tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Wrap Technologies Amends Bylaws on Stockholder Voting

Story Highlights
Wrap Technologies Amends Bylaws on Stockholder Voting

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An announcement from Wrap Technologies ( (WRAP) ) is now available.

On November 5, 2025, Wrap Technologies, Inc. announced an amendment to its bylaws, specifically Article II, Section 11, to clarify the voting requirements for stockholder decisions. The amendment establishes that a majority vote of stockholders present or represented by proxy is required for decisions other than director elections, excluding abstentions and broker non-votes, potentially impacting how stockholder decisions are made and aligning with legal and stock exchange requirements.

The most recent analyst rating on (WRAP) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Wrap Technologies stock, see the WRAP Stock Forecast page.

Spark’s Take on WRAP Stock

According to Spark, TipRanks’ AI Analyst, WRAP is a Neutral.

The overall stock score of 52 reflects significant financial challenges, despite positive strategic initiatives highlighted in the earnings call. The company’s ongoing losses and negative cash flows weigh heavily on its financial performance. Technical analysis provides some positive signals, but valuation remains unattractive due to a negative P/E ratio. The company’s strategic repositioning and market expansion efforts offer potential for future improvement.

To see Spark’s full report on WRAP stock, click here.

More about Wrap Technologies

Average Trading Volume: 380,144

Technical Sentiment Signal: Buy

Current Market Cap: $123.1M

For a thorough assessment of WRAP stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1