Welcome to our dedicated page for Wearable Devices news (Ticker: WLDSW), a resource for investors and traders seeking the latest updates and insights on Wearable Devices stock.
Wearable Devices Ltd (WLDSW) pioneers AI-driven neural interface technology that transforms subtle gestures into digital commands. This dedicated news hub provides investors and industry professionals with essential updates about the company's innovations in wearable electronics and human-computer interaction.
Access timely announcements covering product launches, strategic partnerships, and technological advancements. Our curated collection includes earnings reports, regulatory filings, and analyses of emerging applications in extended reality ecosystems. The resource simplifies tracking progress in neural input systems development while maintaining compliance with financial disclosure standards.
Discover updates about their proprietary Surface Nerve Conductance sensors, cross-platform compatibility enhancements, and enterprise licensing initiatives. Content is organized to help users efficiently monitor developments in gesture control solutions for consumer electronics and industrial applications.
Bookmark this page for consolidated access to Wearable Devices Ltd's official communications and market-moving updates. Return regularly to stay informed about advancements in touchless interface technology and their expanding role in digital interaction ecosystems.
Wearable Devices (Nasdaq: WLDS) has received a notification from Nasdaq regarding non-compliance with the minimum stockholders' equity requirement. The company failed to maintain the required $2.5 million in stockholders' equity, reporting approximately $1.695 million as of June 30, 2024.
The company has until March 3, 2025, to submit a compliance plan to Nasdaq. If accepted, Nasdaq may grant up to 180 calendar days extension to demonstrate compliance. During this period, WLDS and WLDSW will continue trading on the Nasdaq Capital Market.
Wearable Devices expects to regain compliance by December 31, 2024, following proceeds from its Standby Equity Purchase Agreement with YA II PN, and its November 2024 registered direct offering and concurrent private placement.
Wearable Devices (WLDS) received significant recognition at CES 2025 for its Mudra Link Neural Gesture-Control Wristband. The device, priced at $199, garnered praise from major tech media outlets including Tom's Guide, CNET, WAREABLE, Gadgets & Wearables, and ZDNet.
The Mudra Link was highlighted for bringing gesture controls to the mass market at a fraction of the cost of competing products like Apple Vision Pro ($3,500). The wristband integrates with AR glasses and smart devices via Bluetooth, enabling users to control applications through small finger movements. Notable collaborations include the integration with RayNeo X3 Pro AR glasses.
The product is now generally available for order through the company's website, with shipments expected by the end of January 2025.
Wearable Devices (WLDS) and RayNeo have announced a collaboration to launch the RayNeo X3 Pro glasses, integrated with Wearable Devices' Mudra neural input wristband. The AR glasses are powered by Qualcomm's Snapdragon AR1 Gen 1 Platform.
The Mudra technology enables gesture control without requiring line-of-sight, reducing device weight and power consumption while allowing for more compact designs. The system allows users to control AR experiences through subtle gestures, featuring customizable commands and cross-platform compatibility with iOS, Android, Windows, and macOS.
The co-branded AR glasses, labeled 'Powered by Mudra Technology,' will be showcased at CES 2025 at both companies' booths in the Las Vegas Convention Center's Central Hall.
Wearable Devices (Nasdaq: WLDS) announced the general availability of Mudra Link, the first neural wristband compatible with Android, macOS, and Windows devices. The device, which won a CES 2025 Innovation Award in the XR Technologies & Accessories category, uses proprietary Surface Nerve Conductance sensors to detect electromyography signals from finger movements and translate them into device commands.
The Mudra Link complements the company's existing Mudra Band for Apple devices, expanding their market reach across all major operating systems. The technology enables touchless control for various devices including AR glasses, smart TV streamers, mobile phones, computers, and smart home systems. The product will be available for immediate order with shipments expected by end of January, and will be showcased at CES 2025 booth #15758.
Wearable Devices (NASDAQ: WLDS) and RayNeo have partnered to showcase the first augmented reality glasses controlled by a neural wristband at CES 2025. The integration combines RayNeo's AR glasses with Wearable Devices' Mudra Link Neural Wristband, which uses surface nerve conductance sensors to capture finger and wrist movements and translate them into digital commands.
The demonstration will be available at CES Booth #15758 in the LVCC Central Hall, where visitors can experience hands-free control of AR interfaces. The Mudra Link Neural Wristband is compatible with Android, Windows, and macOS, making it versatile for AR, gaming, and productivity applications. This collaboration aims to advance the mass adoption of smart glasses operated by neural wristbands and position Wearable Devices as a leader in neural wrist-worn solutions for AR and XR markets.
Wearable Devices (Nasdaq: WLDS) has completed its previously announced registered direct offering and concurrent private placement, raising $1.85 million in gross proceeds. The company sold 822,000 ordinary shares at a combined purchase price of $2.25 per share, along with warrants to purchase up to 822,000 ordinary shares at an exercise price of $2.50, exercisable immediately and expiring in five years. The proceeds will be used for working capital and general corporate purposes. A.G.P./Alliance Global Partners served as the sole placement agent for the offerings.
Wearable Devices (Nasdaq: WLDS) has announced a $1.85 million registered direct offering and concurrent private placement. The company will issue 822,000 ordinary shares at $2.25 per share to a single institutional investor. Additionally, warrants to purchase up to 822,000 ordinary shares will be issued with an exercise price of $2.50, valid for five years. The proceeds will be used for working capital and general corporate purposes. A.G.P./Alliance Global Partners is acting as the sole placement agent, with closing expected around November 27, 2024.
Wearable Devices (Nasdaq: WLDS) introduces a groundbreaking Neural Wristband category with its Mudra Band and Mudra Link products. These devices utilize proprietary Surface Nerve Conductance (SNC) technology to detect neural signals and wrist movements, enabling intuitive gesture control of digital devices. The technology decodes unique neural signal patterns for each finger movement through AI algorithms, allowing users to interact with digital elements using familiar gestures like tap and drag. The Mudra products can recognize gestures even when hands are at waist level or in pockets, and are compatible with Apple, Android, Windows, and macOS devices.
Wearable Devices (Nasdaq: WLDS) announced that its Mudra Link, a neural interface wristband, has been named a CES® 2025 Innovation Awards Honoree in the XR Technologies & Accessories category. The device, which enables hands-free digital control for Android, iOS, and other platforms, captures neural signals from subtle finger and wrist movements for intuitive device interaction. This recognition follows the company's previous success with Mudra Band, which won the 'Best of CES® Innovation Award' in 2021. The technology is particularly relevant for augmented reality and virtual reality experiences, offering control capabilities beyond line-of-sight limitations.
Wearable Devices (Nasdaq: WLDS) announces a strategic collaboration with TCL-RayNeo to develop neural interface wristbands for AR glasses, aiming for market release as early as next year. The partnership integrates RayNeo's AR glasses with Wearable Devices' neural gesture control technology, enabling hands-free, gesture-based interactions in augmented reality environments. This initiative positions them ahead of Meta's recently announced gesture control prototype. The collaboration combines RayNeo's AR hardware expertise with Wearable Devices' Mudra Band and Mudra Link technology to create immersive, intuitive user experiences in the XR market.
FAQ
What is the current stock price of Wearable Devices (WLDSW)?
