WRAP Expands Capabilities: Leveraging Investigative Expertise in Financial Crimes, Crypto and Cybersecurity to Commercialize Managed Services Offering MIAMI, March 27, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc, (NASDAQ:WRAP) ("Wrap" or, the "Company"), a global leader in innovative public safety technologies and non-lethal tools, today announced the appointment of Robert Heuchling as Managing Director of the Company, bringing over 15 years of experience from the Federal Bureau of Investigation ("FBI") and providing advisory services to the Company's executive team. Wrap plans to expand its managed service business lines, with Mr. Heuchling expected to play a key role in commercia

MIAMI, March 25, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies (NASDAQ:WRAP) ("Wrap" or, the "Company"), a global leader in innovative public safety technologies and non-lethal tools, today announced the appointment of Stephen M. Renna as a Strategic Advisor to the Company. Mr. Renna brings more than 35 years of executive experience in both public and private sectors and will focus on international expansion, with an emphasis on Made-in-USA exports and financing strategies through U.S. government resources. A seasoned expert at the intersection of business and government, Mr. Renna served as Chief Banking Officer at the U.S. Export-Import Bank (EXIM), where he led the execution of trad

MIAMI, March 24, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or, the "Company") today announced it will hold a conference call on Monday, March 31, 2025 at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time) to discuss its financial and operational results for the fourth quarter and full year ended December 31, 2024. Wrap management will host the presentation, followed by a question-and-answer period. Interested parties may submit questions to the Company prior to the call at [email protected] by 5:00 p.m. Eastern Time on March 28, 2025. Questions will be addressed based on the relevance to the Company's strategic direction and execution, stockholder base and public

MIAMI, March 20, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or, the "Company") today announced the appointment of Joseph R. Bonavolonta as Domestic Head of Managed Services of the Company, bringing over 27 years of experience from the Federal Bureau of Investigation ("FBI") to the Company's management team. Mr. Bonavolonta, who culminated his distinguished FBI career as Special Agent in Charge (SAC) of the Boston Field Office, led one of the agency's largest divisions, overseeing high-profile criminal and national security investigations. His leadership extended to managing Joint Terrorism Task Forces, Safe Streets Gang and Violent Crime Task Forces, and dire

NORTON, Va., March 12, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or, the "Company") is pleased to announce the promotion of Jared Novick to President and Chief Operating Officer of the Company. Under his leadership, Wrap expects to launch a new wave of efficiency-driven public safety offerings designed to support law enforcement and federal agencies. This expansion aligns with Wrap's recent relocation of its manufacturing headquarters to Virginia, a move recognized by Virginia Governor Glenn Youngkin in November 2024. With plans to establish offices near Washington, D.C., the new location strengthens Wrap's pursuit of U.S. Federal government contracts and expan

TEMPE, Ariz., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies (NASDAQ:WRAP) ("Wrap" or, the "Company") today announced it that it has executed a securities purchase agreement with certain investment partnerships affiliated with the Company and certain accredited and institutional investors in a private placement for the purchase and sale of (i) an aggregate of 3,216,666 shares of common stock of the Company, at a purchase price of $1.80 per share of common stock, and (ii) accompanying warrants to purchase 3,216,666 shares of common stock, for aggregate proceeds of approximately $5.8 million. The warrants will be immediately exercisable at an initial exercise price of $1.80 per share, s

This news follows: Wrap Unveils Managed Safety and Response (MSR) Connected Ecosystem in Virginia TEMPE, Ariz., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies (NASDAQ:WRAP) ("Wrap" or, the "Company") today announced it has completed the acquisition of W1 Global, LLC ("W1") a preeminent professional services and consulting firm led by an executive team of former high-ranking law enforcement and U.S. Intelligence Community professionals, with deep competencies in complex international criminal investigation, regulatory matters and compliance issues. The acquisition of W1 is expected to increase Wraps access to the skill and experience of this distinguished group, as well as expand the

