Item 5. Market for Registrant’s Common Equity
ITEM
5. MARKET FOR THE REGISTRANT ’ S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Market
Information
Our
Common Stock is listed on the Nasdaq Capital Market under the symbol “WRAP”.
Holders
As
of March 25, 2025, there were 50,494,701 shares of Common Stock outstanding and approximately 39 stockholders of record.
Dividends
We
have never declared or paid any cash dividends on our Common Stock. The decision to pay dividends is at the discretion of our board of
directors and depends upon our financial condition, results of operations, capital requirements, and other factors that our board of
directors deems relevant. In addition, so long as any shares of Series A Preferred Stock are outstanding, as they are at this time, we
are not able to declare or pay any cash dividend or distribution on any of our capital stock (other than as required by the Certificate
of Designations) without the prior written consent of the Required Holders (as defined in the Certificate of Designations).
Recent
Sales of Unregistered Securities
No
unregistered securities were issued during the fiscal year ended December 31, 2024, that were not previously reported in a Quarterly
Report on Form 10-Q or Current Report on Form 8-K.
Repurchases
Not
applicable.
ITEM
6. [RESERVED]
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