{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-007635","form_type":"8-K","ticker":"WRAP","cik":"0001702924","company_name":"WRAP TECHNOLOGIES, INC.","filed_at":"2025-03-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.499663+00:00","generated_at":"2026-05-24T18:38:29.452877+00:00","sec_items":["5.02","8.01","9.01"],"event_type":"leadership","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Wrap Technologies promotes Jared Novick to President & COO; affiliate invests $495K in stock and warrants","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-007635","json":"https://secwatch.observer/filing/0001437749-25-007635.json","markdown":"https://secwatch.observer/filing/0001437749-25-007635.md","text":"https://secwatch.observer/filing/0001437749-25-007635.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1702924/000143774925007635/0001437749-25-007635-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1702924/000143774925007635/wrap20250314_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T18:38:29.452877+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":[{"claim_id":"43f8b03a73","claim":"Jared Novick was appointed as President and Chief Operating Officer at WRAP TECHNOLOGIES, INC..","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1702924/000143774925007635/0001437749-25-007635-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President and Chief Operating Officer"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}