Following Governor Youngkin's November announcement, Early Adopter Program Launches in Virginia, Highly Anticipated Defense Tech Drones, Body Cameras, AI Integration and International Expansion to Follow This news follows: Wrap Technologies Launches Go-Forward Strategy, Advancing End-to-End Public Safety and Defense Solutions with New Virginia Facility NORTON, Va., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies (NASDAQ:WRAP) ("Wrap" or, the "Company") today announced the launch of its highly anticipated Managed Safety and Response (MSR) Connected Ecosystem in Virginia, with the aim of delivering a modern approach for law enforcement training, defensive tactics and real-time safety s

WISE, Va., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or the "Company"), a global leader in public safety solutions, announced today the relocation of its manufacturing and distribution facility to Virginia, citing Virginia's strategic location and commitment to invest in public safety innovation as key factors in its decision. This move underscores Wrap's commitment to delivering comprehensive tools and training for law enforcement. It also highlights Wrap's dedication to expanding "Made-in-America" partnerships with state and federal policymakers across the United States, with the goal to drive nationwide adoption of its solutions. "This facility is

WISE, Va., Nov. 22, 2024 (GLOBE NEWSWIRE) -- We are advised by Wrap Technologies, Inc. that journalists and other readers should disregard the news release, "Wrap Technologies Unveils Go-Forward Strategy, Pioneering End-to-End Public Safety and Defense Solutions with New Virginia Facility" issued on November 22, 2024, over GlobeNewswire.

WRAP Expands Capabilities: Leveraging Investigative Expertise in Financial Crimes, Crypto and Cybersecurity to Commercialize Managed Services Offering MIAMI, March 27, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc, (NASDAQ:WRAP) ("Wrap" or, the "Company"), a global leader in innovative public safety technologies and non-lethal tools, today announced the appointment of Robert Heuchling as Managing Director of the Company, bringing over 15 years of experience from the Federal Bureau of Investigation ("FBI") and providing advisory services to the Company's executive team. Wrap plans to expand its managed service business lines, with Mr. Heuchling expected to play a key role in commercia

MIAMI, March 25, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies (NASDAQ:WRAP) ("Wrap" or, the "Company"), a global leader in innovative public safety technologies and non-lethal tools, today announced the appointment of Stephen M. Renna as a Strategic Advisor to the Company. Mr. Renna brings more than 35 years of executive experience in both public and private sectors and will focus on international expansion, with an emphasis on Made-in-USA exports and financing strategies through U.S. government resources. A seasoned expert at the intersection of business and government, Mr. Renna served as Chief Banking Officer at the U.S. Export-Import Bank (EXIM), where he led the execution of trad

MIAMI, March 20, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or, the "Company") today announced the appointment of Joseph R. Bonavolonta as Domestic Head of Managed Services of the Company, bringing over 27 years of experience from the Federal Bureau of Investigation ("FBI") to the Company's management team. Mr. Bonavolonta, who culminated his distinguished FBI career as Special Agent in Charge (SAC) of the Boston Field Office, led one of the agency's largest divisions, overseeing high-profile criminal and national security investigations. His leadership extended to managing Joint Terrorism Task Forces, Safe Streets Gang and Violent Crime Task Forces, and dire

NORTON, Va., March 12, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or, the "Company") is pleased to announce the promotion of Jared Novick to President and Chief Operating Officer of the Company. Under his leadership, Wrap expects to launch a new wave of efficiency-driven public safety offerings designed to support law enforcement and federal agencies. This expansion aligns with Wrap's recent relocation of its manufacturing headquarters to Virginia, a move recognized by Virginia Governor Glenn Youngkin in November 2024. With plans to establish offices near Washington, D.C., the new location strengthens Wrap's pursuit of U.S. Federal government contracts and expan

TEMPE, Ariz., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or the "Company"), a global leader in public safety innovation via artificial intelligence ("AI"), virtual reality and big data, today announced the appointment of Scot Cohen as its new Chief Executive Officer (CEO). Mr. Cohen, a co-founder of the Company, the largest shareholder, and Executive Chairman of the Company, is recognized for his deep commitment to the Company's mission and extensive experience in various industries. Mr. Cohen stated, "The time has come to complete what Woody Norris, the inventor of BolaWrap, and I began in 2015. I'm ready to assume full responsibility for the organiza

