Wearable Devices Ltd. announced the newly available Mudra Studio Evaluation Kit for enterprise teams developing interactions for smart glasses and extended-reality (XR) systems. The kit combines Mudra Link, an electromyography-based neural wristband, with software for building, testing and customizing neural-input applications using natural-language prompts.
Mudra Link connects to compatible devices through standard Bluetooth Human Interface Device (HID) and supports gesture-based pointing and directional-pad navigation. The company says teams can tailor interactions to their users and workflows and evaluate them in their own applications before deeper integration.
Wearable Devices Ltd. (WLDS) announced a Notice of Allowance from China’s National Intellectual Property Administration for its application, “Method and Apparatus for a Gesture Controlled Interface for Wearable Devices.” The application concerns a wrist-worn band that senses surface nerve-conduction signals and turns hand and finger movements into commands without cameras, controllers or touchscreens. The China allowance specifically covers measuring gesture intensity, distinguishing pressure-based, continuous control from detecting only whether fingers were pressed together. The company says its broader portfolio comprises 14 patent matters across the United States, China and South Korea, six of which have been granted, with protection running as late as 2043.
Wearable Devices Ltd. (WLDS) reports that on September 10, 2026, its Board of Directors approved an increase in the ordinary shares reserved for issuance under the Company’s 2024 Global Equity Incentive Plan by 753,788 shares, raising the reserve from 433,952 to 1,187,740 shares.
This update is also incorporated by reference into the Company’s existing registration statements on Form S-8 and Form F-3 filed with the SEC.
Wearable Devices Ltd. (WLDS) reported first‑half 2026 results showing small but growing sales alongside significantly higher investment spending. Revenue for the six months ended June 30, 2026 rose to $350 thousand, up about 19% from $294 thousand a year earlier, mainly from B2C sales of the Mudra Band and Mudra Link.
The company’s operating loss widened to $5.9 million and net loss to $5.5 million, up 48.6% year over year, driven by higher research and development, sales and marketing, and general and administrative expenses, including increased headcount and share‑based compensation. Cash used in operating activities was $4.2 million in the half.
WLDS remains at an early revenue stage but is well capitalized, with $18.8 million in cash and short‑term deposits and $18.6 million of shareholders’ equity as of June 30, 2026, after a series of equity raises and warrant inducement transactions. Management states existing cash is expected to fund operations through mid‑2028, and the board and management believe cash is sufficient for at least one year from approval of the financial statements. A side letter with J.B.D Innovation Ltd. provides a contingent $12 million convertible debt financing commitment if future liquidity needs arise. The company also discloses recent activist‑driven board changes and notes that regional geopolitical tensions have, as of August 24, 2026, had no material impact on operations.
Wearable Devices Ltd. (WLDS) disclosed that Vardi Avichy Nisan, a director of the company, filed an initial statement of beneficial ownership on Form 3. The filing lists no reportable transactions or holdings in the non-derivative or derivative securities tables as of the reporting date.
Wearable Devices Ltd. (WLDS) reports that Adler Oz, a director of the company, has filed an initial statement of beneficial ownership on Form 3. The filing lists no equity transactions, derivative positions, or reportable holdings for Adler Oz at this time.
Wearable Devices Ltd. (WLDS) reported that Revach Hila Kiron is a director and filed an initial statement of beneficial ownership on Form 3. The filing lists no equity holdings and no reportable transactions or derivative positions for this reporting person as of the filing date.
Wearable Devices Ltd. (WLDS) reported that Kabazo Gabriel is a director of the company in an initial beneficial ownership statement. This Form 3 filing does not list any equity holdings or report any transactions or derivative positions for the reporting person.
Wearable Devices Ltd. (WLDS), an Israel-incorporated biotechnology/health care technology company, reported a completed exempt securities offering under Rule 506(b) of Regulation D. The company sold securities for aggregate gross proceeds of $3,284,924 USD, with no remaining amount to be sold. The offering involved equity, warrants or other rights to acquire securities, and the securities issuable upon exercise of those rights. The company notes that the total amount sold excludes any additional proceeds that may be received if the warrants are exercised in the future. A.G.P./Alliance Global Partners is identified in connection with a 7.0% cash fee and 1.0% management fee as placement agent compensation.