Wearable Devices shares surge 14.74% premarket after appointing Kobbi Nir as independent director with audit and compensation committee roles.

Wearable Devices surged 14.74% in premarket trading following the announcement that Kobbi Nir, a seasoned executive with expertise in finance and technology, was appointed as an independent Class II director. The board highlighted Nir’s experience at Moodify Ltd., Scope Technology, and his academic credentials, emphasizing his qualifications under Nasdaq rules. This strategic leadership change is likely viewed as a positive signal of governance and operational strength, potentially boosting investor confidence in the company’s future direction. While prior news about partnerships and product developments (e.g., AI and AR collaborations, financing rounds) had previously supported the stock, the recent director appointment appears to be the immediate catalyst for the sharp premarket rally.