---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-027891"
form_type: "8-K"
ticker: "STSS"
cik: "0001737995"
company_name: "Sharps Technology Inc."
filed_at: "2024-07-15T23:59:59+00:00"
generated_at: "2026-05-31T20:43:26.609955+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Sharps Technology faces Nasdaq delisting, shareholders approve reverse split and share increase

## Summary
- Nasdaq notified Sharps Technology of non-compliance due to bid price below $1.00 for 30 consecutive days.
- Company failed to regain compliance by July 8, 2024; delisting set for July 18 unless hearing requested by July 16.
- At July 15 special meeting, stockholders approved increase of authorized common shares from 100M to 500M.
- Stockholders also authorized reverse stock split up to 1-for-8, with ratio to be determined by the board.
- Stockholders approved issuance of securities in non-public offerings at up to 20% discount below market price.

## SEC filing metadata
- accession: 0001493152-24-027891
- form_type: 8-K
- ticker: STSS
- cik: 0001737995
- company_name: Sharps Technology Inc.
- filed_at: 2024-07-15T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 3.01, 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1737995/000149315224027891/0001493152-24-027891-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1737995/000149315224027891/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-027891
- JSON: https://secwatch.observer/filing/0001493152-24-027891.json
- Plain text: https://secwatch.observer/filing/0001493152-24-027891.txt

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