TEMPE, Ariz., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP), a leading provider of innovative law enforcement and public safety solutions, is delighted to announce the appointment of Giles Tipsword as its Senior Vice President of North American Sales. Tipsword brings a wealth of experience and a proven track record in driving sales growth, market analysis, and exceptional leadership in the technology and public safety sector. Today's appointment is announced on the heels of the Company experiencing strong and continued domestic and international momentum for BolaWrap after receiving multiple orders in the EMEA region and following a customer's successful year-long

TEMPE, Ariz., Oct. 16, 2023 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or the "Company"), a global leader in innovative safety technologies and services, today announced the appointment of Vice Admiral (ret.) Timothy Szymanski and Rajiv Srinivasan to serve on the Company's Board of Directors (the "Board"). The Company has also appointed Scot Cohen, Co-Founder, as Executive Chairman of the Board. The addition of this leadership fortifies the Company's commitment to the mental well-being of public safety officers and the community at large. Wrap's reinvigorated Board boasts a diverse cadre of international industry frontrunners, poised to steer the Company's expan

TEMPE, Ariz., May 26, 2023 (GLOBE NEWSWIRE) -- Wrap Technologies (NASDAQ:WRAP), a global pioneer in public safety solutions, proudly announced the appointment of Kevin Mullins as Chief Executive Officer in April. That day Kevin Mullins highlighted the strategic measures implemented to enhance the agility and cost-effectiveness of Wrap's operations. Today marks an exciting milestone as Kevin unveils his visionary roadmap for the future of Wrap, propelling the company into the next era of public safety solutions tailored to the evolving needs of our world. With an unwavering commitment to innovation, Kevin's vision transcends the traditional notion of equipping law enforcement officers with

Outlines Meaningful Cost Reductions to Support Greater Efficiency Without Inhibiting the Company's Ability to Monetize Its Robust Sales Pipeline Will Lean Into Bolstered Distribution and Sales Capabilities to Accelerate Path to Profitable Growth TEMPE, Ariz., April 17, 2023 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or the "Company"), a global leader in innovative public safety technologies and services, today announced the immediate appointment of Kevin Mullins as Chief Executive Officer and released preliminary financial results for the first quarter of fiscal year 2023. Leadership Updates In connection with Mr. Mullins' appointment, TJ Kennedy has agreed to im

TEMPE, Ariz., July 25, 2022 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) (the "Company"), a global leader in innovative public safety technologies and services, today announced the appointment of Chris DeAlmeida to be the company's new Chief Financial Officer (CFO). Chris replaces Jim Barnes, who is retiring as CFO. "We are excited to have Chris join the executive leadership team at Wrap as we are making key decisions on our future strategic roadmap," commented Wrap CEO, TJ Kennedy. "Chris brings significant CFO experience as well as Financial Planning and Analysis, Strategic Planning, SEC Compliance, Capital Markets, M & A, Accounting, and Investor Relations experience to ou

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Ladenburg Thalmann reiterated coverage of Wrap Technologies with a rating of Buy and set a new price target of $5.25 from $6.25 previously

Maxim Group downgraded Wrap Technologies from Buy to Hold

Ladenburg Thalmann initiated coverage of Wrap Technologies with a rating of Buy and set a new price target of $26.50

Maxim Group initiated coverage of Wrap Technologies with a rating of Buy and set a new price target of $11.00

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MIAMI, March 24, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or, the "Company") today announced it will hold a conference call on Monday, March 31, 2025 at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time) to discuss its financial and operational results for the fourth quarter and full year ended December 31, 2024. Wrap management will host the presentation, followed by a question-and-answer period. Interested parties may submit questions to the Company prior to the call at [email protected] by 5:00 p.m. Eastern Time on March 28, 2025. Questions will be addressed based on the relevance to the Company's strategic direction and execution, stockholder base and public

This news follows: Wrap Unveils Managed Safety and Response (MSR) Connected Ecosystem in Virginia TEMPE, Ariz., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies (NASDAQ:WRAP) ("Wrap" or, the "Company") today announced it has completed the acquisition of W1 Global, LLC ("W1") a preeminent professional services and consulting firm led by an executive team of former high-ranking law enforcement and U.S. Intelligence Community professionals, with deep competencies in complex international criminal investigation, regulatory matters and compliance issues. The acquisition of W1 is expected to increase Wraps access to the skill and experience of this distinguished group, as well as expand the

