SCHEDULE 13G/A: Guy Wagner Amends Beneficial Ownership in Wearable Devices Ltd. to 2.9%
Beneficial Ownership Report
Guy Wagner has filed an amended Schedule 13G, disclosing a 2.9% beneficial ownership stake in Wearable Devices Ltd. as of December 31, 2024.
Summary
- Guy Wagner beneficially owns 99,916 Ordinary Shares of Wearable Devices Ltd. as of December 31, 2024.
- This ownership represents 2.9% of the company's Ordinary Shares outstanding.
- The total outstanding Ordinary Shares were 3,486,854 as of January 30, 2025, as reported by the Issuer.
- The beneficially owned shares include 750 options exercisable within 60 days of December 31, 2024, with expiration dates in August 2033.
- The ownership also includes 9,166 restricted share units (RSUs) that vest within 60 days of December 31, 2024, with expiration dates in December 2034.
- The reported amounts reflect the impact of a reverse stock split that occurred in October 2024.
- Guy Wagner holds sole voting power and sole dispositive power over all 99,916 beneficially owned shares.
Sentiment
Score: 5
Explanation: The document is a factual, routine regulatory filing (Schedule 13G/A) detailing beneficial ownership. It contains no forward-looking statements, financial performance data, or strategic updates that would typically influence sentiment. Therefore, it is neutral.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of beneficial ownership by an individual, Guy Wagner, in Wearable Devices Ltd. It does not provide broader industry context or trends, but rather details a specific individual's stake in the company.
Stakeholder Impact
- Shareholders: Provides transparency regarding the beneficial ownership stake of Guy Wagner, a significant individual holder, which can be relevant for understanding ownership structure.
Key Dates
| Date | Description |
|---|---|
| October 2024 | Reverse stock split took place. |
| 12/31/2024 | Date of event which requires filing of this statement (beneficial ownership snapshot). |
| 01/30/2025 | Date as of which 3,486,854 Ordinary Shares were outstanding, as reported by the Issuer on its Rule 424(b)(4) Prospectus to the Form F-1. |
| 02/13/2025 | Date of signature for the Schedule 13G/A filing. |
Keywords
Wearable Devices Ltd., Guy Wagner, Beneficial Ownership, Schedule 13G, SEC Filing, Ordinary Shares, Stock Ownership, Equity Stake, M97838128
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