Wearable Devices Secures $1.85 Million in New Funding

Wearable Devices Ltd. (WLDS) has released an update.

Wearable Devices Ltd., a leader in AI-based gesture control technology, has successfully completed a $1.85 million registered direct offering and a concurrent private placement. The funds, facilitated by A.G.P./Alliance Global Partners, are earmarked for general corporate purposes and working capital. This financial move is expected to bolster the company’s innovative efforts in the rapidly expanding tech industry.

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