Sharps Technology Inc. (STSS): Nasdaq/NYSE listing notice — Sharps Technology granted additional 180 days to regain Nasdaq minimum bid price compliance

Sharps Technology Inc.

Nasdaq staff extended compliance period to July 8, 2024 for bid price rule.
Company previously failed to maintain $1.00 minimum bid price for 30 consecutive days.
Intends to cure deficiency by reverse stock split if necessary.
If Staff believes company cannot cure, securities may be delisted.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Sharps Technology Inc. received a nasdaq extension granted notice regarding minimum bid price (rules 5550(a)(2)).

Exchange: nasdaq
Notice: extension granted
Deficiency: minimum bid price
Rules: 5550(a)(2)

Exact text from the filing

led on Form 8-K on July 16, 2023, Sharps Technology, Inc. (the “Company”) had received a notice (the “Notice”) from the staff of the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it was not in compliance with Nasdaq Listing Rule 5550(a)(2) (the “Rule”) because it failed to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days dated May 26, 2023 to July 11, 2023. The Rules provide the Company a compliance period of 180 calendar days in which to regain compliance. If at any time during this 180

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Source: SEC EDGAR

accession 0001493152-24-003069

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