Wrap Technologies Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1)

May 24, 2024

https://www.globenewswire.com/news-release/2024/05/24/2888112/0/en/Wrap-Technologies-Receives-Nasdaq-Notification-of-Non-Compliance-with-Listing-Rule-5250-c-1.html

MIAMI, May 24, 2024 (GLOBE NEWSWIRE) — Wrap Technologies, Inc. (Nasdaq:WRAP) (“Wrap” or the “Company”), the makers of BolaWrap and the innovative public safety solutions platform powered by artificial intelligence (“AI”), virtual reality and data, today reports that it has received a letter from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is not in compliance with the requirements of Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) as a result of not having timely filed its Quarterly Report on Form 10-Q for the three months ended March 31, 2024 (the “Form 10-Q”), with the Securities and Exchange Commission (“SEC”).

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