Wrap Technologies announced the pricing of a registered direct offering of approximately $12.0 million in gross proceeds. The company issued 5,771,519 shares of common stock and Pre-Funded Warrants to purchase up to 2,800,090 additional shares at a price of $1.40 per share or $1.3999 per warrant. Proceeds are intended for working capital and general corporate purposes, including future business expansion. The transaction closed on August 18, 2026, with Maxim Group LLC acting as placement agent. Wrap Technologies operates in the public safety technology sector, providing intelligent detection, orchestration, and response solutions.
