Wrap Technologies Inc. announced it has entered into a securities purchase agreement for a $5 million private placement. As part of the transaction, the company will issue 2,500,000 shares of common stock at $2.00 per share (or per pre-funded warrant in lieu thereof) and warrants to purchase up to an aggregate of 2,500,000 shares of common stock. The common warrants will be immediately exercisable at an initial exercise price of $2.30 per share and will expire five years from the date of issuance. The private placement aims to support the company's manufacturing restart and growth initiatives.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wrap Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-005110), on February 04, 2026, and is solely responsible for the information contained therein.