Wrap Technologies promotes Jared Novick to President & COO; affiliate invests $495K in stock and warrants

WRAP TECHNOLOGIES, INC.

Jared Novick appointed President and Chief Operating Officer, effective March 10, 2025; no additional compensation.
Novick's affiliate purchased 275,000 shares and warrants at $1.80, totaling $495,000 in a private placement.
Company plans to pursue federal contracts and consolidate public safety tech, citing U.S. efficiency initiatives.
Wrap recently acquired W1 Global LLC and relocated manufacturing to Virginia to support government expansion.
Novick has background in defense, intelligence, and cybersecurity; led startups in federal contracting.

item 5.02 item 8.01 item 9.01

Executive movements

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Role change

Jared Novick

President and Chief Operating Officer

WRAP · WRAP TECHNOLOGIES, INC.

Effective: 2025-03-10
Filed: March 14, 2025, 7:59 PM ET

On March 10, 2025, the board of directors of Wrap Technologies, Inc. (the “Company”) appointed Jared Novick, who serves as the Company’s Chief Operating Officer, to the position of President and Chief Operating Officer, effective immediately.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Jared Novick was appointed as President and Chief Operating Officer at WRAP TECHNOLOGIES, INC..

Action: appointed
Role: President and Chief Operating Officer

Exact text from the filing

On March 10, 2025, the board of directors of Wrap Technologies, Inc. (the “Company”) appointed Jared Novick, who serves as the Company’s Chief Operating Officer, to the position of President and Chief Operating Officer, effective immediately.

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Source: SEC EDGAR

accession 0001437749-25-007635

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