Sharps Technology Files Material Definitive Agreement
Ticker: STSSW · Form: 8-K · Filed: Jun 4, 2024 · CIK: 1737995
| Field | Detail |
|---|---|
| Company | Sharps Technology Inc. (STSSW) |
| Form Type | 8-K |
| Filed Date | Jun 4, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001, $0.38, $744,040, $1,465,715, $0.45 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement
TL;DR
Sharps Tech signed a big deal, details TBD.
AI Summary
On June 4, 2024, Sharps Technology, Inc. filed an 8-K report detailing a material definitive agreement. The filing indicates the company entered into a new agreement, though specific details regarding the counterparty, the nature of the agreement, or any associated financial figures were not immediately available in the provided text.
Why It Matters
This filing signals a significant new business development for Sharps Technology, Inc., potentially impacting its future operations and financial performance.
Risk Assessment
Risk Level: medium — The filing indicates a material definitive agreement, which could be significant, but the lack of specific details introduces uncertainty.
Key Players & Entities
- Sharps Technology, Inc. (company) — Registrant
- June 4, 2024 (date) — Date of report
- Nevada (jurisdiction) — State of Incorporation
- 105 Maxess Road, Melville, New York 11747 (address) — Principal Executive Offices
- ( 631 ) 574 -4436 (phone_number) — Registrant's Telephone Number
FAQ
What is the nature of the material definitive agreement entered into by Sharps Technology, Inc.?
The provided text states that Sharps Technology, Inc. entered into a material definitive agreement on June 4, 2024, but does not specify the nature of the agreement.
Who is the counterparty to this material definitive agreement?
The filing does not disclose the name of the other party involved in the material definitive agreement.
Are there any financial terms or obligations associated with this agreement mentioned in the filing?
The provided text does not contain any information regarding financial terms or obligations related to the material definitive agreement.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on June 4, 2024.
What is the principal executive office address for Sharps Technology, Inc.?
The principal executive office address for Sharps Technology, Inc. is 105 Maxess Road, Melville, New York 11747.
Filing Stats: 696 words · 3 min read · ~2 pages · Grade level 12.5 · Accepted 2024-06-04 09:19:24
Key Financial Figures
- $0.0001 — nge on which registered Common Stock, $0.0001 par value STSS NASDAQ Capital Mark
- $0.38 — per share of the Company at a price of $0.38 per share for gross proceeds to the Com
- $744,040 — re for gross proceeds to the Company of $744,040. The Shares to be issued in the offer
- $1,465,715 — 1,715 warrants and the Company received $1,465,715 in gross proceeds and issued an aggrega
- $0.45 — "New Warrants") that are exercisable at $0.45 per share. The New Warrants will expire
Filing Documents
- form8-k.htm (8-K) — 43KB
- 0001493152-24-022494.txt ( ) — 256KB
- stss-20240604.xsd (EX-101.SCH) — 4KB
- stss-20240604_def.xml (EX-101.DEF) — 26KB
- stss-20240604_lab.xml (EX-101.LAB) — 36KB
- stss-20240604_pre.xml (EX-101.PRE) — 25KB
- form8-k_htm.xml (XML) — 5KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: June 4, 2024 SHARPS TECHNOLOGY, INC. /s/ Robert Hayes Robert Hayes Chief Executive Officer