Sharps Technology Files 8-K on Equity Sale

Ticker: STSSW · Form: 8-K · Filed: Sep 23, 2024 · CIK: 1737995

Sharps Technology Inc. 8-K Filing Summary
FieldDetail
CompanySharps Technology Inc. (STSSW)
Form Type8-K
Filed DateSep 23, 2024
Risk Levelmedium
Pages4
Reading Time5 min
Key Dollar Amounts$0.0001, $4,375,000, $0, $3.5 m, $80,000
Sentimentneutral

Sentiment: neutral

Topics: material-definitive-agreement, equity-sale, 8-k

Related Tickers: STSS

TL;DR

Sharps Tech did a deal on equity sales, filing an 8-K.

AI Summary

On September 20, 2024, Sharps Technology, Inc. entered into a material definitive agreement related to the unregistered sale of equity securities. The company, incorporated in Nevada, filed this 8-K report on September 23, 2024, detailing events that occurred on September 20, 2024.

Why It Matters

This filing indicates a significant transaction involving the sale of equity securities, which could impact the company's capital structure and shareholder value.

Risk Assessment

Risk Level: medium — Filings related to unregistered sales of equity securities can sometimes indicate financing needs or dilution, which carries inherent risk.

Key Players & Entities

  • Sharps Technology, Inc. (company) — Registrant
  • September 20, 2024 (date) — Date of earliest event reported
  • September 23, 2024 (date) — Filing date
  • Nevada (jurisdiction) — State of Incorporation

FAQ

What specific type of equity securities were sold in the unregistered sale?

The filing mentions "Unregistered Sales of Equity Securities" as an item of disclosure but does not specify the exact type of securities in the provided text.

What is the nature of the material definitive agreement entered into by Sharps Technology, Inc.?

The filing lists "Entry into a Material Definitive Agreement" as an item of disclosure, but the specific details of the agreement are not provided in the excerpt.

What is the principal business address of Sharps Technology, Inc.?

The principal business address is 105 Maxess Road, Melville, New York 11747.

When was Sharps Technology, Inc. incorporated?

Sharps Technology, Inc. was incorporated in Nevada.

What is the SEC file number for Sharps Technology, Inc.?

The SEC file number for Sharps Technology, Inc. is 001-41355.

Filing Stats: 1,280 words · 5 min read · ~4 pages · Grade level 13.3 · Accepted 2024-09-23 08:13:02

Key Financial Figures

  • $0.0001 — nge on which registered Common Stock, $0.0001 par value STSS NASDAQ Capital Mark
  • $4,375,000 — ") for an aggregate principal amount of $4,375,000.00, with certain purchasers (the "Purch
  • $0 — ly exercisable, at an exercise price of $0.0001, subject to registration, and may
  • $3.5 m — ceeds to the Company were approximately $3.5 million, before deducting fees to the pla
  • $80,000 — and Note. The Company reimbursed Aegis $80,000 for certain fees and expenses incurred

Filing Documents

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: September 23, 2024 SHARPS TECHNOLOGY, INC. /s/ Robert Hayes Robert Hayes Chief Executive Officer

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