Wrap Technologies (NASDAQ: WRTC), an innovator of modern policing solutions, today announced that its Nasdaq ticker symbol is set to change from “WRTC” to “WRAP” beginning at market open on Tuesday, December 1, 2020. “We are excited to align the new ticker symbol ‘WRAP’ directly to our corporate brand and strengthen our visibility with public investors while providing consistent brand recognition across all stakeholders,” Wrap Technologies President and Interim CEO Tom Smith stated in the news release. “We are protecting our WRAP(R) and BolaWrap(R) brands in 50 countries as our brand recognition continues to increase worldwide. The recent change of our corporate web site to ‘wrap.com’ along with the new ticker symbol makes it easier for customers, current shareholders and prospective investors to find and follow our company.”
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About Wrap Technologies Inc.
WRAP Technologies, Inc. is an innovator of modern policing solutions. The company’s BolaWrap 100 product is a patented, hand-held remote restraint device that discharges an eight-foot bola style Kevlar(R) tether to restrain an individual at a distance from 10 to 25 feet. Developed by award winning inventor Elwood Norris, the Company’s Chief Technology Officer, the small but powerful BolaWrap 100 assists law enforcement in safely and effectively deescalating encounters, especially those involving an individual in crisis. BolaWrap 100 has already been used to safely apprehend suspects without injury in a number of cities including Los Angeles, Sacramento, Fresno, Bell, Albuquerque, Minneapolis, West Palm Beach, Fort Worth, and Oak Ridge. For information, visit the company’s website at www.WrapTechnologies.com.
NOTE TO INVESTORS: The latest news and updates relating to WRTC are available in the company’s newsroom at http://nnw.fm/WRTC
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