---
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"
generated_at: "2026-05-24T18:38:29.452877+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: leadership
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-007635
- JSON: https://secwatch.observer/filing/0001437749-25-007635.json
- Plain text: https://secwatch.observer/filing/0001437749-25-007635.txt

## Key facts
- Executive change
  Jared Novick was appointed as President and Chief Operating Officer at WRAP TECHNOLOGIES, INC..
  - Action: appointed
  - Role: President and Chief Operating Officer
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1702924/000143774925007635/0001437749-25-007635-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.