---
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"
generated_at: "2026-05-16T04:58:24.167823+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Wrap Technologies raises $5M in private placement to restart manufacturing, fund R&D

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-005110
- JSON: https://secwatch.observer/filing/0001493152-26-005110.json
- Plain text: https://secwatch.observer/filing/0001493152-26-005110.txt

## Key facts
- Material Agreements
  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
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1702924/000149315226005110/0001493152-26-005110-index.htm

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