Wrap Technologies prices USD 12 million registered direct offering at USD 1.4 per share

Reuters2026/08/17 12:32

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Wrap Technologies priced a USD 12 million registered direct offering of 8,571,609 common shares or pre-funded warrants.
Offering price set at USD 1.4 per share.
Closing expected on or about Aug. 18, 2026, subject to customary conditions.
Proceeds earmarked for general corporate purposes, working capital, future business expansion.
Maxim Group serving as sole placement agent.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wrap Technologies Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608170830PRIMZONEFULLFEED9810997) on August 17, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Wrap Technologies prices USD 12 million registered direct offering at USD 1.4 per share

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