Wrap Technologies amends warrants to alter Black-Scholes Value definition, extend terms

WRAP TECHNOLOGIES, INC.

Series A Warrants term extended from 5 years to 6.5 years from issuance date.
February 2025 Warrants term extended from 5 years to 5.5 years from issuance date.
Black-Scholes Value definition updated to include non-cash consideration in Fundamental Transactions.
Amendments approved by required holders; no new securities issued or cash raised.
The adjustments affect warrant valuation in change-of-control scenarios.

item 1.01item 9.01

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