SCHEDULE: Iroquois Capital Boosts Stake in WRAP Technologies

Iroquois Capital Management, Richard Abbe, and Kimberly Page report increased beneficial ownership in WRAP Technologies, reaching up to 7.6% of common stock.

Summary

• Iroquois Capital Management, LLC, Richard Abbe, and Kimberly Page collectively reported beneficial ownership in WRAP Technologies.
• Richard Abbe, individually and through entities, holds the largest beneficial ownership at 4,425,830 shares, representing 7.6% of the class.
• Iroquois Capital Management, LLC and Kimberly Page each beneficially own 3,597,026 shares, representing 6.2% of the class.
• Ownership includes direct common stock, Series A and Series B Convertible Preferred Stock, and various Warrants and Pre-Funded Warrants.
• Beneficial ownership is subject to 4.99% and 9.99% ownership blockers, limiting immediate conversion or exercise of certain securities.
• The percentage of class is based on 54,501,638 shares of Common Stock outstanding as of February 6, 2026.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a moderately positive signal, as it indicates a significant and sustained passive investment by an institutional group, suggesting confidence in the company's long-term prospects, despite the lack of operational details.

Positives

• Significant institutional and individual investor confidence demonstrated by a substantial beneficial ownership stake.
• The reporting persons hold a diversified portfolio of securities including common stock, preferred stock, and warrants, indicating a long-term interest.

Negatives

• Beneficial ownership blockers (4.99% and 9.99%) limit the immediate conversion or exercise of preferred shares and warrants, potentially restricting the reporting persons' ability to fully realize their stake or influence.
• The filing does not provide any operational or financial performance updates for WRAP Technologies, focusing solely on ownership structure.

Risks

• The existence of beneficial ownership blockers means that the full potential voting or dispositive power of the reported securities cannot be immediately exercised, which could impact market perception of the true float or investor influence.
• Future changes in the company's stock price could affect the value of the preferred stock and warrants held by the reporting persons.

Future Outlook

The filing is a passive ownership disclosure and does not contain forward-looking statements or guidance from WRAP Technologies' management.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are routine disclosures for passive investors crossing certain ownership thresholds. This filing indicates continued or increased interest from Iroquois Capital Management and its principals in WRAP Technologies, a company operating in the public safety technology sector. Such filings can signal investor confidence, though they do not provide insight into the company's operational performance or strategic direction relative to competitors like Axon Enterprise or other less-lethal technology providers.

Comparison to Industry Standards

• This filing is a standard regulatory disclosure of beneficial ownership and does not contain performance metrics that can be directly compared to industry standards or specific comparable companies. The ownership percentages are significant for a single institutional investor group, indicating a notable stake in WRAP Technologies.

Stakeholder Impact

• Shareholders: Increased transparency regarding significant institutional ownership, potentially signaling investor confidence.
• Management: Awareness of a substantial passive investor group holding a significant stake.

Key Dates

Recommendation

The filing indicates a significant passive stake by Iroquois Capital Management and its principals, suggesting long-term confidence. However, as a Schedule 13G, it provides no new operational or financial data about WRAP Technologies to warrant a 'buy' or 'sell' recommendation. The presence of beneficial ownership blockers also limits the immediate impact of this stake. Therefore, a 'hold' recommendation is appropriate, awaiting further company-specific news or financial disclosures.

Keywords

WRAP Technologies, Iroquois Capital Management, Richard Abbe, Kimberly Page, Schedule 13G, Beneficial Ownership, Common Stock, Preferred Stock, Warrants, SEC Filing, Institutional Investor