WRAP TECHNOLOGIES, INC. Reports Officer and Director Changes
Ticker: WRAP · Form: 8-K · Filed: Feb 11, 2025 · CIK: 1702924
| Field | Detail |
|---|---|
| Company | Wrap Technologies, Inc. (WRAP) |
| Form Type | 8-K |
| Filed Date | Feb 11, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $1.98 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, compensation
TL;DR
WRAP TECH leadership shakeup and new pay deals filed.
AI Summary
On February 5, 2025, WRAP TECHNOLOGIES, INC. reported changes in its board of directors and executive officers. The company also disclosed information regarding compensatory arrangements for certain officers. Specific details on the individuals involved and the nature of these arrangements were filed.
Why It Matters
Changes in a company's leadership and compensation structures can signal shifts in strategy or financial health, impacting investor confidence.
Risk Assessment
Risk Level: medium — Changes in executive and director roles, especially without immediate detailed explanations, can introduce uncertainty.
Key Players & Entities
- WRAP TECHNOLOGIES, INC. (company) — Registrant
- February 5, 2025 (date) — Date of earliest event reported
FAQ
What specific changes occurred regarding the board of directors and officers?
The filing indicates a reportable event concerning the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers, but specific names and details are not provided in this excerpt.
When was the earliest event reported in this filing?
The earliest event reported was on February 5, 2025.
What is WRAP TECHNOLOGIES, INC.'s principal executive office address?
The principal executive offices are located at 1817 W 4th Street, Tempe, Arizona 85281.
What is the company's IRS Employer Identification Number?
The IRS Employer Identification Number is 98-0551945.
What is the SIC code for WRAP TECHNOLOGIES, INC.?
The Standard Industrial Classification code is 3480 (ORDNANCE & ACCESSORIES, (NO VEHICLES/GUIDED MISSILES)).
Filing Stats: 519 words · 2 min read · ~2 pages · Grade level 12.6 · Accepted 2025-02-11 17:16:30
Key Financial Figures
- $0.0001 — ch registered Common Stock, par value $0.0001 per share WRAP Nasdaq Capital Marke
- $1.98 — share, which have an exercise price of $1.98 per share and which will vest in four s
Filing Documents
- wrap20250211_8k.htm (8-K) — 23KB
- 0001437749-25-003433.txt ( ) — 151KB
- wrap-20250205.xsd (EX-101.SCH) — 3KB
- wrap-20250205_def.xml (EX-101.DEF) — 11KB
- wrap-20250205_lab.xml (EX-101.LAB) — 15KB
- wrap-20250205_pre.xml (EX-101.PRE) — 11KB
- wrap20250211_8k_htm.xml (XML) — 3KB
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: February 11, 2025 By: /s/ Scot Cohen Scot Cohen Chief Executive Officer and Chairman of the Board