Wearable Devices Ltd. (NASDAQ: WLDS) will implement a one-for-three reverse split of its ordinary shares and tradable warrants, effective when trading begins on a split-adjusted basis on March 11, 2026. The company announced this action to increase its per-share trading price and regain compliance with the $1.00 minimum bid price requirement for continued listing on the Nasdaq Capital Market.
Following the reverse split, the number of issued and outstanding ordinary shares will be reduced from 10,593,227 to approximately 3,531,076. Publicly held warrants will decrease from 98,589 to about 32,863, with trading to continue under the existing ticker symbols "WLDS" and "WLDSW." Shareholders approved the move at a special meeting on February 19, 2026, and the company expects the reverse split to maintain proportional ownership among shareholders, subject to rounding adjustments for fractional shares.
Wearable Devices is a growth company pioneering human-computer interaction through its AI-powered neural input touchless technology. The company's consumer products include the Mudra Band and Mudra Link, which define the neural input category for wrist-worn devices and brain-computer interfaces. These products enable touch-free, intuitive control of digital devices using gestures across multiple operating systems.
The company operates through a dual-channel model of direct-to-consumer sales and enterprise licensing and collaborations. Wearable Devices provides consumers with stylish, functional wearables for enhanced experiences in gaming, productivity, and extended reality (XR). In the business sector, the company offers enterprise partners advanced input solutions for immersive and interactive environments, from augmented reality/virtual reality/XR to smart environments.
By setting the standard for neural input in the XR ecosystem, Wearable Devices aims to shape the future of seamless, natural user experiences across some of the world's fastest-growing tech markets. The company's newly launched ai6 Labs ecosystem accelerates this vision by integrating research, products, and AI breakthroughs. More information about the company is available at https://ibn.fm/WLDS.
For business and technology leaders, this reverse split represents a strategic financial maneuver to maintain market access while the company continues developing its AI-powered wearable technology. Maintaining Nasdaq listing provides continued visibility and credibility in competitive technology markets, potentially affecting investor confidence and the company's ability to raise capital for future growth initiatives in the rapidly evolving AI and wearable technology sectors.
