{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-035242","form_type":"8-K","ticker":"STSS","cik":"0001737995","company_name":"Sharps Technology Inc.","filed_at":"2023-10-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.267533+00:00","generated_at":"2026-06-10T05:33:48.794723+00:00","sec_items":["1.01","3.02","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Sharps Technology raises $5.6M in registered direct and private placement; existing warrant exercise price cut to $0.64","bullets":["Gross proceeds of ~$5.6M from sale of 4.4M shares and pre-funded warrants at $0.64/share, plus private placement warrants.","Placement agent Aegis Capital Corp. received 8% commission and 1% expense allowance plus $100,000 reimbursement.","Existing warrants (11.5M shares) exercise price reduced from $1.56 to $0.64 due to anti-dilution adjustment.","Concurrent private placement issued units to purchase pre-funded warrants and 8.75M common warrants (5.5-year term).","Proceeds to be used for working capital and general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-035242","json":"https://secwatch.observer/filing/0001493152-23-035242.json","markdown":"https://secwatch.observer/filing/0001493152-23-035242.md","text":"https://secwatch.observer/filing/0001493152-23-035242.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1737995/000149315223035242/0001493152-23-035242-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1737995/000149315223035242/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T05:33:48.794723+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":"d7bd1944916337552814e10db18539707b5165dc","claim":"Sharps Technology Inc. entered into \"PIPE Agreement\" with certain purchasers valued at approximately $2,827,853 (PIPE Offering aggregate gross proceeds) (effective 2023-09-27).","evidence_excerpt":"On September 27, 2023, Sharps Technology, Inc., (the \"Company\") entered into a Securities Purchase Agreement (the \"PIPE Agreement\"), with certain purchasers (the \"Purchasers\"), for the issuance of 4,418,521 shares of common stock which includes 800,000 pre-funded warrants to acquire common stock in a registered direct offering (the \"PIPE Offering\"), at a purchase price of $0.64 per share 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/1737995/000149315223035242/0001493152-23-035242-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"certain purchasers"},{"label":"Value","value":"approximately $2,827,853 (PIPE Offering aggregate gross proceeds)"},{"label":"Effective","value":"2023-09-27"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}