secwatch.observer — SEC 8-K summary
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Issuer:     WRAP TECHNOLOGIES, INC. (WRAP)
CIK:        0001702924
Form:       8-K
Filed at:   2025-12-17T23:59:59+00:00
Accession:  0001493152-25-028133
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03, 5.03, 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wrap Technologies shareholders approve charter amendment, reverse split, and equity plan increase
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- Approved increase in authorized common shares from 150M to 200M.
- Approved reverse stock split of outstanding shares at ratio of 1-for-2 to 1-for-10, at Board's discretion.
- Approved amendment to 2017 equity plan, increasing shares available by 4M to total 20.5M.
- Approved issuance of shares underlying Series B Convertible Preferred and warrants from Aug 2025 private placement.
- All six director nominees elected; HTL International ratified as independent auditor for FY 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1702924/000149315225028133/0001493152-25-028133-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1702924/000149315225028133/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-028133

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