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24.8% shareholder group demands special meeting to remove four of five directors
WLDSWearable Devices Ltd.
On July 27, 2026, J.B.D Innovation Ltd. and Victor Tshuva & Co. - Law Offices, holding approximately 24.8% of voting rights, demanded a special general meeting of shareholders to propose amendments to the articles of association and the removal of four of the five current directors. The demand also requests that the company refrain from certain financing and strategic transactions pending the meeting. Wearable Devices Ltd. is an Israeli company that develops wearable technology products.