Wrap Technologies Strikes $5M Private Placement To Restart Domestic Production

Wrap Technologies, Inc. 0.00%

Wrap Technologies, Inc.

WRAP

1.53

0.00%

Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or, the "Company"), a global leader in non-lethal response solutions, today announced that it entered into a securities purchase agreement for a $5 million private placement. The capital raise is expected to enable the Company to restart domestic manufacturing, advance validated R&D programs into commercialization, and responsibly accelerate early growth initiatives aligned with rising demand for non-lethal response capabilities.

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