Wearable Devices Ltd. Announces Pricing of $2.5 Million Public Offering
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Wearable Devices Ltd. has announced a $2.5 million public offering, involving the sale of 2.5 million ordinary shares and warrants at $1.00 each. The company expects to raise $2.5 million before expenses.
January 29, 2025 | 1:15 am
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Wearable Devices Ltd. is conducting a public offering to raise $2.5 million by selling 2.5 million shares and warrants at $1.00 each. This could lead to stock price volatility.
The public offering will increase the number of shares available, potentially diluting existing shares and leading to short-term price volatility. The offering price of $1.00 per share may also set a new price benchmark.
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IMPORTANCE 80
RELEVANCE 100