Wrap Technologies (WRAP) Registration Filing summary

Company overview and business model

• Global public safety technology and services provider focused on non-lethal compliance tools and immersive training for law enforcement and security personnel worldwide.

• Product portfolio includes BolaWrap remote restraint devices, Wrap Reality VR training, Wrap Intrensic body-worn cameras and digital evidence management, WrapTactics digital training, WrapVision body-worn cameras, and counter-unmanned aircraft systems.

• Target market includes 900,000 U.S. law enforcement officers, over 12 million police officers globally, and adjacent markets such as military and private security.

• International distribution network covers 43 countries with 22 distributors; products shipped to 62 countries.

• Emphasis on recurring revenue through subscription-based training platforms and bundled service offerings.

Financial performance and metrics

• As of November 20, 2025, 51,549,094 shares of common stock outstanding.

• Classified as a smaller reporting company, eligible for scaled disclosure and reduced reporting requirements.

• Audited financial statements for 2024 and 2023 incorporated by reference, with a going concern explanatory paragraph.

Use of proceeds and capital allocation

• Net proceeds from securities sales intended for general corporate purposes, including product development, manufacturing, sales, marketing, working capital, and other corporate needs.

• Management retains broad discretion over allocation and may invest proceeds in short-term, investment-grade securities or reduce short-term debt.