8-K
filed February 4, 2026, 6:59 PM ET
ticker WRAP
CIK 0001702924
other material
confidence high
sentiment positive
materiality 0.70
Wrap Technologies raises $5M in private placement to restart manufacturing, fund R&D
WRAP TECHNOLOGIES, INC.
- Sold 1.7M shares and 800K pre-funded warrants at $2.00, with 2.5M warrants at $2.30, gross proceeds ~$5M.
- Company agreed to file registration statement within 60 days for resale of shares and warrant shares.
- Funds to restart domestic manufacturing, rehire key personnel, advance next-gen multi-shot and drone systems.
- CEO states capital allows acceleration of growth, manufacturing excellence, and training expansion.
- Private placement closed Feb 3, 2026; securities exempt from registration under Reg D.
Key facts
Extracted from this filing and checked against the source text.
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
WRAP TECHNOLOGIES, INC. issued 1,700,000 shares of common stock to accredited investors for $2.00 per share.
- Security
- common stock
- Shares
- 1,700,000 shares
- Purchaser
- accredited investors
- Consideration
- $2.00 per share
Exact text from the filing
On February 2, 2026, Wrap Technologies, Inc. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with certain accredited investors (collectively, the “Purchasers”) for the issuance and sale in a private placement (the “Private Placement”) of (i) an aggregate of 1,700,000 shares (the “Common Shares”) of common stock of the Company, par value $0.0001 per share (the “Common Stock”), (ii) pre-funded warrants to purchase up to 800,000 shares of Common Stock (the “Pre-Funded Warrants”), with an exercise price of $0.0001 per share, and (iii) common warrants to purchase up to 2,500,000 shares of Common Stock (the “Common Warrants”, together with the Pre-Funded Warrants, the “Warrants”), with an exercise price of $2.30 per share.
View on SEC.gov
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
WRAP TECHNOLOGIES, INC. issued 2,500,000 shares of Common Stock of warrant to accredited investors for $2.00 per Common Share and accompanying Common Warrant.
- Security
- warrant
- Shares
- 2,500,000 shares of Common Stock
- Purchaser
- accredited investors
- Consideration
- $2.00 per Common Share and accompanying Common Warrant
Exact text from the filing
On February 2, 2026, Wrap Technologies, Inc. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with certain accredited investors (collectively, the “Purchasers”) for the issuance and sale in a private placement (the “Private Placement”) of (i) an aggregate of 1,700,000 shares (the “Common Shares”) of common stock of the Company, par value $0.0001 per share (the “Common Stock”), (ii) pre-funded warrants to purchase up to 800,000 shares of Common Stock (the “Pre-Funded Warrants”), with an exercise price of $0.0001 per share, and (iii) common warrants to purchase up to 2,500,000 shares of Common Stock (the “Common Warrants”, together with the Pre-Funded Warrants, the “Warrants”), with an exercise price of $2.30 per share.
View on SEC.gov
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
WRAP TECHNOLOGIES, INC. issued 800,000 shares of Common Stock of warrant to accredited investors for $1.9999 per Pre-Funded Warrant and accompanying Common Warrant.
- Security
- warrant
- Shares
- 800,000 shares of Common Stock
- Purchaser
- accredited investors
- Consideration
- $1.9999 per Pre-Funded Warrant and accompanying Common Warrant
Exact text from the filing
On February 2, 2026, Wrap Technologies, Inc. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with certain accredited investors (collectively, the “Purchasers”) for the issuance and sale in a private placement (the “Private Placement”) of (i) an aggregate of 1,700,000 shares (the “Common Shares”) of common stock of the Company, par value $0.0001 per share (the “Common Stock”), (ii) pre-funded warrants to purchase up to 800,000 shares of Common Stock (the “Pre-Funded Warrants”), with an exercise price of $0.0001 per share, and (iii) common warrants to purchase up to 2,500,000 shares of Common Stock (the “Common Warrants”, together with the Pre-Funded Warrants, the “Warrants”), with an exercise price of $2.30 per share.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
WRAP TECHNOLOGIES, INC. entered into Purchase Agreement with certain accredited investors valued at approximately $5 million (effective 2026-02-02).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- certain accredited investors
- Value
- approximately $5 million
- Effective
- 2026-02-02
Exact text from the filing
On February 2, 2026, Wrap Technologies, Inc. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with certain accredited investors (collectively, the “Purchasers”) for the issuance and sale in a private placement (the “Private Placement”) of (i) an aggregate of 1,700,000 shares (the “Common Shares”) of common stock of the Company, par value $0.0001 per share (the “Common Stock”), (ii) pre-funded warrants to purchase up to 800,000 shares of Common Stock (the “Pre-Funded Warrants”), with an exercise price of $0.0001 per share, and (iii) common warrants to purchase up to 2,500,000 shares of Common Stock (the “Common Warrants”, together with the Pre-Funded Warrants, the “Warrants”), with an exercise price of $2.30 per share.
View on SEC.gov
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