Corporate News: Wrap Technologies, Inc. (WRAP)
- Recent price movement: WRAP traded up 0.75 % during the 24‑hour period ending at 11:34 PM Central Europe on Friday, 23 March 2026.
- Current trading price: Approximately USD 1.22 per share on major exchanges.
- Outstanding shares: 64.6 million.
- Market capitalization: USD 82.8 million.
- Volume over last 24 hours: USD 483.9 k worth of WRAP shares were exchanged.
- Performance since the end of last month: WRAP has declined 10.07 %.
- Technical indicators:
- 200‑day simple moving average: USD 1.67.
- 52‑week high: USD 3.23 on 15 January 2026.
- 52‑week low: USD 1.04 on 26 June 2026.
Recent Corporate Filing
On 22 October 2026, Wrap Technologies, Inc. submitted Form 3 and Form 4 reports to the Securities and Exchange Commission. The filings announced:
- Board appointment: Edward Delatorre Jr. was added to the board of directors.
- Stock‑option plan: Mr Delatorre received an option to purchase up to 30 000 shares of common stock. The option has a vesting schedule that extends over several years and is contingent on continued service.
- Ownership impact: The option grants will increase Mr Delatorre’s ownership of WRAP shares upon exercise. The company updated its beneficial ownership records accordingly.
- No additional material events or financial disclosures were reported.
Related Stock Activity (24‑Hour Overview)
| Company | Ticker | % Change | Current Price | Market Cap | Key Notes |
|---|---|---|---|---|---|
| Lumos Diagnostics L | 7YU.F | –4.81 % | EUR 0.05 | EUR 85.5 million | – |
| Merlin | MRLN | –6.67 % | USD 0.88 | USD 99.1 million | Scheduled Q3 webcast on 12 November 2026; focuses on autonomous flight systems. |
| Zevia PBC | ZVIA | +2.46 % | USD 1.28 | USD 96.7 million | New growth‑equity partnership with GP Investments; convertible preferred shares worth ~$20 million; board seat and dividend provision. |
| Insight Molecular Diagnostic | IMDX | –5.96 % | USD 2.83 | USD 98.8 million | – |
| Audioeye | AEYE | +2.79 % | USD 8.08 | USD 99.1 million | – |
Company Overview
- Name: Wrap Technologies, Inc.
- Sector: Information technology.
- Headquarters: Tempe, United States.
- Primary business: Design, production, and marketing of security products for law enforcement and security personnel.
- Customer base: Exclusively United States.
- Website: www.wrap.com
- Exchange listing: Nasdaq.
