Sharps Technology Inc. Files 8-K with Multiple Corporate Updates

Ticker: STSSW · Form: 8-K · Filed: Aug 25, 2025 · CIK: 1737995

Sharps Technology Inc. 8-K Filing Summary
FieldDetail
CompanySharps Technology Inc. (STSSW)
Form Type8-K
Filed DateAug 25, 2025
Risk Levelmedium
Pages15
Reading Time18 min
Key Dollar Amounts$0.0001, $6.50, $6.4999, $9.75, $87.60
Sentimentneutral

Sentiment: neutral

Topics: corporate-action, securities-law, officer-changes

TL;DR

Sharps Tech dropped an 8-K detailing new deals, stock sales, and exec changes. Big day for them.

AI Summary

Sharps Technology Inc. filed an 8-K on August 25, 2025, reporting several key events. These include entering into a material definitive agreement, unregistered sales of equity securities, changes in directors and officers, amendments to its articles of incorporation, submission of matters to a vote, and Regulation FD disclosures. The filing also contains financial statements and exhibits.

Why It Matters

This 8-K filing indicates significant corporate actions and potential changes within Sharps Technology Inc., which could impact its operational direction and shareholder value.

Risk Assessment

Risk Level: medium — The filing mentions unregistered sales of equity securities and changes in officers/directors, which can introduce uncertainty and potential risks.

Key Numbers

  • 20250825 — Filing Date (Date the 8-K was filed with the SEC.)
  • 20250822 — Report Date (The date as of which the report is being filed.)

Key Players & Entities

  • Sharps Technology Inc. (company) — Filer of the 8-K report
  • 0001737995 (company) — Central Index Key for Sharps Technology Inc.
  • NV (state) — State of incorporation for Sharps Technology Inc.
  • NY (state) — State for the business and mailing address of Sharps Technology Inc.

FAQ

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

The filing does not specify the details of the material definitive agreement, only that one was entered into.

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

The filing mentions 'Unregistered Sales of Equity Securities' but does not specify the type of securities sold.

Were there any changes in the executive officers of Sharps Technology Inc.?

Yes, the filing indicates 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers' as an item of disclosure.

Did Sharps Technology Inc. amend its articles of incorporation or bylaws?

Yes, the filing lists 'Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year' as an item of information.

What is the SIC code for Sharps Technology Inc.?

The Standard Industrial Classification (SIC) code for Sharps Technology Inc. is 3841, which corresponds to SURGICAL & MEDICAL INSTRUMENTS & APPARATUS.

Filing Stats: 4,570 words · 18 min read · ~15 pages · Grade level 12.7 · Accepted 2025-08-25 07:25:42

Key Financial Figures

  • $0.0001 — nge on which registered Common Stock, $0.0001 par value STSS NASDAQ Capital Mark
  • $6.50 — Common Stock"), at an offering price of $6.50 per share (ii) or pre-funded warrants (
  • $6.4999 — rrant Shares,") at an offering price of $6.4999 per Pre-Funded Warrant, and (ii) staple
  • $9.75 — rrant Shares,") at an exercise price of $9.75 per Cash Stapled Warrant. In the Cash O
  • $87.60 — xisting Warrants totaling 347,774, from $87.60 per share to $6.50 per share. The for
  • $1,200,000 — will receive a lump sum cash payment of $1,200,000, together with Company paid-for healthc
  • $600,000 — ve a base salary (the "Base Salary") of $600,000 per annum. The Base Salary shall be pai
  • $400 million — gregate gross proceeds of approximately $400 million in cash, before deducting placement age
  • $50 million — lic offering by the Company, to selling $50 million of SOL at a 15% discount to a 30-day ti

Filing Documents

From the Filing

UNITED SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (Date of earliest event reported): August 22, 2025 Sharps Technology, Inc. (Exact Name of Registrant as Specified in Its Charter) Nevada (State or Other Jurisdiction of Incorporation) 001-41355 82-3751728 (Commission File Number) (IRS Employer Identification No.) 105 Maxess Road , Melville , New York 11747 (Address of Principal Executive Offices) (631) 574-4436 (Registrant's Telephone Number, Including Area Code) (Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.0001 par value STSS NASDAQ Capital Market Common Stock Purchase Warrants STSSW NASDAQ Capital Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 1.01 Entry into a Material Definitive Agreement. Securities Purchase Agreements On August 25, 2025, Sharps Technology, Inc. (the "Company") entered into securities purchase agreements (the "Cash Securities Purchase Agreements") with certain accredited investors (the "Cash Purchasers") pursuant to which the Company agreed to sell and issue to the Cash Purchasers in a private placement offering (the "Cash Offering") an aggregate offering of (i) either shares (the "Cash Shares") of common stock of the Company, par value $0.0001 per share (the "Common Stock"), at an offering price of $6.50 per share (ii) or pre-funded warrants (the "Cash Pre-Funded Warrants") to purchase shares of Common Stock (the "Cash Pre-Funded Warrant Shares,") at an offering price of $6.4999 per Pre-Funded Warrant, and (ii) stapled warrants (the "Cash Stapled Warrants," and together with the Common Stock and Cash Pre-Funded Warrants, the "Cash Securities") to purchase shares of Common Stock (the "Cash Stapled Warrant Shares,") at an exercise price of $9.75 per Cash Stapled Warrant. In the Cash Offering, the Cash Purchasers will tender any of U.S. dollars, USDC or USDT (or a combination thereof) to the Company as consideration for the Cash Shares, Cash Stapled Warrants and Cash Pre-Funded Warrants. Each of the Cash Pre-Funded Warrants is immediately exercisable for one share of Common Stock at the exercise price of $0.0001 per Cash Pre-Funded Warrant Share, and may be exercised at any time until all of the Cash Pre-Funded Warrants issued in the Offerings (as defined below) are exercised in full. Each Cash Purchaser's ability to exercise its Cash Pre-Funded Warrants in exchange for shares of Common Stock is subject to certain beneficial ownership limitations set forth therein. Each of the Cash Stapled Warrants is immediately exercisable for one share of Common Stock at the exercise price of $9.75 per Cash Stapled Warrant Share, and may be exercised at any time until the earlier of (i) 36 months after the closing of the Offerings or (ii) all of the Cash Stapled Warrants issued in the Offerings are exercised in full. On August 25, 2025, the Company also entered into securities purchase agreements (the "Cryptocurrency Securities Purchase Agreements," and together with the Cash Securities Purchase Agreements, the "Securities Purchase Agreements") with certain accredited investors (the "Cryptocurrency Purchasers," and together with the Cash Purchasers, the "Purchasers") pursuant to which the Company agreed to sell and issue to the Cryptocurrency Purchasers in a private placement offering (the "Cryptocurrency Offering" and together with the Cash Offering, the "Offerings") (i) pre-funded warrants (the "Cryptocurrency Pre-Funded Warrants" and together with the Cash Pre-Funded Warrants, the "Pre-Funded Warrants") to purchase shares of Common Stock (the "Cryptocurrency Pre-Funded War

View Full Filing

View this 8-K filing on SEC EDGAR

View on ReadTheFiling | About | Contact | Privacy | Terms

Data from SEC EDGAR. Not affiliated with the SEC. Not investment advice. © 2026 OpenDataHQ.