Welcome to our dedicated page for WRAP TECHNOLOGIES SEC filings (Ticker: WRAP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Wrap Technologies, Inc. filings document the public safety technology company's operating results, capital structure, governance actions and material corporate events. Recent Form 8-K reports include earnings releases, private placements of common stock, pre-funded warrants and common warrants, and preferred-stock designations that affect shareholder rights and potential dilution.
Proxy and governance filings cover annual meeting matters, equity compensation plan amendments, authorized-share increases, bylaw amendments, director and officer matters, and stockholder voting standards. These disclosures provide the formal record for WRAP's financing activity, executive and board-related changes, charter and bylaw provisions, and recurring financial reporting as a Nasdaq-listed operating company.
Reporting person: Rajiv Srinivasan, a director of Wrap Technologies, Inc. (WRAP), reported a grant of 13,940 restricted stock units (RSUs) on 10/01/2025. The filing shows 9,061 RSUs vested on the grant date and the remaining RSUs vest ratably in eight monthly tranches, creating a near-term vesting schedule. After the grant, the reporting person beneficially owns 129,051 common shares, held directly. The Form 4 was signed on 10/07/2025.
WRAP Technologies, Inc. Form 144 notice shows a proposed sale of 794,455 shares of common stock through Charles Schwab with an aggregate market value of $1,859,024.70. The filing reports the shares were acquired in two transactions: 333,334 shares purchased on 10/30/2018 and 461,121 shares from warrant exercise on 06/01/2020, both paid in cash. The filer previously sold 15,000 shares on 07/10/2025 for $22,498.00. The filing includes the required representation that the seller is not aware of undisclosed material adverse information about the issuer.
Jared Novick, President and COO of Wrap Technologies, Inc. (WRAP) and a director and >10% owner, reported a sale of common stock on 08/29/2025 to satisfy tax liabilities from the vesting and settlement of restricted stock units. The filing shows 96,988 shares sold with an average sale price of $1.306, with transaction prices ranging from $1.261 to $1.351. After the reported sale, the filing states Mr. Novick beneficially owns 153,012 shares directly. The Form 4 is signed by Mr. Novick on 09/03/2025.
Scot Cohen, Executive Chairman and CEO of Wrap Technologies, Inc. (WRAP), reported a sale of common stock on 08/29/2025 to satisfy tax liabilities arising from the vesting and settlement of restricted stock units. The filing shows 96,989 shares sold at an average price of $1.306, with sale prices ranging from $1.261 to $1.351. After the transactions, the reporting person beneficially owned 6,275,356 shares (directly).
The disclosure identifies Cohen as a director, officer and >10% owner and states the sale was executed to cover tax obligations related to RSU vesting. The filer offers to provide transaction-level price breakdowns on request.
Wrap Technologies insider purchase by Executive Chairman and CEO. The filing shows Scot Cohen, Executive Chairman and CEO and 10% owner, directly or indirectly acquired warrants and Series B convertible preferred stock on 08/18/2025 in a private placement under a Securities Purchase Agreement. The Warrants cover 666,667 shares of common stock with an initial exercise price of $1.50 and adjust if lower-priced issuances occur; exercise is conditioned on shareholder approval and the warrants expire five years after that approval. The Preferred Stock converts at $1.50 per share, conversion also conditioned on shareholder approval.
Wrap Technologies, Inc. reported that it has formally created a new class of preferred stock called Series B Convertible Preferred Stock by filing a Certificate of Designations with the Delaware Secretary of State, which became effective upon filing.
This filing implements terms previously agreed with accredited investors in a private placement, where the Company agreed to sell 4,500 shares of Series B Preferred Stock with a stated value of $1,000 per share, initially convertible into up to 3,000,000 shares of common stock at $1.50 per share, together with accompanying warrants to purchase up to 3,000,000 shares of common stock at an initial exercise price of $1.50 per share, in each case subject to requisite stockholder approval.
The creation of the Series B Preferred Stock represents a material modification to the rights of existing security holders, and the full terms are set out in the Certificate of Designations filed as an exhibit.
Wrap Technologies, Inc. entered into a securities purchase agreement for a private placement of new preferred stock and warrants. The company will sell 4,500 shares of Series B Convertible Preferred Stock, each with a stated value of $1,000 and initially convertible into up to a total of 3,000,000 common shares at $1.50 per share. Investors will also receive warrants to purchase up to 3,000,000 common shares at an initial exercise price of $1.50 per share.
The gross proceeds to Wrap Technologies are expected to be approximately $4.5 million before expenses, to be used for general corporate purposes and working capital. Conversion of the preferred stock and exercise of the warrants will begin only after stockholder approval under Nasdaq Rule 5635(d) and an increase in authorized shares. The warrants will have a five-year term from the effective date of that stockholder approval, and are subject to 4.99% (or 9.99% at the holder’s election) beneficial ownership limits. The company also agreed to register the resale of the common shares and warrant shares within specified timelines.
Wrap Technologies, Inc. reported mixed interim results showing product and service revenue declines and continued operating losses while maintaining capital raises and complex equity instruments. Total revenues for the three months ended June 30, 2025 were $1,012 thousand, down from $1,573 thousand a year earlier (a 36% decrease). For the six months the Company recorded $1,778 thousand versus $3,049 thousand a year earlier (a 42% decrease). Selling, general and administrative expenses fell to $2,986 thousand for the quarter from $3,475 thousand last year, a 14% reduction, and to $7,128 thousand for six months from $7,695 thousand, a 7% decline, showing expense control despite lower sales. The company recorded a net loss of $(3,618) thousand for the period presented. Wrap sells the BolaWrap remote restraint device and provides VR training and body-worn camera/digital evidence solutions through subsidiaries. Capital activity includes a Series A financing and a PIPE raising aggregate gross proceeds (Series A offering $10,000 allocated between preferred and warrants; PIPE gross proceeds $5,790 with $5,185 allocated to PIPE warrants). The Company disclosed concentrated customer exposure (three customers ~65% of revenue) and continuing warrant, preferred stock and lease obligations that affect liquidity and equity dilution.