WRAP TECHNOLOGIES, INC.
Close on Oct 19, 2026
- Market cap
- $73.01M
- P/E (TTM)
- –
- Dividend yield
- –
About Wrap Technologies
Ordnance & Accessories, (No Vehicles/Guided Missiles), SIC 3480
The company develops and provides integrated non-lethal public safety technologies, training platforms, and managed services. Its primary offerings include the BolaWrap handheld tether entanglement device and replacement cassettes, the Wrap Reality virtual reality simulation platform, the WrapTactics digital subscription training platform, and WrapVision body-worn cameras paired with cloud-based digital evidence management software. It also develops counter-unmanned aircraft systems for non-lethal drone defense under the MERLIN initiative. The company serves public safety organizations, including federal, state, and local law enforcement agencies, correctional facilities, defense, and homeland security clients.
The enterprise maintains domestic distribution coverage across all 50 U.S. states and exports its products to over 60 countries through direct sales and international distributor networks. Assembly and final verification operations are based at a production facility in Norton, Virginia. The provided text details these operations, but does not explicitly name a corporate headquarters location or administrative base.
Summary of the business section of Wrap Technologies's latest annual report, written by StockData.
Company profile
Company
- Legal name
- WRAP TECHNOLOGIES, INC.
- Headquarters
- Miami, FL
- Address
- 3480 Main Hwy, Suite 202 33133
- Phone
- (800) 583-2652
- Website
- wrap.com
- Employees
- 25, Dec 31, 2025
- Industry
- Ordnance & Accessories, (No Vehicles/Guided Missiles)
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- HTL International, LLC, Houston, TX
Stock & identifiers
- Ticker
- WRAP
- Exchange
- Nasdaq
- IPO date
- May 29, 2018
- Shares outstanding
- 56M, Aug 7, 2026
- Public float
- $79.14M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- SEC CIK
- 1702924
- CUSIP
- 98212N107
- ISIN
- US98212N1072
- EIN
- 98-0551945
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Scot Cohen | Executive Chairman and CEO, Director | 12,833,317 |
| Jared Novick | President and COO | 2,428,012 |
| Gerald Thomas Ratigan JR | Chief Financial Officer | – |
| John D. Shulman | Director | 449,037 |
| Marc Savas | Director | 317,856 |
| Bruce Bernstein | Director | 250,848 |
| Rajiv Srinivasan | Director | 164,750 |
| Timothy Szymanski | Director | 156,859 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2024 Kevin Mullins | $0 | $0 | $222.53K | $54 | – |
| FY2024 LWVarner Jr | $0 | $0 | $222.53K | $54 | – |
| FY2024 Scot Cohen | $1.96M | -$643.24K | $222.53K | $54 | – |
| FY2024 TJKennedy | $0 | $0 | $222.53K | $54 | – |
| FY2024 Thomas PSmith | $0 | $0 | $222.53K | $54 | – |
| FY2023 Kevin Mullins | $450.00K | $1.60M | $336.14K | $79 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we employed approximately 25 full-time employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Feb 24, 2025 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Aug 21, 2024 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| May 24, 2024 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| May 13, 2024 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Apr 26, 2024 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Apr 19, 2024 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Apr 1, 2024 | Late filing | Notification of late filing |
| Aug 22, 2023 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Dec 16, 2020 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Nov 30, 2018 | Listing | Registration of securities on an exchange (Form 8-A) |