WRAP · Categories · M&A
WRAP - Mergers and acquisitions
Wrap Technologies Inc. (WRAP) mergers and acquisitions - real-time wire coverage filtered to M&A only.
Recent M&A for WRAP
- Wrap Technologies, Inc. Reports First Quarter 2025 ResultsMIAMI, May 15, 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 financial and operating results for the first quarter ended March 31, 2025. Q1 2025 Financial Results: Cash increased to $6.2 million, up from $3.6 million in Q1 2024Margins increased over 21 points from 56.6% in Q1 2024 to 77.8% in Q1 2025, with cost of revenue decreasing 73.4%, from $640 thousand to $170 thousand, respectively.Operating loss improved 5.2%, from $(4.1) million in Q1 2024 to $(3.9) million in Q1 2025.Q1 2025 revenue was $765 thousand.Net income was $109 thousand in Q1 2025
- Wrap Acquires W1 Global: Expands Managed Services with Former FBI, DEA, and DoD Leadership to Accelerate Made-in-America End-to-End SolutionsThis 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