secwatch.observer — SEC 8-K summary
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Issuer:     Sharps Technology Inc. (STSS)
CIK:        0001737995
Form:       8-K
Filed at:   2024-09-23T23:59:59+00:00
Accession:  0001493152-24-037763
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sharps Technology completes $3.5M secured bridge financing with warrants
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- Gross proceeds of ~$3.5M from sale of $4.375M principal amount of senior secured notes and 5.7M shares/pre-funded warrants.
- Net proceeds to be used for general corporate purposes and working capital.
- Aegis Capital acted as exclusive placement agent with 8% commission plus $80k reimbursement.
- Pre-funded warrants exercisable at $0.0001; registration statement required within 45 days of closing.
- Transaction closed on September 23, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1737995/000149315224037763/0001493152-24-037763-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1737995/000149315224037763/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-037763

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