# EDGAR Filing Document

**Accession Number:** 0001887673
**File Stem:** 0001213900-23-009546
**Filing Date:** 2023-2
**Character Count:** 5869
**Document Hash:** 3ed9c8ac3fa67ed2cbd8f1ecc43a790e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-23-009546.hdr.sgml**: 20230209

**ACCESSION NUMBER**: 0001213900-23-009546

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 4

**CONFORMED PERIOD OF REPORT**: 20230209

**FILED AS OF DATE**: 20230209

**DATE AS OF CHANGE**: 20230209

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Wearable Devices Ltd.
- **CENTRAL INDEX KEY:** 0001887673
- **STANDARD INDUSTRIAL CLASSIFICATION:** COMPUTER COMMUNICATIONS EQUIPMENT [3576]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** L3
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41502
- **FILM NUMBER:** 23601132

**BUSINESS ADDRESS:**
- **STREET 1:** 2 HA-TA'ASIYA ST.
- **CITY:** YOKNEAM ILLIT
- **STATE:** L3
- **ZIP:** 2069803
- **BUSINESS PHONE:** 0097246185670

**MAIL ADDRESS:**
- **STREET 1:** 2 HA-TA'ASIYA ST.
- **CITY:** YOKNEAM ILLIT
- **STATE:** L3
- **ZIP:** 2069803

**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 February 2023

Commission file number: 001-41502

**<u>WEARABLE DEVICES Ltd.</u>**

(Translation of registrant's name into English)

**2 Ha-Ta'asiya Street**

**<u>Yokne-am Illit, Israel 2069803</u>**

(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 ☐

**<u>CONTENTS</u>**

On February 9, 2023, Wearable Devices Ltd. issued a press release titled "Wearable Devices Receives Approval for $900,000 Grant Budget for Developing a Manufacturing Process of its AI-based Neural Input Products," a copy of which is furnished as Exhibit 99.1 with this report of foreign private issuer on Form 6-K.

**EXHIBIT INDEX**

---

| | |
|:---|:---|
| **Exhibit No.** |  |
| 99.1 | [Press release issued by Wearable Devices Ltd. dated February 9, 2023, titled "Wearable Devices Receives Approval for $900,000 Grant Budget for Developing a Manufacturing Process of its AI-based Neural Input Products."](ea173069ex99-1_wearable.htm) |

---

**<u>SIGNATURES</u>**

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.** | **Wearable Devices Ltd.** |
| Date: February 9, 2023 | By: | /s/ Asher Dahan |
|  |  | Asher Dahan |
|  |  | Chief Executive Officer |

---

## Exhibit 99.1

**Exhibit 99.1**

![](ex99-1_001.jpg)

**Wearable Devices Receives Approval for $900,000 Grant Budget for Developing a Manufacturing Process of its AI-based Neural Input Products**

*The non- dilutive grant for the program was given by the Israel Innovation Authority*

YOKNEAM ILLIT, ISRAEL, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) ("Wearable Devices" or the "Company"), a growth company developing a wrist-worn neural interface technology for B2B and B2C customers, today announced it has received a grant approval from the Israel Innovation Authority ("IIA") in the amount of $900,000 (NIS 3.1 million) to finance further development of the Company's manufacturing process of its flagship wearable neural interface, the Mudra Band.

This is the fourth grant Wearable Devices has received from the IIA, and it is the first time to receive a grant from the IIA New Product Manufacturing program. The Company previously received three research and development grants for the development of hardware and software for the Company's Mudra technology. The IIA will finance 60% of the approved grant.

"This grant facilitates our efforts to establish the manufacturing infrastructure capability of the Mudra Band, our flagship consumer product, and additional wrist-worn neural interfaces. While we will work with manufacturing partners to scale production, the sophisticated and crucial technology and elements of the manufacturing process will be handled internally. This grant will help us further establish certain advanced manufacturing capabilities in Israel to assure the highest quality, efficiency and reliability by reducing logistical barriers and maintaining a competitive advantage," stated Asher Dahan, Chief Executive Officer and Co-Founder of Wearable Devices. We are honored by the continued validation of the Israel Innovation Authority for our unique AI-based wearable technology."

**About Wearable Devices Ltd.**

Wearable Devices Ltd. (the "Company"), a growth company developing a non-invasive neural input interface technology in the form of a wrist wearable band for controlling digital devices using subtle finger movements. Our company's vision is to create a world in which the user's hand becomes a universal input device for touchlessly interacting with technology, and we believe that our technology is setting the standard input interface for the Metaverse. Since our technology was introduced to the market, we have been working with both Business-to-Business and Business-to-Consumer customers as part of our push-pull strategy. Combining our own proprietary sensors and Artificial Intelligence, or AI, algorithms into a stylish wristband, our Mudra platform enables users to control digital devices through subtle finger movements and hand gestures, without physical touch or contact. For more information, visit https://www.wearabledevices.co.il/.

![](ex99-1_002.jpg)

![](ex99-1_001.jpg)

**Forward-Looking Statement Disclaimer**

**Investor Relations Contact**

John Nesbett/Jennifer Belodeau<br> IMS Investor Relations<br> 203.972.9200<br> wearabledevices@imsinvestorrelations.com

![](ex99-1_002.jpg)