Exhibit 14.1
WRAP TECHNOLOGIES, INC.
CODE OF ETHICS
As a public company, it is of critical importance that filings with
the Securities and Exchange Commission by Wrap Technologies, Inc.
(the “Company”) be accurate and timely. Depending on
their position with the Company, employees may be called upon to
provide information to assure that the Company's public reports are
complete, fair, and understandable. The Company expects all of its
employees to take this responsibility seriously and to provide
prompt and accurate answers to inquiries related to the
Company’s public disclosure requirements.
The Company’s Finance and Accounting Department (the
“Department”) bears a special responsibility for
promoting integrity throughout the Company, with responsibilities
to stakeholders both inside and outside of the Company. The Chief
Executive Officer (“CEO”), Chief Financial Officer
(“CFO”), and the Department’s personnel
have a special role both to adhere to the principles of integrity
and also to ensure that a culture exists throughout the Company as
a whole that ensures the fair and timely reporting of the
Company’s results from operations and financial condition.
Because of this special role, the CEO, CFO, and all members of the
Department are bound by the Company’s Code of Ethics, and by
accepting the Code of Ethics, each agrees that they
will:
-
Act
with honesty and integrity, avoiding actual or apparent conflicts
of interest in personal and professional
relationships;
-
Provide
information that is accurate, complete, objective, relevant, timely
and understandable to ensure full, fair, accurate, timely, and
understandable disclosure in the reports and documents that the
Company files with, or submits to, government agencies and in other
public communications;
-
Comply
with the rules and regulations of federal, state and local
governments, and other appropriate private and public regulatory
agencies;
-
Act
in good faith, responsibly, with due care, competence and
diligence, without misrepresenting material facts or allowing one's
independent judgment to be subordinated;
-
Respect
the confidentiality of information acquired in the course of one's
work, except when authorized or otherwise legally obligated to
disclose. Confidential information acquired in the course of one's
work will not be used for personal advantage;
-
Share
job knowledge and maintain skills important and relevant to
stakeholders needs;
-
Proactively
promote and be an example of ethical behavior as a responsible
partner among peers, in the work environment and in the
community;
-
Achieve
responsible use of, and control over, all Company assets and
resources employed by, or entrusted to yourself, and your
department;
-
Receive
the full and active support and cooperation of the Company’s
officers, senior staff, and all employees in the adherence to this
Code of Ethics; and
-
Promptly
report to the CEO or CFO any conduct believed to be in violation of
law or business ethics or in violation of any provision of this
Code of Ethics, including any transaction or relationship that
reasonably could be expected to give rise to such a conflict.
Further, to promptly report to the Chair of the Company’s
Audit Committee or the Board of Directors prior to the
formation of the Audit Committee, such conduct if by the CEO or CFO
or if they fail to correct such conduct by others in a reasonable
period of time.