Wrap Technologies, Inc. announced the appointment of Scot Cohen as its new Chief Executive Officer (CEO). Mr. Cohen, a co-founder of the Company, the large shareholder, and Executive Chairman of the Company, is recognized for his deep commitment to the Company's mission and extensive experience in various industries. Since its founding in 2016, Mr. Cohen has been a cornerstone of Wrap, leading all rounds of financing, totaling $90 million, and playing a crucial role in shaping the Company?s strategic direction.

With over thirty years of experience building businesses and recruiting top talent in the institutional asset management and capital markets industries, Mr. Cohen is exceptionally qualified to navigate the Company into a future of expansion into new markets including commercial and private security. Mr. Cohen's proven leadership in Wrap spans more than just financial aspects. As the longest-standing board member, he has also been an essential force in driving Wrap?s focus on wellness.

His dedication to mental health and wellness extends to his philanthropic efforts, running a charitable foundation dedicated to providing mental health support, coaching, and education to law enforcement and government officials. The Company announced the appointment of Kevin Mullins as President. In his time as the Company?s Chief Executive Officer, Kevin?s substantial contributions have been instrumental to Wrap's success, and his continued involvement in this new role will bring invaluable leadership and insight.

The Company expresses its appreciation for his many achievements and looks forward to his ongoing contribution in this pivotal role. Under Mr. Cohen's leadership, Wrap is set to pursue a future of growth, expanding beyond policing and aligning with the Company's commitment to enhancing public safety and wellness. Mr. Cohen is dedicated to higher purpose policing, aiming to elevate standards in law enforcement for community well-being and trust.