Wearable Devices Granted 180-Day Extension by Nasdaq to Regain Compliance with Minimum Bid Requirement
Wearable Devices Ltd. (WLDS)
Company Research
Source: GlobeNewswire
No Immediate Effect on Nasdaq Listing or Trading of the Company’s Ordinary Shares YOKNEAM ILLIT, ISRAEL, April 24, 2024 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) (“Wearable Devices” or the “Company”), a technology growth company developing AI-powered touchless sensing wearables, today announced that it has received a notification letter from Nasdaq Stock Market LLC (“Nasdaq”) that the Company has been granted an additional 180-day compliance period, or until October 21, 2024, to regain compliance with Nasdaq’s minimum bid price rule. Nasdaq’s determination is based on the Company meeting the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on the Nasdaq Capital Market, with the exception of the bid price requirement, and the Company’s written notice of its intention to cure the deficiency during the second compliance period and if necessary, by effecting a reverse stock split.
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- Wearable Devices Expands its International IP Portfolio with Filed Patent Application for Neural Wrist Technology in South KoreaGlobeNewswire
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- Wearable Devices Announces First Half 2024 Financial ResultsGlobeNewswire
WLDS
Sec Filings
- 9/26/24 - Form 6-K
- 9/23/24 - Form POS
- 9/23/24 - Form POS
- WLDS's page on the SEC website