Highest-materiality recent filing
Wrap Technologies Q1 2026 revenue $1.1M (+45% YoY); Books $3.2M in orders; wins DHS contract
Revenue $1.1M, up 45% YoY from $0.8M; product sales surged 186% to $0.9M.
Wrap Tech Q4 revenue up 62%, targets 100% growth in 2026
Q4 gross revenue $1.4M (+62% YoY); product sales doubled to $1.2M; net loss improved 48% to $(3.9)M.
Wrap Technologies raises $5M in private placement to restart manufacturing, fund R&D
Sold 1.7M shares and 800K pre-funded warrants at $2.00, with 2.5M warrants at $2.30, gross proceeds ~$5M.
Wrap Technologies shareholders approve charter amendment, reverse split, and equity plan increase
Approved increase in authorized common shares from 150M to 200M.
Wrap Technologies Q3 gross revenue $2.0M (+241% YoY); operating loss narrows 24% to $2.8M
Gross revenue $2.0M, up 241% from $0.6M in Q3 2024; net revenue $1.5M, up 151%.
Wrap Technologies creates Series B Preferred Stock convertible at $1.50/share, issues warrants
4,500 shares of Series B Preferred with $1,000 stated value issued to accredited investors in private placement.
Wrap Technologies raises $4.5M via Series B preferred and warrants for counter-drone tech
Gross proceeds of $4.5M from sale of 4,500 Series B preferred shares ($1,000 stated value) and warrants to buy 3M shares at $1.50.
Jared Novick appointed President and Chief Operating Officer, effective March 10, 2025; no additional compensation.
Wrap Technologies raises $5.8M in private placement; insiders lead investment
Sold 3,216,666 shares at $1.80/share with warrants for equal shares at $1.80, expiring 5 years.
Acquired substantially all assets of W1 Global for nominal $100 purchase price; deal closed Feb 18, 2025.
Wrap Tech amends Series A Preferred to accrue 20% dividend on trigger; issues 856K shares
Wrap amended Series A Preferred terms on Nov 25, 2024 with required holders including Iroquois Master Fund.
Wrap Technologies reports Q3 revenue $593K; operating expenses down 22% YoY
Operating expenses reduced 22% YoY to $3.9M from $4.9M; net cash used in operations improved by $6.0M YTD to $6.9M.
Wrap Technologies regains Nasdaq listing compliance after filing delinquent reports
Nasdaq confirmed compliance with Listing Rule 5250(c)(1) as of Oct 15, 2024; matter closed.
Series A Preferred delinquent July 1, 2024 dividend can be paid at company's option in cash or stock at lower of $1.00 or Dividend Conversion Price per share.
Nasdaq notified Wrap on Aug 16, 2024 of non-compliance for failing to file Q2 10-Q (semi-annual report).
Wrap Technologies receives second Nasdaq delisting notice for delinquent filings
Nasdaq notified Wrap Technologies of non-compliance for failing to timely file Q1 2024 Form 10-Q, adding to outstanding 2023 Form 10-K delinquency.
On March 10, 2025, the board of directors of Wrap Technologies, Inc. (the “Company”) appointed Jared Novick, who serves as the Company’s Chief Operating Officer, to the position of President and Chief Operating Officer, effective immediately.
On May 28, 2024, Kevin Mullins, who served as a member of the board of directors (the “Board”) of Wrap Technologies, Inc. (the “Company”), tendered his resignation from his role as director of the Company, effective as of May 28, 2024.
Effective June 1, 2024, Mr. Mullins is expected to serve as a consultant for the Company (“Global Ambassador”).
On May 7, 2024, Kevin Mullins notified Wrap Technologies, Inc. (the “Company”) of his intention to resign from his position as President of the Company, effective May 23, 2024.
Max materiality 0.80 · Median 0.60 · Most common event other_material