© Reuters. Wearable Devices Ltd. (WLDS) IPO Opens Higher, Halts on Volatility
Today’s IPO for Wearable Devices Ltd. (WLDS) opened for trading at $4.70 per share after pricing 3,750,000 common units at $4.25. Each unit consists of one ordinary share and two warrants to purchase one ordinary share each. Shares were halted for volatility shortly after opening.
Aegis Capital Corp. is acting as the sole book-running manager for the offering.
Wearable Devices Ltd. is a growth company developing a non-invasive neural input interface technology in the form of a wrist wearable band for controlling digital devices using subtle finger movements.
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