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Wrap Technologies ( (WRAP) ) has shared an announcement.
On August 18, 2025, Wrap Technologies entered into a Securities Purchase Agreement with accredited investors to sell Series B Convertible Preferred Stock and accompanying warrants in a private placement. The company filed the Certificate of Designations for the Series B Preferred Stock on August 20, 2025, with the Secretary of State of Delaware, marking a significant step in its capital-raising efforts.
The most recent analyst rating on (WRAP) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Wrap Technologies stock, see the WRAP Stock Forecast page.
Spark’s Take on WRAP Stock
According to Spark, TipRanks’ AI Analyst, WRAP is a Neutral.
Wrap Technologies’ overall stock score reflects significant financial challenges, with declining revenues and persistent losses weighing heavily. However, positive strategic initiatives and recent corporate events provide some optimism for future growth. Technical analysis and valuation concerns further moderate the score.
To see Spark’s full report on WRAP stock, click here.
More about Wrap Technologies
Wrap Technologies, Inc. operates in the technology industry, focusing on providing innovative solutions for law enforcement and public safety. The company is known for its non-lethal restraint devices and tools aimed at enhancing safety and efficiency in policing.
Average Trading Volume: 197,329
Technical Sentiment Signal: Sell
Current Market Cap: $69.12M
For detailed information about WRAP stock, go to TipRanks’ Stock Analysis page.