Wearable Devices faces Haifa court injunction bid over private placement

• Wearable Devices faces a lawsuit in Haifa District Court’s Economic Department seeking to block its July 31 private placement.
• The court issued an interim ex parte order barring steps to advance the financing or change the capital structure pending a hearing.
• The private placement covers 1,000,000 ordinary shares or equivalents plus warrants for up to 1,000,000 ordinary shares.
• The company moved to vacate the order; the court refused immediate relief, moved the hearing to Aug. 12 from Aug. 16.
• Unless lifted or modified, the order prevents closing the private placement while the injunction request is litigated.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wearable Devices Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-085261), on August 04, 2026, and is solely responsible for the information contained therein.