces Proposed Underwritten Public Offering

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- The Mudra Band now offers users touchless navigation and operation of their Apple TV using gestures such as swiping fingers that resemble D-pad device functionality -

Wearable Devices Upgrades Apple TV Experience Through Gesture Control

The purchase order signifies Wearable Devices' successful market outreach in Asia, particularly Japan, marking a pivotal stride in expanding its technological influence

Wearable Devices Receives Purchase Order from a Leading Japanese Industrial Automation Company

The Company is in active discussions with prospective retail distributors to support go-to-market strategy YOKNEAM ILLIT, ISRAEL, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in AI-powered touchless sensing wearables, today announced the completed shipment of the second manufacturing batch of the Mudra Band for Apple Watch.

Wearable Devices Successfully Delivers Second Production Batch of Mudra Bands

Say goodbye to physical touch and hello to the power of your voice and the grace of gestures YOKNEAM ILLIT, ISRAEL, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence (AI) powered touchless sensing wearables, is thrilled to announce a game-changing development – the integration of a remarkable gesture and voice-controlled interface for its Mudra Band for Apple Watch Picture this: complete control at your fingertips, or rather, at the wave of your hand and the sound of your voice.

Unlocking the Future: Wearable Devices Introduces Cutting-Edge Gesture and Voice Control Integration for the Mudra Band for Apple Watch

The integration allows users to harness both voice commands and gestures to control digital devices without the need for physical touch

Wearable Devices Unveils New Gesture and Voice-Controlled Interface for its Mudra Band for Apple Watch

YOKNEAM ILLIT, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) (“Wearable Devices” or the “Company”) , a technology growth company specializing in artificial intelligence (AI)-powered touchless sensing wearables, today announced that it has received a written notice (the “Notice”) from Nasdaq Stock Market LLC (“Nasdaq”), indicating that the Company is not in compliance with the minimum bid price requirement for continued listing set forth in Nasdaq Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of $1.00 per share. Under Nasdaq Listing Rule 5810(c)(3)(A), the Company has been granted a period of 180 calendar days to regain compliance with the minimum bid price requirement. The Notice has no immediate effect on the Company's Nasdaq listing or the trading of its ordinary shares or warrants, and during the grace period, as may be extended, the Company's ordinary shares and warrants will continue to trade on the Nasdaq Capital Market under the symbol “WLDS” and “WLDSW”, respectively.

Wearable Devices Announces Receipt of Nasdaq Minimum Bid Price Notification

The Company has been approached by global defense and military organizations interested in incorporating advanced technologies into their operations

Wearable Devices Expands Mudra Licensing Program to Include Defense and Military Applications

Wearable Devices will join industry standard voting committee of OpenXR, which includes among others, prominent players such as Apple, Meta and Google

Wearable Devices Expands its Impact within the Industry's XR Landscape by Joining the OpenXR Voting Committee

Wearable Devices' Co-Founder: “We're excited to join Khronos Group and help define the future of the OpenXR Standards”

Wearable Devices Joins Khronos Group As A Voting Right Member To Help Drive The OpenXR Industry Standard

YOKNEAM ILLIT, ISRAEL, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) (“Wearable Devices” or the “Company”), a technology growth company specializing in AI-powered touchless sensing wearables, today announced the signing of a non-binding Memorandum of Understanding (“MOU”) under its newly launched Mudra licensing program. The MOU has been signed with a leading Chinese original equipment manufacturer (“OEM”) of extended reality (“XR”) smart glasses.

Wearable Devices Entered an MOU with a Leading XR Smart Glasses OEM for its Mudra Licensing Program

Using the Mudra Band spatial gestures in tandem with the Apple Watch Double Tap gesture should allow for full touchless control across the Apple product ecosystem

Wearable Devices to Enhance Apple Watch Series 9 New ‘DoubleTap' Feature With its Mudra Band Touchless Gesture Control

Using the Mudra Band Air-Touch feature in tandem with the Apple Watch AssistiveTouch touchless gesture control feature allows for full touchless control across the Apple product ecosystem

Wearable Devices' Mudra Band Enables Full Touchless Control of Apple Product Ecosystem

The Company delivered its award winning Mudra Band product to first customers, allowing them to control their Apple ecosystem devices using touchless hand and finger gestures

Apple Watch Users Received The First Wearable Devices Mudra Bands

Wearable Devices' compatibility and seamless experience of the Mudra technology with OPPO MR Glass Developer Edition will be available at the Augmented World Expo Asia on August 30-31, 2023 in Singapore

Wearable Devices' Mudra Neural Gestures Control Demonstrated With OPPO MR Glass Developer Edition

YOKNE'AM ILLIT, Israel, Aug. 25, 2023 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) (“Wearable Devices” or the “Company”), a technology growth company specializing in AI-powered touchless sensing wearables, today announced its financial results for the six months ended June 30, 2023.

Wearable Devices Announces First Half 2023 Results

YOKNEAM ILLIT, ISRAEL, Aug. 24, 2023 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in AI-powered touchless sensing wearables, today announced that it is engaging with several leading original equipment manufacturers ("OEMs”) for the evaluation and potential licensing of the Company's innovative Mudra gesture technology. Upon entering into agreements with OEMs, Wearable Devices will provide the OEMs with a comprehensive suite of applications and functions that can be seamlessly controlled by gestures, allowing OEMs to experience the transformative potential of Mudra technology in real-world scenarios.

News for Wearable Devices Ltd Stock (WLDS)