TEMPE, Ariz., April 15, 2024 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or the "Company"), the makers of BolaWrap and the innovative public safety solutions platform powered by artificial intelligence ("AI"), virtual reality and data, today provided an update on its ongoing operations and announced its schedule for reporting financial results. The Company is also pleased to share operational highlights from recent quarters and confirms that no financial restatements are anticipated. Financial Results Timing Update: Wrap currently expects to release fourth quarter and full year 2023 results in the coming weeks, followed by its first quarter 2024 earnings.The Com

TEMPE, Ariz., March 25, 2024 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or the "Company"), a global leader in innovative public safety technologies and services, today announced that it will set a new date for the issuance of its financial results and investor conference call related to the fourth quarter and full year 2023, which had previously been scheduled for March 28, 2024. The Company will use the additional time to complete its year-end reporting process. About Wrap Wrap Technologies, Inc. (NASDAQ:WRAP) is a leading global provider of advanced public safety solutions, integrating ultramodern technology, cutting-edge tools, and comprehensive services to addr

TEMPE, Ariz., March 07, 2024 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or the "Company"), a global leader in innovative public safety technologies and services, will hold a conference call on Thursday, March 28th at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial and operational results for the last quarter of 2023, which ended December 31, 2023. Financial and operational results will be issued in a press release prior to the call on the same day. Wrap management will host the presentation, followed by a question-and-answer period. Interested parties may submit questions to the Company prior to the call at [email protected]

TEMPE, Ariz., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or the "Company"), a global leader in innovative public safety technologies and services, today announced financial and operating results for the third quarter ended September 30, 2023. Third Quarter and Recent Highlights Record quarterly revenue driven by strong international orders in the North African region.Full deployment order for BolaWrap 150 from a large domestic agency in the Mid-Atlantic.Second consecutive record quarter for Wrap Reality sales.Continued development of new Wrap Reality scenarios on a monthly basis.Successful integration of Wrap Intrensic, enhancing our Body-Worn Camer

TEMPE, Ariz., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or the "Company"), a global leader in innovative public safety technologies and services, will hold a conference call on Thursday, November 9, 2023 at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial and operational results for the third quarter ended September 30, 2023. Financial and operational results will be issued in a press release prior to the call on the same day. Wrap management will host the presentation, followed by a question-and-answer period. Interested parties may submit questions to the Company prior to the call at [email protected] by 7 p.m. Eastern time on Nov

TEMPE, Ariz., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or the "Company"), a global leader in innovative public safety technologies and services, today announced financial and operating results for the second quarter ended June 30, 2023, as well as announced a major acquisition in the body cam and digital evidence management markets. Acquisition AnnouncementWrap has executed a purchase agreement for the acquisition of Intrensic, LLC ("Intrensic"), a trailblazer in the field of digital evidence management and body worn cameras. The strategic acquisition was concluded through the purchase of 100% of the membership interest for $500,000 in cash and 1,250

TEMPE, Ariz., July 26, 2023 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or the "Company"), a global leader in innovative public safety technologies and services, will hold a conference call on Wednesday, August 9, 2023 at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial and operational results for the second quarter ended June 30, 2023. Financial and operational results will be issued in a press release prior to the call on the same day. Wrap management will host the presentation, followed by a question-and-answer period. Interested parties may submit questions to the Company prior to the call at [email protected] by 8:00 p.m. Eastern time on Frida

Company Introduces Streamlined Operating Model with Bolstered Distribution and Sales Capabilities to Accelerate Path to Profitable Growth Continued Focused on Cost Reduction Led to 30% Decrease in Operating Expense in Q1 with Further Cost Reduction Impacts Expected Over the Course of 2023 TEMPE, Ariz., May 10, 2023 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or the "Company"), a global leader in innovative public safety technologies and services, today announced financial and operating results for the first quarter ended March 31, 2023. First Quarter and Recent Operational Highlights: Appointed Kevin Mullins as Chief Executive Officer and Director. As former Compa