Armistice Capital Reduces Stake in Wearable Devices Ltd. to 8.0%

Armistice Capital, LLC and its managing member, Steven Boyd, filed a Schedule 13G/A on May 15, 2026, disclosing a reduced stake in Wearable Devices Ltd. (WLDS). As of the event date on March 31, 2026, the reporting persons beneficially own 230,752 ordinary shares, representing an 8.0% ownership stake. This reflects a significant decrease from their previously reported position of 619,818 shares, which accounted for a 9.99% stake in the company. The shares are held directly by the Armistice Capital Master Fund Ltd., a Cayman Islands exempted company for which Armistice Capital, LLC serves as the investment manager. Steven Boyd, as the managing member of Armistice Capital, shared voting and dispositive power over the reported securities. The filing indicates that the securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. The total value of the current holding is estimated at approximately $216,907 based on recent market data provided.