Wrap Technologies is trading 19% up at $2.14 following a sharp pre-market and early-session rally driven by a favorable federal regulatory determination.
- ATF Ruling 2026-2 formally determined that the BolaWrap 150 is not classified as a firearm or weapon under federal law, removing prior regulatory ambiguity.
- A July 9 company release highlighted that the ruling strengthens its position in the global safety market and supports its long-term growth strategy.