---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-025536"
form_type: "8-K"
ticker: "WRAP"
cik: "0001702924"
company_name: "WRAP TECHNOLOGIES, INC."
filed_at: "2025-08-26T23:59:59+00:00"
generated_at: "2026-05-17T09:57:55.288649+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Wrap Technologies creates Series B Preferred Stock convertible at $1.50/share, issues warrants

## Summary
- 4,500 shares of Series B Preferred with $1,000 stated value issued to accredited investors in private placement.
- Initial conversion price of $1.50 per share, convertible into up to 3,000,000 common shares.
- Accompanying warrants to purchase up to 3,000,000 common shares at $1.50 per share.
- Certificate of Designations filed with Delaware Secretary of State on August 20, 2025.
- Stockholder approval required for conversion and warrant exercise.

## SEC filing metadata
- accession: 0001641172-25-025536
- form_type: 8-K
- ticker: WRAP
- cik: 0001702924
- company_name: WRAP TECHNOLOGIES, INC.
- filed_at: 2025-08-26T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.03, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1702924/000164117225025536/0001641172-25-025536-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1702924/000164117225025536/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-025536
- JSON: https://secwatch.observer/filing/0001641172-25-025536.json
- Plain text: https://secwatch.observer/filing/0001641172-25-025536.txt

## Key facts
- Governance Changes
  WRAP TECHNOLOGIES, INC.: Filed Certificate of Designations for Series B Convertible Preferred Stock, creating a new series of preferred stock (effective 2025-08-20).
  - Change: charter amendment
  - Effective: 2025-08-20
  source text: On August 20, 2025, the Company filed the Certificate of Designations of Series B Preferred Stock with the Secretary of State of the State of Delaware (the “Series B Certificate of Designations”), thereby creating the Series B Preferred Stock. The Series B Certificate of Designations became effective with the Secretary of State of the State of Delaware upon filing.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1702924/000164117225025536/0001641172-25-025536-index.htm

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