Highest-materiality recent filing
Purchased 74,918 Series A Preferred Shares of Frenel for $2M ($300k previously paid).
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.
Wrap Tech receives Nasdaq notice for late 10-K filing; delisting risk
Nasdaq notified Wrap on Apr 18, 2024 of non-compliance with Listing Rule 5250(c)(1) for not filing 2023 10-K.
Wrap Technologies delays FY23 10-K filing; reports preliminary revenue of ~$6.1M
Form 10-K for FY2023 delayed beyond April 16 extended due date; additional time needed to compile disclosures.
Wrap Technologies appoints co-founder Scot Cohen as CEO; Kevin Mullins becomes President
Scot Cohen, previously Executive Chairman and PEO, appointed CEO effective Jan 14, 2024.
CFO Chris DeAlmeida terminated without cause; severance of $137,500
CFO Chris DeAlmeida's employment terminated without cause effective January 5, 2024.
Wrap Technologies announces its largest ever BolaWrap order, valued at $4.9M
$4.9 million BolaWrap order received in Q4 2023, largest in company history.
Wrap Tech Q3 2023 revenue up 114% to $3.63M, record quarterly revenue
Net revenue $3.63M vs $1.70M YoY; gross profit up 139% to $2.18M (60% margin).
Wrap Technologies names Scot Cohen Executive Chairman, adds two new directors
Scot Cohen appointed Executive Chairman, effective Oct 12, 2023; annual base salary $200,000.
Wrap Technologies acquires Intrensic, LLC for $500K cash and 1.25M shares
Purchase price: $500K cash (subject to working capital adjustments) and 1.25M shares of WRAP common stock.
Acquires Intrensic (body-worn camera and digital evidence management) for $500K cash + 1.25M WRAP shares; expected close in days.
Wrap Technologies closes $10M convertible preferred offering with warrants at $1.45 conversion
Gross proceeds of $10M from sale of Series A convertible preferred stock and warrants.
Wrap Reality VR training sales in H1 2023 exceed full-year 2022 total
Wrap Reality YTD 2023 sales surpassed total 2022 sales; no dollar amount disclosed.
Wrap Technologies raises $10M via convertible preferred stock and warrants
Gross proceeds of $10M from sale of 10,000 Series A Convertible Preferred shares (stated value $1,000) and warrants for 6,896,553 common shares.
Kevin Mullins appointed CEO of Wrap Technologies; outlines no-harm public safety roadmap
Kevin Mullins appointed CEO (effective April 2023), now unveiling strategic vision for public safety.
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.
On April 5, 2024, the Board of Directors (the “Board”) of Wrap Technologies, Inc. (the “Company”) appointed Scot Cohen (“Mr. Cohen”), who serves as the Company’s Executive Chairman and Chief Executive Officer, and as its Principal Executive Officer, to the position of Interim Principal Financial Officer and Principal Accounting Officer, effective immediately.
the Board appointed Kevin Mullins, who previously served as the Company’s Chief Executive Officer, to the position of President.
On January 5, 2024 (the “Termination Date”), Chris DeAlmeida’s employment as Chief Financial Officer of Wrap Technologies, Inc. (the “Company”) was terminated without cause, effective immediately, pursuant to a Separation Agreement and Mutual Release of Claims (the “Separation Agreement”).
On December 26, 2023, the Board of Directors (the “Board”) of Wrap Technologies, Inc. (the “Company”) appointed Jared Novick (40) to the position of Chief Operating Officer, effective immediately.
appointed Scot Cohen (53), the Company’s current Executive Chairman of the Board, to the position of Principal Executive Officer, effective immediately.
the Board of Directors (the “ Board ”) of Wrap Technologies, Inc. (the “ Company ”) appointed Scot Cohen, the Company’s current Chairman of the Board, to the position of Executive Chairman, effective October 12, 2023
On April 21, 2023, Bruce T. Bernstein and Marc Savas were each appointed to serve as members of the Company’s Board
On April 21, 2023, Kevin Mullins, the Chief Executive Officer and President of Wrap Technologies, Inc. (the “ Company ”), was appointed to serve as a member of the Company’s Board of Directors
Max materiality 0.80 · Median 0.60 · Most common event other_material