Wrap Technologies prices $12M registered direct offering at $1.40/share

WRAP TECHNOLOGIES, INC.

Offering of 8,571,609 shares (or pre-funded warrants) at $1.40/share; gross proceeds ~$12.0M.
Proceeds for working capital and general corporate purposes, incl. future expansion; close expected Aug 18, 2026.
Maxim Group LLC sole placement agent; cash fee 7% of gross proceeds (3.5% for certain investors) plus $75K expenses.
Pre-funded warrants have $0.0001 exercise price; beneficial ownership cap 4.99% (or 9.99% at holder election).
Offered under effective Form S-3 shelf (File 333-291707) declared effective Dec 18, 2025.

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