Wrap Technologies IncWRAP
▼ NegativeCapitalrelevance
Company prices a $12M direct offering at $1.40/share, diluting existing shareholders; shares fell 9.04%.
Impact on stocks 1
Defense & Geopolitical Fragmentation
Wrap Technologies IncWrap Technologies announced the pricing of a registered direct offering of 8.57 million shares at $1.40 per share for gross proceeds of approximately $12 million. The company intends to use the proceeds for general corporate purposes and working capital, including any future planned business expansion. The offering is expected to close on or about August 18, 2026. Shares of Wrap Technologies fell 9.04% to $1.71.
Wrap Technologies IncCompany prices a $12M direct offering at $1.40/share, diluting existing shareholders; shares fell 9.04%.