secwatch.observer — SEC 8-K summary
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Issuer:     WRAP TECHNOLOGIES, INC. (WRAP)
CIK:        0001702924
Form:       8-K
Filed at:   2026-02-04T23:59:59+00:00
Accession:  0001493152-26-005110
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1702924/000149315226005110/0001493152-26-005110-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1702924/000149315226005110/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-005110

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer