secwatch.observer — SEC 8-K summary
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Issuer:     WRAP TECHNOLOGIES, INC. (WRAP)
CIK:        0001702924
Form:       8-K
Filed at:   2024-04-19T23:59:59+00:00
Accession:  0001437749-24-012588
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wrap Tech receives Nasdaq notice for late 10-K filing; delisting risk
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- Nasdaq notified Wrap on Apr 18, 2024 of non-compliance with Listing Rule 5250(c)(1) for not filing 2023 10-K.
- Company has 60 days to submit a compliance plan; Nasdaq may grant extension until Oct 14, 2024.
- No immediate impact on listing, but failure to regain compliance could lead to delisting.
- Wrap is evaluating options to regain compliance; no assurance of success.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1702924/000143774924012588/0001437749-24-012588-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1702924/000143774924012588/wrap20240419_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-012588

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer