Mergers & Acquisitions ·
Wrap Technologies, Inc. entered into a securities purchase agreement on July 7, 2026, to acquire 74,918 Series A…
WRAPWrap Technologies, Inc.
Wrap Technologies, Inc. entered into a securities purchase agreement on July 7, 2026, to acquire 74,918 Series A Preferred Shares of Frenel Imaging Ltd. for $2,000,000. The company also entered into an exclusive distribution license agreement with Frenel to market and sell its proprietary image processing software for polarimetric thermal imaging in the U.S. and to NATO customers. The license is exclusive for four years, subject to meeting specific performance milestones, including a cumulative net revenue target of $3,000,000 by the 36-month anniversary. Wrap Technologies operates in the technology sector, providing specialized imaging and distribution services.