Wrap Technologies Announces Nasdaq Ticker Symbol Change to "WRAP"
TEMPE, Arizona, Nov. 30, 2020 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (the “Company” or “WRAP”) (Nasdaq: WRTC), an innovator of modern policing solutions, today announced that the Company’s ticker symbol on Nasdaq will change to “WRAP” from “WRTC”. Trading under the new ticker symbol will began at the 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,” explained Tom Smith, President and Interim CEO at WRAP. “We are protecting our WRAP® and BolaWrap® 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.”
No action is needed from current shareholders relative to the ticker symbol change. There was no change in capital structure and the common stock will continue to be listed on Nasdaq with the CUSIP number unchanged as 98212N 107.
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