---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-001289"
form_type: "8-K"
ticker: "MLSS"
cik: "0000855683"
company_name: "MILESTONE SCIENTIFIC INC."
filed_at: "2024-01-12T23:59:59+00:00"
generated_at: "2026-06-07T00:18:33.734828+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Milestone Scientific underwriter exercises overallotment, raising $216,847

## Summary
- Maxim Group exercised overallotment for 372,110 shares at $0.63 per share on Jan 12, 2024.
- Net proceeds to Milestone Scientific after underwriting discounts and commissions: $216,847.
- Shares sold to underwriter at 7.5% discount to $0.63 public offering price.
- Overallotment is part of December 10, 2023, public offering of 4,765,000 shares.

## SEC filing metadata
- accession: 0001437749-24-001289
- form_type: 8-K
- ticker: MLSS
- cik: 0000855683
- company_name: MILESTONE SCIENTIFIC INC.
- filed_at: 2024-01-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/855683/000143774924001289/0001437749-24-001289-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/855683/000143774924001289/mlss20240111_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-001289
- JSON: https://secwatch.observer/filing/0001437749-24-001289.json
- Plain text: https://secwatch.observer/filing/0001437749-24-001289.txt

## Key facts
- Material Agreements
  MILESTONE SCIENTIFIC INC. entered into Underwriting Agreement with Maxim Group LLC (effective 2023-12-10).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Maxim Group LLC
  - Effective: 2023-12-10
  source text: On December 10, 2023, Milestone Scientific Inc. (the "Company") entered into an Underwriting Agreement (the "Underwriting Agreement") with Maxim Group LLC, acting as sole underwriter and book-running manager (the "Underwriter"), for a public offering (the "Offering") of an aggregate of 4,765,000 shares of common stock, par value $0.001 per share (the "Common Stock") of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/855683/000143774924001289/0001437749-24-001289-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.