Wrap Technologies Receives Nasdaq Notification Of Non-Compliance With Listing Rule 5250(c)(1)
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Wrap Technologies Receives Nasdaq Notification Of Non-Compliance With Listing Rule 5250(c)(1)
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/11/2022 | $6.25 → $5.25 | Buy | Ladenburg Thalmann |
| 1/25/2022 | Buy → Hold | Maxim Group |
10-Q - WRAP TECHNOLOGIES, INC. (0001702924) (Filer)
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8-K - WRAP TECHNOLOGIES, INC. (0001702924) (Filer)
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., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or the "Company"), a global leader in innovative public safety solutions, today announced key financial and operational achievements for the third quarter ended September 30, 2024. Key Highlights: Significant Cost Reductions: Operating expenses slashed by 22% year-over-year, falling to $3.9 million from $4.9 million in Q3 2023, reflecting efficiency gains.Monetizing Inventory: Ongoing cost-saving measures and paused manufacturing have allowed the Company to focus on monetizing a $25 million finished goods inventory and reinforce a leaner operational model.Increase in Reported Subscription Servic
TEMPE, Ariz., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) (the "Company"), a global leader in innovative public safety solutions, announced today that it received written notice from the Nasdaq Stock Market LLC ("Nasdaq") informing the Company that it has regained compliance with Nasdaq Listing Rule 5250(c)(1) regarding periodic reporting. Nasdaq has advised the Company that the matter is now closed. Details of the restructuring, vision and new go-to market strategy are expected to be provided on the Company's Third Quarter Earnings call. About Wrap Wrap Technologies, Inc. (NASDAQ:WRAP) is a leading global provider of advanced public safety solut
TEMPE, Ariz., Aug. 21, 2024 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or the "Company"), the makers of BolaWrap and the innovative public safety solutions platform, today reports that it has received a letter (the "Notice") from the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it is not in compliance with the requirements of Nasdaq Listing Rule 5250(c)(1) (the "Listing Rule") as a result of not having timely filed its Quarterly Report on Form 10-Q for the six months ended June 30, 2024 (the "Q2 Form 10-Q"), with the Securities and Exchange Commission ("SEC"). As previously disclosed, on April 18, 2024,
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
Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or the "Company") is pleased to announce a transformative pilot with the San Francisco Police Department ("SFPD"). A recent San Francisco Police Commission meeting revealed that 60 of the Company's BolaWrap devices will be issued to the Field Training/Force Options Unit. This initiative has great potential to address the growing number of calls related to mental health issues and support the advancement of policing tactics. SFPD joins 50 California-based law enforcement agencies, including Hawthorne and Menlo Park Police Departments, that are advancing community policing with their decision to adopt innovative de-escalation tools and training. Wr
Gainers Comtech Telecom (NASDAQ:CMTL) stock increased by 86.6% to $4.05 during Wednesday's regular session. The market value of their outstanding shares is at $115.3 million. As per the news, the Q3 earnings report came out yesterday. Actelis Networks (NASDAQ:ASNS) stock moved upwards by 84.38% to $2.12. The company's market cap stands at $7.1 million. VirnetX Holding (NYSE:VHC) shares rose 19.61% to $4.94. The market value of their outstanding shares is at $18.1 million. Wrap Technologies (NASDAQ:WRAP) shares increased by 19.54% to $1.59. The market value of their outstanding shares is at $70.3 million. Airship AI Holdings (NASDAQ:AISP) shares moved upwards by 18.7% to $4.76. The marke
- Reuters
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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]