Core Insights - Wrap Technologies, Inc. has expanded its Board of Directors to six members, appointing John D. Shulman as a new member, who is a significant investor and has extensive experience in private equity [1][6][4] - Jerry Ratigan has separated from his roles as Chief Financial Officer and Principal Accounting Officer, with Scot Cohen, the CEO, resuming these positions [2] - The appointment of Shulman is expected to enhance Wrap's strategic vision and drive innovation and market expansion in non-lethal technology [6][7] Company Leadership Changes - John D. Shulman, Founder and Managing Partner of Juggernaut Capital Partners, brings over 25 years of experience in private investments across various sectors [4][5] - Scot Cohen, previously holding the roles of Principal Financial Officer and Principal Accounting Officer, has been reappointed to these positions following Ratigan's departure [2] Strategic Vision and Market Position - Wrap aims to redefine the future of non-lethal technology, focusing on products like the BolaWrap® 150 device and Wrap Reality™ VR training [6][9] - The company is positioned to unlock significant opportunities in public safety and private security markets, responding to the rising demand for safer solutions [7][9] - Wrap's product ecosystem includes innovative tools designed to enhance public safety, such as the BolaWrap® 150, which is used by over 1,000 agencies in the U.S. and 60 countries [9][10]