NasdaqCM - Nasdaq Real Time Price • USD Wrap Technologies, Inc. (WRAP) Follow Compare 2.0600 +0.1100 +(5.64%) At close: January 17 at 4:00:00 PM EST 2.0500 -0.01 (-0.49%) After hours: January 17 at 5:04:04 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations US Penny Stocks To Watch In December 2024 As December 2024 unfolds, the U.S. stock market faces a challenging period with significant declines in major indices like the Dow Jones and S&P 500, marking their worst month since April. Amid these fluctuations, investors often turn their attention to penny stocks—companies with lower share prices that can offer intriguing opportunities for growth despite their vintage terminology. By focusing on those penny stocks with strong financials and potential for stability, investors may find... Promising US Penny Stocks To Consider In November 2024 As the U.S. stock market experiences a temporary setback with technology shares sliding, investors' attention is turning towards alternative investment opportunities such as penny stocks. Despite their name suggesting an outdated concept, penny stocks remain a significant area of interest due to their potential for growth and affordability. These smaller or newer companies, particularly those with robust financials, can offer unique opportunities for investors looking to uncover hidden value... UPDATE – Wrap Technologies Launches Go-Forward Strategy, Advancing End-to-End Public Safety and Defense Solutions with New Virginia Facility Comprehensive Offering Plans to Integrate AI, VR, Body Cameras, and Drone TechnologyWISE, 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 deliv Wrap Technologies Unveils Go-Forward Strategy, Pioneering End-to-End Public Safety and Defense Solutions with New Virginia Facility Comprehensive Offering Plans to Integrate AI, VR, Body Cameras, and Drone TechnologyWISE, Va., Nov. 22, 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 deliv 22% Year-Over-Year Operating Expense Reduction Positions Wrap Technologies for Growth and Profitability in 2025 Major Advances in Financial Controls and Cost Management Pave the Way for Sustainable Operations and Market LeadershipTEMPE, 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 Wrap Technologies, Inc. Regains Nasdaq Listing Requirements Compliance Form 10-Q Financial Disclosures Contain No “Going Concern” Opinion; 2025 Plan is Fully FundedTEMPE, 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 Wrap Technologies Second Quarter 2024 Earnings: US$0.02 loss per share (vs US$0.12 loss in 2Q 2023) Wrap Technologies ( NASDAQ:WRAP ) Second Quarter 2024 Results Key Financial Results Revenue: US$1.57m (up 31% from 2Q... Investors in Wrap Technologies (NASDAQ:WRAP) have unfortunately lost 78% over the last three years It's not possible to invest over long periods without making some bad investments. But you want to avoid the really big... Wrap Technologies Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1) 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 San Francisco Police Department to Deploy BolaWrap as a Means for De-escalation TEMPE, Ariz., July 18, 2024 (GLOBE NEWSWIRE) -- 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 advancemen Wrap Technologies, Inc. Issues Letter to Shareholders TEMPE, Ariz., June 21, 2024 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ: WRAP) (“Wrap” or the “Company”), a global leader in de-escalation, issues a letter to shareholders from Founder and CEO, Scot Cohen. Dear Shareholders, We are at a pivotal time in Wrap Technologies and I’m excited to share with you that we believe that we’re emerging stronger than ever. First, as you are all aware we are actively addressing both our audit and Nasdaq compliance issues. New Auditors: Thirty days ago, Wrap Technologies Announces Exciting New Distributor Agreement with Kokusai Security MIAMI, April 26, 2024 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ: WRAP), a global leader in innovative public safety technologies, is proud to announce a strategic distribution partnership with Kokusai Security Service, a leading provider of security solutions in the Asia-Pacific region. This partnership marks a significant milestone for both companies, as they join forces to bring cutting-edge public safety solutions to law enforcement agencies and security professionals across the reg Wrap Technologies, Inc. Provides Update on Operations and Timing to Report Financial Results 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 a Wrap Technologies Launches “WrapAI™” Suite of Artificial Intelligence-Powered Functionality for Intrensic BWC and DEMS MIAMI, April 01, 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 announces the launch of its artificial intelligence product suite for its Wrap Intrensic Body-Worn Camera and Digital Evidence Management (DEMS) platform. Branded “WrapAI™”, this suite of products are poised to greatly streamline operations f Wrap Technologies, Inc. to Schedule New Date for Issuance of Financial Results and Investor Conference Call for Q4 and FY 2023 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 Wr Wrap Technologies, Inc. to Report Last Quarter 2023 Financial Results on Thursday, March 28, 2024 at 4:30 p.m. ET 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 Technologies Announces BolaWrap Full Deployment of Detroit Police Department’s Mental Health Crisis Intervention Team (CIT) DETROIT, March 05, 2024 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ: WRAP) (“Wrap” or the “Company”), the makers of BolaWrap and the innovative public safety solutions platform, today announced a 20 unit expansion order for BolaWrap® 150 remote restraint devices by the Detroit Police Department following a successful initial partial deployment in 2023. The aim of this purchase was to support the Detroit PD’s Crisis Intervention Team (CIT), which is tasked with responding to calls relatin Wrap Technologies, Inc. Announces Full Deployment of BolaWrap for Fairfax County Police Department TEMPE, Ariz., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (“Wrap” or the “Company”), the maker of BolaWrap and the innovative public safety solutions platform, is proud to announce a significant milestone in its commitment to public safety with the full deployment of the BolaWrap Remote Restraint device for the Fairfax County Police Department (FCPD) in Fairfax, Virginia. This marks one of the first full deployments of this groundbreaking technology by a major law en Wrap Technologies, Inc. Positions for Scale with Manufacturing and Sales Expansion while Reducing Workforce by 30% TEMPE, Ariz., Feb. 05, 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 announces an initiative to position the company for growth in 2024 and beyond. The Company has reduced its labor force by 30%, representing $2.4M in annual savings, in the past 45 days through outsourcing and headcount reductions. To po Performance Overview Trailing total returns as of 1/17/2025, which may include dividends or other distributions. Benchmark is S&P 500 Return WRAP S&P 500 YTD +5.64% +1.52% 1-Year -33.76% +25.82% 3-Year -50.12% +28.61%