other material
confidence high
sentiment neutral
materiality 0.60
Wrap Technologies closes $12.0M registered direct offering of common stock
WRAP TECHNOLOGIES, INC.
- Closed offering of 8,571,609 shares (or pre-funded warrants) at $1.40 per share on August 18, 2026.
- Gross proceeds of approximately $12.0 million before placement agent fees and other expenses.
- Proceeds to fund working capital and general corporate purposes, including future business expansion.
- Maxim Group LLC acted as sole placement agent; offering under effective Form S-3 shelf registration.