{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-027679","form_type":"8-K","ticker":"WRAP","cik":"0001702924","company_name":"WRAP TECHNOLOGIES, INC.","filed_at":"2024-08-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.171459+00:00","generated_at":"2026-05-31T07:51:35.452032+00:00","sec_items":["1.01","3.03","5.03","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Wrap Technologies amends Series A Preferred terms to pay stock dividends; cash payment optional for July dividend","bullets":["Series A Preferred delinquent July 1, 2024 dividend can be paid at company's option in cash or stock at lower of $1.00 or Dividend Conversion Price per share.","October 1, 2024 dividend must be paid in stock at 80% of the average of the three lowest closing prices in September 2024.","Certificate of Designations amended to allow stock dividends to directors/officers/employees if shareholder-approved, and to modify mandatory conversion/reemption conditions.","Amended definition of Excluded Securities in the Purchase Agreement, expanding permissible issuances after certain conditions.","Delinquent dividends and any related Dividend Balance Shares to be delivered on October 1, 2024; Pre-Dividend Shares due 21 trading days prior."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-027679","json":"https://secwatch.observer/filing/0001437749-24-027679.json","markdown":"https://secwatch.observer/filing/0001437749-24-027679.md","text":"https://secwatch.observer/filing/0001437749-24-027679.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1702924/000143774924027679/0001437749-24-027679-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1702924/000143774924027679/wrap20240823_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T07:51:35.452032+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}