Wearable Devices Regains Nasdaq Bid Price Compliance
Ticker: WLDSW · Form: 6-K · Filed: Oct 28, 2024 · CIK: 1887673
| Field | Detail |
|---|---|
| Company | Wearable Devices Ltd. (WLDSW) |
| Form Type | 6-K |
| Filed Date | Oct 28, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | bullish |
Sentiment: bullish
Topics: compliance, listing, nasdaq
Related Tickers: WEAR
TL;DR
WEAR back above $1, Nasdaq compliance secured!
AI Summary
Wearable Devices Ltd. announced on October 28, 2024, that it has regained compliance with the Nasdaq minimum bid price rule. This compliance is crucial for the company to maintain its listing on the Nasdaq Capital Market.
Why It Matters
Regaining compliance with the Nasdaq minimum bid price rule is essential for Wearable Devices Ltd. to avoid delisting and maintain its access to public capital markets.
Risk Assessment
Risk Level: medium — While regaining compliance is positive, the company's ability to sustain the bid price and its overall financial health remain key concerns.
Key Players & Entities
- Wearable Devices Ltd. (company) — Registrant
- Nasdaq (company) — Stock exchange where the company is listed
- October 28, 2024 (date) — Date of the press release
FAQ
What specific rule did Wearable Devices Ltd. regain compliance with?
Wearable Devices Ltd. regained compliance with the Nasdaq minimum bid price rule.
On what date was this announcement made?
The announcement was made on October 28, 2024.
What is the company's principal executive office address?
The company's principal executive office is located at 5 Ha-Tnufa Street, Yokne-am Illit, Israel, 2066736.
Which form is this filing submitted under?
This filing is submitted as a Form 6-K, Report of Foreign Private Issuer.
What is the Commission file number for Wearable Devices Ltd.?
The Commission file number for Wearable Devices Ltd. is 001-41502.
Filing Stats: 269 words · 1 min read · ~1 pages · Grade level 10.5 · Accepted 2024-10-28 08:35:06
Filing Documents
- ea0218778-6k_wearable.htm (6-K) — 11KB
- ea021877802ex99-1_wearable.htm (EX-99.1) — 4KB
- ex99-1_001.jpg (GRAPHIC) — 12KB
- 0001213900-24-090981.txt ( ) — 33KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Wearable Devices Ltd. Date: October 28, 2024 By: /s/ Asher Dahan Asher Dahan Chief Executive Officer 3