The 180-day extension granted by Nasdaq provides Wearable Devices Ltd. with additional time to regain compliance with the minimum bid price rule. This news has no immediate effect on the listing or trading of the company's ordinary shares, which will continue to trade on the Nasdaq Capital Market under the symbol 'WLDS.' The short-term impact on the stock price is neutral, as the extension does not guarantee that the company will regain compliance, but it does provide more time for the company to work towards meeting the requirement.