Wrap Technologies, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $86.6M
- Price
- $1.55
- % Change (Daily % change from the live per-ticker quote feed.)
- -0.29%
- Volume
- 466.1K
About
Wrap Technologies, Inc. is an enterprise dedicated to public safety technology and services, engineering advanced solutions for security personnel and law enforcement agencies. Its flagship offering is the BolaWrap 150, a portable, remote restraint tool designed to de-escalate situations. This innovative device propels a Kevlar cord, enabling officers to safely manage uncooperative individuals from distances ranging between 10 and 25 feet. Established in 2016 and based in Tempe, Arizona, Wrap Technologies maintains a broad international footprint, serving markets across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region.
Quick stats
Shares outstanding56.0M
Computed float27.9M
Float / shares49.8%
Key info
SectorTechnology
IndustryHardware, Equipment & Parts
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001702924
Websitehttps://www.wrap.com
AI Summary
AI-generated1/50
majorbullishoffering
WRAP Raises $12.0M from Institutional Investors to Expand WrapShield™ Across a Larger Public Safety, Defense and Enterprise Market
WRAP Technologies closed an equity offering raising approximately $12.0 million from institutional investors to fund working capital and the expansion of its WrapShield™ platform.
The company reported strong operational momentum, stating that second quarter revenue doubled both sequentially and against the prior year quarter while product offerings tripled.
Proceeds will be used to scale the core public safety business and pursue expansion into enterprise safety, U.S. federal defense, and international markets.