WRAP

EpicQuest Education Group Performance: EpicQuest Education Group International Ltd (EEIQ) saw a significant rise in shares, climbing 81.5% to $0.98 after reporting first-half fiscal results with revenues of $5.37 million, a 29.1% increase from the previous year.

Other Notable Gainers: Several other stocks experienced notable pre-market gains, including Cycurion Inc (CYCU) up 66.8%, Azitra Inc (AZTR) up 44%, and Educational Development Corp (EDUC) up 16.3%.

Stocks Declining in Pre-Market: Conversely, Aptorum Group Limited (APM) fell 38.1%, Aethlon Medical, Inc. (AEMD) dropped 17.8%, and OceanPal Inc. (OP) declined 16.3% in pre-market trading.

Market Overview: The overall market showed mixed results with various companies experiencing fluctuations in stock prices following recent announcements and earnings reports.

Launch of WrapTactics™: Wrap Technologies has introduced WrapTactics™, a subscription-based digital training platform aimed at enhancing police officer readiness through short, impactful learning modules and scenario-based applications.

Addressing Training Gaps: The platform targets the rapid degradation of police skills, particularly in defensive tactics and firearms proficiency, by providing continuous reinforcement to ensure officers retain critical skills under pressure.

Integration with Existing Products: WrapTactics™ is available as a standalone service or bundled with Wrap's existing offerings, such as WrapReady™ and WrapPlus™, promoting comprehensive training and operational support for law enforcement agencies.

Commitment to Public Safety: The launch aligns with Wrap's mission to improve public safety outcomes and reduce harm in policing by leveraging human performance science and innovative technology in training solutions.

Key Financing Highlights: Wrap Technologies has executed a private placement agreement for $4.5 million, involving the sale of Series B Preferred Stock and accompanying warrants, aimed at advancing their counter-UAS programs and law enforcement initiatives.

Accelerated Counter-UAS Fielding: The funding will enhance Wrap's Wrap-Merlin and Wrap-PANDA programs, which convert existing BolaWrap® 150 inventory into counter-drone capabilities, facilitating quicker deployment in the field.

Dual-Use Pathway: The financing supports Wrap's strategy to serve both law enforcement and federal sales markets, leveraging existing technology while expanding its business with government agencies like the DoD and DHS.

Expansion of WrapVision: Funds will also be allocated to improve WrapVision's body camera offerings and develop cost-saving technologies for law enforcement, potentially opening new markets such as healthcare.