0001415889-23-010942.txt : 20230707 0001415889-23-010942.hdr.sgml : 20230707 20230707142953 ACCESSION NUMBER: 0001415889-23-010942 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230705 FILED AS OF DATE: 20230707 DATE AS OF CHANGE: 20230707 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Cohen Scot CENTRAL INDEX KEY: 0001558913 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38750 FILM NUMBER: 231076390 MAIL ADDRESS: STREET 1: 20 EAST 20TH ST. STREET 2: APT. 6 CITY: NEW YORK STATE: NY ZIP: 10003 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: WRAP TECHNOLOGIES, INC. CENTRAL INDEX KEY: 0001702924 STANDARD INDUSTRIAL CLASSIFICATION: ORDNANCE & ACCESSORIES, (NO VEHICLES/GUIDED MISSILES) [3480] IRS NUMBER: 980551945 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1817 W 4TH STREET CITY: TEMPE STATE: AZ ZIP: 85281 BUSINESS PHONE: 800-583-2652 MAIL ADDRESS: STREET 1: 1817 W 4TH STREET CITY: TEMPE STATE: AZ ZIP: 85281 4 1 form4-07072023_060747.xml X0407 4 2023-07-05 0001702924 WRAP TECHNOLOGIES, INC. WRAP 0001558913 Cohen Scot C/O WRAP TECHNOLOGIES, INC. 1817 W 4TH STREET TEMPE AZ 85281 true false true false 0 Common Stock 4985151 D Series A Convertible Preferred Stock 1.45 2023-07-05 4 P 0 1250 A Common Stock 862069 1250 D Warrants 1.45 2023-07-05 4 P 0 862069 A 2028-07-05 Common Stock 862069 862069 D Series A Convertible Preferred Stock 1.45 2023-07-05 4 P 0 1750 A Common Stock 1206897 1750 I By V4 Global LLC Warrants 1.45 2023-07-05 4 P 0 1206897 A 2028-07-05 Common Stock 1206897 1208647 I By V4 Global LLC Stock Options 5.56 2021-12-01 2031-04-01 Common Stock 100000 100000 D The Series A Convertible Preferred Stock ("Preferred Shares") conversion price is subject to adjustment in the event of any issuances of shares of the Issuer's common stock ("Common Stock"), or securities convertible, exercisable or exchangeable for Common Stock, at a price below $1.45. The Reporting Person's ability to convert the Preferred Shares is conditioned on stockholder approval in compliance with the rules and regulations of The Nasdaq Capital Market. Shares of Series A Convertible Preferred Stock do not expire. The Preferred Shares and Warrants reported herein were acquired pursuant to a Securities Purchase Agreement by and between the Reporting Person and the Issuer, which transaction was approved by the Board of Directors of the Issuer, whereby the Reporting Person acquired each Preferred Share and associated Warrant at a purchase price of $1,000 per Preferred Share. The conversion price of the Warrants is subject to adjustment in the event of any issuances of Common Stock, or securities convertible, exercisable or exchangeable for Common Stock, at a price below $1.45. The Warrants will become exercisable on January 3, 2024, subject to stockholder approval in compliance with the rules and regulations of the Nasdaq Capital Market. Stock option was issued on April 1, 2021, reported on a Form 4 filed on April 5, 2021, and is fully vested. /s/ Scot Cohen 2023-07-07