WRAP TECHNOLOGIES Files 8-K on Shareholder Nominations
Ticker: WRAP · Form: 8-K · Filed: Oct 11, 2024 · CIK: 1702924
| Field | Detail |
|---|---|
| Company | Wrap Technologies, Inc. (WRAP) |
| Form Type | 8-K |
| Filed Date | Oct 11, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, board-nomination
TL;DR
WRAP files 8-K on shareholder board nominations - potential shakeup ahead.
AI Summary
On October 7, 2024, WRAP TECHNOLOGIES, INC. filed an 8-K report detailing shareholder nominations for its board of directors. The filing indicates that the company is providing information related to shareholder nominations pursuant to Exchange Act Rule 14a-11.
Why It Matters
This filing signals potential changes in the company's board composition, which could impact strategic direction and governance.
Risk Assessment
Risk Level: medium — Filings related to board nominations can indicate internal governance changes or shareholder activism, which may introduce uncertainty.
Key Players & Entities
- WRAP TECHNOLOGIES, INC. (company) — Registrant
- October 7, 2024 (date) — Date of earliest event reported
- Exchange Act Rule 14a-11 (regulation) — Governing rule for shareholder nominations
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report shareholder nominations for the board of directors of WRAP TECHNOLOGIES, INC., pursuant to Exchange Act Rule 14a-11.
What is the date of the earliest event reported in this filing?
The date of the earliest event reported in this filing is October 7, 2024.
What is the exact name of the registrant?
The exact name of the registrant is WRAP TECHNOLOGIES, INC.
In which state is WRAP TECHNOLOGIES, INC. incorporated?
WRAP TECHNOLOGIES, INC. is incorporated in Delaware.
What is the principal executive office address of WRAP TECHNOLOGIES, INC.?
The principal executive office address of WRAP TECHNOLOGIES, INC. is 1817 W 4th Street, Tempe, Arizona 85281.
Filing Stats: 811 words · 3 min read · ~3 pages · Grade level 16 · Accepted 2024-10-11 16:47:26
Key Financial Figures
- $0.0001 — registered Common Stock , par value $0.0001 per share WRAP Nasdaq Capital Market
Filing Documents
- wrap20241011_8k.htm (8-K) — 23KB
- 0001437749-24-031131.txt ( ) — 152KB
- wrap-20241007.xsd (EX-101.SCH) — 3KB
- wrap-20241007_def.xml (EX-101.DEF) — 11KB
- wrap-20241007_lab.xml (EX-101.LAB) — 15KB
- wrap-20241007_pre.xml (EX-101.PRE) — 11KB
- wrap20241011_8k_htm.xml (XML) — 3KB
08 Shareholder Director Nominations
Item 5.08 Shareholder Director Nominations. On October 7, 2024, the Board of Directors of Wrap Technologies, Inc. (the "Company") determined that the Company's 2024 Annual Meeting of Stockholders (the "2024 Annual Meeting") will be held on Monday, December 23, 2024, and that the record date for the determination of stockholders of the Company entitled to receive notice of and to vote at the 2024 Annual Meeting shall be the close of business on November 5, 2024. The time and location of the 2024 Annual Meeting will be as set forth in the Company's definitive proxy statement for the 2024 Annual Meeting to be filed with the Securities and Exchange Commission. Due to the fact that the date of the 2024 Annual Meeting has been changed by more than 30 days from the anniversary date of the 2023 Annual Meeting of Stockholders, the Company is providing the due date for submission of any qualified stockholder proposal or qualified stockholder nominations. Stockholders of the Company who wish to have a proposal considered for inclusion in the Company's proxy materials for the 2024 Annual Meeting pursuant to Rule 14a-8 under the Securities Exchange Act of 1934 (the "Exchange Act"), must ensure that such proposal is received by the Company's Chief Executive Officer, Scot Cohen, at 1817 W 4th Street, Tempe, Arizona 85281, on or before the close of business on October 21, 2024 which the Company has determined to be a reasonable time before it expects to begin in print and send its proxy materials in accordance with Rule 14a-5(f) and Rule 14a-8(e) under the Exchange Act. Any such proposal must also meet the requirements set forth in the rules and regulations of the Securities and Exchange Commission in order to be eligible for inclusion in the proxy materials for the 2024 Annual Meeting. In addition, in accordance with the requirements contained in the Company's amended and restated Bylaws ("Bylaws"), stockholders of the Company who wish to bring business before the 2024 Annual
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WRAP TECHNOLOGIES, INC. Date: October 11, 2024 By: /s/ Scot Cohen Scot Cohen Chief Executive Officer