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Wrap Technologies ( (WRAP) ) just unveiled an announcement.
On August 18, 2025, Wrap Technologies announced a securities purchase agreement with accredited investors for a private placement, raising $4.5 million through the sale of Series B Convertible Preferred Stock and accompanying warrants. The proceeds are intended to accelerate the development of Wrap’s counter-drone technologies and expand its market execution in law enforcement and federal sales, enhancing its positioning in the public safety technology sector.
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 and valuation concerns, which are partially offset by positive developments in operational improvements and strategic leadership changes. The mixed technical indicators and strategic initiatives provide a cautiously optimistic outlook, but financial stability remains a critical concern.
To see Spark’s full report on WRAP stock, click here.
More about Wrap Technologies
Wrap Technologies, Inc. is a global leader in innovative public safety technologies and non-lethal tools, known for its BolaWrap® 150 solution, which aids law enforcement in managing non-compliant subjects without resorting to higher-force options. The company also offers Wrap Reality™, a VR training simulator, and WrapVision, a body-worn camera system, emphasizing efficiency, security, and transparency.
Average Trading Volume: 191,959
Technical Sentiment Signal: Sell
Current Market Cap: $77.76M
For an in-depth examination of WRAP stock, go to TipRanks’ Overview page.