Form 8-K WRAP TECHNOLOGIES, INC. For: Aug 18
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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Item 8.01 Other Events
As previously disclosed on Wrap Technologies, Inc.’s (the “Company”) Current Report on Form 8-K filed with the Securities and Exchange Commission on August 18, 2026, on August 16, 2026, the Company entered into a securities purchase agreement (the “Purchase Agreement”) with a certain institutional investor and an existing investor (the “Investors”), pursuant to which the Company agreed to issue and sell in a registered direct offering (the “Offering”) 5,771,519 shares (the “Shares”) of the Company’s common stock, par value $0.0001 per share, and Pre-Funded Warrants (the “Pre-Funded Warrants”) to purchase up to 2,800,090 shares of Common Stock (the “Pre-Funded Warrant Shares”) at a purchase price of $1.40 per share or $1.3999 per Pre-Funded Warrant.
The Offering closed on August 18, 2026. The gross proceeds to the Company from the Offering were approximately $12.0 million before deducting offering expenses payable by the Company. The Company currently plans to use the net proceeds from the Offering for working capital and general corporate purposes, including for any future planned business expansion.
On August 18, 2026, the Company issued a press release announcing the closing of the Offering. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
| Exhibit | Description | |
| 99.1 | Press Release, dated August 18, 2026 | |
| 104 | Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document |
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.
| Date: August 18, 2026 | WRAP TECHNOLOGIES, INC. | |
| By: | /s/ Scot Cohen | |
| Name: | Scot Cohen | |
| Title: | Chief Executive Officer (Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer) | |
ATTACHMENTS / EXHIBITS