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    SEC Form 6-K filed by Wearable Devices Ltd.

    3/6/26 4:10:07 PM ET
    $WLDS
    Computer Communications Equipment
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    6-K 1 ea0280233-6k_wearable.htm REPORT OF FOREIGN PRIVATE ISSUER

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

    Form 6-K

     

    Report of Foreign Private Issuer

    Pursuant to Rule 13a-16 or 15d-16

    under the Securities Exchange Act of 1934

     

    For the month of March 2026 (Report No. 2)

     

    Commission file number: 001-41502

     

    WEARABLE DEVICES Ltd.

    (Translation of registrant’s name into English)

     

    5 Ha-Tnufa Street

    Yokne-am Illit, Israel 2066736

    (Address of principal executive offices)

     

    Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

     

    Form 20-F ☒      Form 40-F ☐

     

     

     

     

    CONTENTS

     

    Reverse Share Split

     

    On March 6, 2026, Wearable Devices Ltd. (the “Company”) announced that it will effect a reverse share split (the “Reverse Share Split”) of the Company’s ordinary shares, no par value per share, (the “Ordinary Shares”) and the Company’s tradable warrants, each exercisable for one Ordinary Share (the “Warrants”), at the ratio of 1-for-3. As a result of the Reverse Share Split, every three (3) Ordinary Shares shall be consolidated into one (1) Ordinary Share and every three (3) Warrants shall be consolidated into one (1) Warrant. In addition, the exercise price underlying each Warrant shall be proportionately adjusted. The Ordinary Shares and Warrants will continue to trade on the Nasdaq Capital Market under the existing symbols “WLDS” and “WLDSW”, respectively, and will begin trading on a split-adjusted basis when the market opens on March 11, 2026. The new CUSIP numbers for the Ordinary Shares and Warrants following the Reverse Share Split will be M97838300 and M97838193, respectively.

     

    The Reverse Share Split was approved by the Company’s shareholders at the Company’s Special General Meeting of Shareholders held on February 19, 2026, to be effected at the board of directors’ discretion within approved parameters, and the board of directors has approved the 1-for-3 ratio. The Reverse Share Split will not result in an adjustment to the authorized share capital of the Company under the Company’s amended and restated articles of association, as currently in effect (the “Articles”), which, as of the date hereof consists of 500,000,000 Ordinary Shares.

     

    The Reverse Share Split will adjust the number of issued and outstanding Ordinary Shares of the Company from 10,593,27 Ordinary Shares to approximately 3,531,076 Ordinary Shares and the number of Warrants from 98,589 Warrants to approximately 32,863 Warrants (subject to any further adjustments based on the treatment of fractional shares). In accordance with the Company’s Articles, no fractional Ordinary Shares or Warrants will be issued as a result of the Reverse Share Split and all fractional Ordinary Shares or Warrants shall be rounded to the nearest whole Ordinary Share or Warrant, as applicable, such that only shareholders holding fractional consolidated Ordinary Shares or Warrants of more than half of the number of Ordinary Shares or Warrants which consolidation constitutes one whole Ordinary Share or Warrant, shall be entitled to receive one consolidated Ordinary Share or Warrant, as applicable. Proportional adjustments also will be made to Ordinary Shares underlying outstanding options and warrants, including the Warrants, (with a reciprocal increase in the per share exercise price), restricted shares, restricted share units, and to the number of Ordinary Shares issued and issuable under the Company’s share incentive plans and certain existing agreements.

     

    On March 6, 2026, the Company issued a press release titled “Wearable Devices Ltd. Announces 1-for-3 Reverse Stock Split,” a copy of which is furnished as Exhibit 99.1 to this Report of Foreign Private Issuer on Form 6-K (this “Report”).

     

    This Report is incorporated by reference into the registration statements on Form S-8 (File Nos. 333-291857, 333-290148, 333-284010, 333-269869, and 333-274343) and on Form F-3 (File No. 333-274841 and 333-291100) of the Company, filed with the Securities and Exchange Commission, to be a part thereof from the date on which this report is submitted, to the extent not superseded by documents or reports subsequently filed or furnished.

     

    1

     

    EXHIBIT INDEX

     

    Exhibit No.    
    99.1   Press Release issued by Wearable Devices Ltd., dated March 6, 2026, titled “Wearable Devices Ltd. Announces 1-for-3 Reverse Stock Split.”

     

    2

     

    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: March 6, 2026 By: /s/ Asher Dahan
        Asher Dahan
        Chief Executive Officer

     

    3

     

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