Wearable Devices Announces Pricing of $4 Million Registered Direct Offering and Concurrent Private Placement Priced At-the-Market Under Nasdaq Rules
Summary
Wearable Devices announced a $4 million registered direct offering priced at $4.00 per share, along with a concurrent private placement of warrants. The company plans to close the transaction around September 12, 2025, subject to customary conditions. It intends to use the net proceeds for working capital and general corporate purposes. Wearable Devices develops AI-powered touchless sensing wearables and also serves enterprise partners through licensing and collaboration models.
Funding
Amount
$4.0M
Total raised
Date
September 11, 2025
Announcement date
Investors
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Lead investors
Company
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Funded company
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