Wrap Technologies closes $12M registered direct offering
Wrap Technologies closed a registered direct offering of common stock and pre-funded warrants for approximately $12 million in gross proceeds.
Evidence notes
- The offering comprised 8,571,609 common shares or pre-funded warrants priced at $1.40 each, with Maxim Group acting as sole placement agent.
- Wrap said proceeds would support working capital and general corporate purposes, including potential expansion of WrapShield and its public-safety business.