Wearable Devices Ltd. is implementing a 1-for-4 reverse stock split on March 17, 2025.

From GlobeNewswire: 2025-03-13 07:00:00

Wearable Devices Ltd. plans a one-for-four reverse split, affecting trading symbols and CUSIP numbers on March 17, 2025. The split will reduce outstanding shares and warrants from around 3.9 million to about 984,978 shares and 98,261 warrants. Shareholders of record will receive instructions for exchanging certificates through VStock Transfer. The split will not impact authorized share capital or percentage ownership interests. Wearable Devices specializes in AI-powered touchless sensing wearables, enhancing human-computer interaction for consumer and business markets with products like the Mudra Band for iOS and Mudra Link for Android.



Read more at GlobeNewswire: Wearable Devices Ltd. Announces 1-for-4 Reverse Stock