- Wearable Devices Ltd. announced on **September 11, 2025**, that it entered into a securities purchase agreement with a **single institutional investor** for a **registered direct offering** and a **concurrent private placement**.  **[1887673_0001213900-25-086848_ea025695001ex99-1_wearable.htm:0]** **[1887673_0001213900-25-086848_ea0256950-6k_wearable.htm:1]** 
- The registered direct offering involves the sale of **1,000,000 ordinary shares** (or equivalents) at a purchase price of **$4.00 per share**, expected to generate **approximately $4 million** in gross proceeds.  **[1887673_0001213900-25-086848_ea025695001ex99-1_wearable.htm:0]**  This includes **440,000 ordinary shares** at **$4.00 per share** and **560,000 pre-funded warrants** at **$3.9999 per pre-funded warrant**, exercisable at **$0.0001 per share**.  **[1887673_0001213900-25-086848_ea0256950-6k_wearable.htm:1]** 
- In the concurrent private placement, Wearable Devices will issue **unregistered warrants** to purchase up to **1,000,000 ordinary shares** with an exercise price of **$4.00 per share**, exercisable immediately and expiring **five years** from the initial exercise date.  **[1887673_0001213900-25-086848_ea025695001ex99-1_wearable.htm:0]** 
- The net proceeds from the offering are intended for **working capital and general corporate purposes**.  **[1887673_0001213900-25-086848_ea025695001ex99-1_wearable.htm:0]** 
- The closing of the offering is expected to occur on or about **September 12, 2025**, subject to customary closing conditions, and the company has agreed to a **60-day restriction** on issuing additional equity, with certain exceptions.  **[1887673_0001213900-25-086848_ea025695001ex99-1_wearable.htm:0]** **[1887673_0001213900-25-086848_ea0256950-6k_wearable.htm:1]** **[1887673_0001213900-25-086848_ea025695001ex10-2_wearable.htm:36]**

Wearable Devices (WLDS)