SCHEDULE 13G/A: Asher Dahan Discloses 2.2% Stake in Wearable Devices Ltd. Following Reverse Stock Split

Asher Dahan has filed an amended Schedule 13G, disclosing a 2.2% beneficial ownership stake in Wearable Devices Ltd., including options and restricted share units, following a reverse stock split in October 2024.

Summary

• Asher Dahan beneficially owns 77,416 Ordinary Shares of Wearable Devices Ltd. as of December 31, 2024.
• This ownership represents 2.2% of the company's total outstanding Ordinary Shares.
• The reported beneficial ownership includes 750 options to purchase Ordinary Shares exercisable within 60 days of December 31, 2024, with expiration dates in August 2033.
• It also includes 9,166 restricted share units that vest within 60 days of December 31, 2024, with expiration dates in December 2034.
• The amounts disclosed in this Schedule 13G/A are presented after giving effect to a reverse stock split that took place in October 2024.
• The total outstanding Ordinary Shares of Wearable Devices Ltd. were 3,486,854 as of January 30, 2025, as reported by the Issuer.

Sentiment

Score: 5

Explanation: The document is a routine beneficial ownership filing (Schedule 13G/A) and provides factual information about a shareholder's stake, including options and RSUs, and notes a prior reverse stock split. It does not contain forward-looking statements, financial performance data, or strategic updates that would typically influence sentiment positively or negatively.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• The filing provides transparency regarding the ownership structure of Wearable Devices Ltd., which is beneficial for shareholders and potential investors to understand significant individual holdings.

Key Dates

Keywords

Wearable Devices Ltd., Asher Dahan, Schedule 13G, Beneficial Ownership, Ordinary Shares, Reverse Stock Split, SEC Filing, M97838128, Options, Restricted Share Units