{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-005110","form_type":"8-K","ticker":"WRAP","cik":"0001702924","company_name":"WRAP TECHNOLOGIES, INC.","filed_at":"2026-02-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.940928+00:00","generated_at":"2026-05-16T04:58:24.167823+00:00","sec_items":["1.01","3.02","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Wrap Technologies raises $5M in private placement to restart manufacturing, fund R&D","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-005110","json":"https://secwatch.observer/filing/0001493152-26-005110.json","markdown":"https://secwatch.observer/filing/0001493152-26-005110.md","text":"https://secwatch.observer/filing/0001493152-26-005110.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1702924/000149315226005110/0001493152-26-005110-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1702924/000149315226005110/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T04:58:24.167823+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":"95437d85c609e6997e15f18d5b612391e206f27f","claim":"WRAP TECHNOLOGIES, INC. entered into Purchase Agreement with certain accredited investors valued at approximately $5 million (effective 2026-02-02).","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1702924/000149315226005110/0001493152-26-005110-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"certain accredited investors"},{"label":"Value","value":"approximately $5 million"},{"label":"Effective","value":"2026-02-02"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}