Wearable Devices Ltd. Announces 1-for-4 Reverse Stock Split
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Wearable Devices Ltd. announced a 1-for-4 reverse stock split for its ordinary shares and tradable warrants, effective March 17, 2025. The shares and warrants will continue trading under the symbols WLDS and WLDSW on the Nasdaq Capital Market.
March 13, 2025 | 11:15 am
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Wearable Devices Ltd. is implementing a 1-for-4 reverse stock split for its ordinary shares, effective March 17, 2025. This action is likely to impact the stock price as it adjusts to the new share structure.
The reverse stock split will reduce the number of shares outstanding, which typically leads to an increase in the stock price per share. However, the overall market capitalization remains unchanged. Investors may react to the split, but the long-term impact depends on the company's performance.
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