Activist 24.82% stake disclosure and board overhaul demand surges WLDS
Activist 24.82% stake disclosure and board overhaul demand surges WLDS 49%
- J.B.D Innovation Ltd. and Victor Tshuva & Co. filed Schedule 13D revealing 24.82% ownership (~543k shares post 1-for-3 RS).
- Investors sent July 27 demand letter for special meeting to amend director rules, remove incumbents, elect 4 nominees, and approve pay/indemnification.
- Activist push in ~$10M mcap low-float (~2.2M shares) AI/neural interface stock triggered massive volume, multiple halts, and ~49-60% spike from $3.53.
- Builds on June 23 white paper positioning Mudra wrist neural tech as "intent layer" for agentic AI, AR, robotics via Large MUAP Model.
- Prior warrant inducement (~$5.7M) and AWE 2026 presentations added to speculative retail/momentum interest in thin-float name.
- Kalkine/Benzinga noted renewed AI story attention without fresh PR; 13D provided the timely verifiable catalyst on July 27.
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