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Wrap Technologies Inc - WRAP STOCK NEWS

Welcome to our dedicated page for Wrap Technologies news (Ticker: WRAP), a resource for investors and traders seeking the latest updates and insights on Wrap Technologies stock.

Wrap Technologies Inc. (WRAP) delivers innovative public safety solutions through its BolaWrap remote restraint system, VR training platforms, and AI-powered evidence management tools. This news hub provides investors and public safety professionals with essential updates on the company’s operational milestones and technological advancements.

Access real-time updates on earnings reports, product certifications, and strategic partnerships. Track developments in WRAP’s law enforcement solutions including new market expansions, training program launches, and enhancements to its WrapAI evidence management platform.

Key content includes quarterly financial results, regulatory filings, product deployment announcements, and executive leadership updates. All press releases are sourced directly from official corporate communications to ensure accuracy and compliance with financial disclosure standards.

Bookmark this page for streamlined access to WRAP’s latest developments in de-escalation technologies and digital policing solutions. Check regularly for updates on patents, international distribution agreements, and field implementation case studies.

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Wrap Technologies announces widespread adoption of BolaWrap® 150 technology by law enforcement agencies, with over 100 agencies upgrading from BolaWrap 100. The BolaWrap 150 boasts key enhancements and a platform approach for continuous advancements.
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Wrap Technologies applauds the Hillsborough County Sheriff's Office for expanding its deployment of the BolaWrap solution. BolaWrap is a remote restraint tool that offers a safe alternative to traditional use-of-force methods. Over 55% of reported BolaWrap deployments were used in situations involving individuals experiencing a mental health crisis. The positive outcomes in Hillsborough County highlight the potential of BolaWrap to revolutionize law enforcement practices worldwide.
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Wrap Technologies, a global pioneer in public safety solutions, announced the closing of its registered direct offering, raising approximately $10 million. The offering consisted of convertible preferred stock and warrants. The company plans to use the funds to scale its sales team, boost marketing efforts, and diversify its product offerings.
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Wrap Technologies announces a securities purchase agreement to raise $10 million in a registered direct offering of convertible preferred stock and warrants. The offering is expected to close on July 3, 2023. The preferred stock has a conversion price of $1.45 per share and the warrants allow for the acquisition of up to 6,896,553 additional shares. The preferred stock will have a stated value of $1,000 per share and holders will be entitled to cumulative dividends of 8% per annum. Katalyst Securities LLC is serving as the placement agent for the offering.
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Wrap Technologies announces the addition of multiple new agency customers, driving further demand for its BolaWrap® solution. The company has experienced a remarkable increase of almost 90% in new agencies purchasing Wrap solutions compared to the previous four-month period.
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Wrap Technologies Inc

Nasdaq:WRAP

WRAP Rankings

WRAP Stock Data

73.72M
34.22M
30.73%
9.78%
11.03%
Scientific & Technical Instruments
Ordnance & Accessories, (no Vehicles/guided Missiles)
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United States
MIAMI