{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-003701","form_type":"8-K","ticker":"STSS","cik":"0001737995","company_name":"Sharps Technology Inc.","filed_at":"2023-02-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.358706+00:00","generated_at":"2026-06-20T00:11:25.834414+00:00","sec_items":["1.01","3.02","5.02","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Sharps Technology closes $3.8M PIPE; Berler no longer executive officer; warrant price cut to $1.56","bullets":["Gross proceeds of ~$3.8M from issuance of 2,248,521 units at $1.69/unit to institutional investors.","Each unit consists of one share and one non-tradable warrant exercisable at $1.56 for 5 years.","Proceeds to support manufacturing of pre-filled syringes through partnership with Nephron Pharmaceuticals.","Barry Berler is no longer an executive officer, effective Feb. 1, 2023.","Exercise price of 2022 warrants reduced from $4.25 to $1.56, contingent on PIPE closing."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-003701","json":"https://secwatch.observer/filing/0001493152-23-003701.json","markdown":"https://secwatch.observer/filing/0001493152-23-003701.md","text":"https://secwatch.observer/filing/0001493152-23-003701.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1737995/000149315223003701/0001493152-23-003701-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1737995/000149315223003701/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T00:11:25.834414+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"77dc300499","claim":"Barry Berler departed as Executive Officer at Sharps Technology Inc..","evidence_excerpt":"As of February 1, 2023, the Company and Barry Berler determined that Mr. Berler will no longer be deemed an Executive Officer.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1737995/000149315223003701/0001493152-23-003701-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"no longer be deemed an Executive Officer"},{"label":"Role","value":"Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"5af8903cb8a129c69364c47f5ae104cb86ac7163","claim":"Sharps Technology Inc. entered into Placement Agent Agreement with Aegis Capital Corp. valued at commission of 10% of gross proceeds, plus 10% of warrant exercise proceeds, and $100,000 reimburseme (effective 2023-02-01).","evidence_excerpt":"Aegis Capital Corp. (“Aegis”) acted as the exclusive placement agent in connection with the PIPE Offering under a Placement Agent Agreement, dated as of February 1, 2023, between the Company and Aegis (the “Placement Agent Agreement”). Pursuant to the Placement Agent Agreement, Aegis was paid a commission equal to 10.0% of the gross proceeds received by the Company in the PIPE Offering.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1737995/000149315223003701/0001493152-23-003701-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"Aegis Capital Corp."},{"label":"Value","value":"commission of 10% of gross proceeds, plus 10% of warrant exercise proceeds, and $100,000 reimburseme"},{"label":"Effective","value":"2023-02-01"}],"fact_type":"material_agreement"},{"claim_id":"83e9270f48254ef68ac59bff7d93bdba72fa603f","claim":"Sharps Technology Inc. entered into Securities Purchase Agreement (PIPE Agreement) with certain purchasers (the Purchasers) valued at issuance of 2,248,521 units at $1.69 per unit for aggregate gross proceeds of approximately $3.8 mil (effective 2023-02-01).","evidence_excerpt":"On February 1, 2023, Sharps Technology, Inc., (the “Company”) entered into a Securities Purchase Agreement (the “PIPE Agreement”), with certain purchasers (the “Purchasers”), for the issuance of 2,248,521 units (the “PIPE Offering”), at a purchase price of $1.69 per unit priced at-the-market under NASDAQ rules.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1737995/000149315223003701/0001493152-23-003701-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"certain purchasers (the Purchasers)"},{"label":"Value","value":"issuance of 2,248,521 units at $1.69 per unit for aggregate gross proceeds of approximately $3.8 mil"},{"label":"Effective","value":"2023-02-01"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}