Wearable Devices holders fully exit share position
Wearable Devices Ltd. disclosed that J.B.D Innovation Ltd., Nissim Daniel, Victor Tshuva & Co. – Law Offices, and Victor Tshuva have sold all of their Ordinary Shares and no longer beneficially own any stake in the company.
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Rhea-AI Filing Summary
Wearable Devices Ltd. disclosed that J.B.D Innovation Ltd., Nissim Daniel, Victor Tshuva & Co. – Law Offices, and Victor Tshuva have sold all of their Ordinary Shares and no longer beneficially own any stake in the company. As of August 11, 2026, each reporting person holds 0 Ordinary Shares, representing 0% of the outstanding class, with no voting or dispositive power and no pecuniary interest.
On August 10, 2026, the group sold an aggregate 258,126 Ordinary Shares in open-market transactions, and on August 11, 2026, a further 123,235 shares, fully exiting their position and ceasing to be beneficial owners of 5% or more of the company’s Ordinary Shares.
Filing Explained
The final exit filing also ends the selling entities’ voting, transfer, and governance obligations under their July 26 agreement.
This Schedule 13D/A amendment closes the reporting group’s ownership filing: the company states it is the final amendment and an exit filing. The filing also states that, after the disposals, the reporting persons have no voting, transfer, or governance obligations under their July 26 agreement.
The reported sales generated approximately
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Key Terms
beneficially own financial
Schedule 13(d) regulatory
pecuniary interest financial
weighted average sale prices financial
Exchange Act regulatory
FAQ
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What ownership change in WLDS is reported in this Schedule 13D amendment?
Are the WLDS reporting persons still bound by prior governance or voting agreements?
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