Sharps Technology urges reverse split vote to avoid NASDAQ delisting by Oct 7 meeting

Sharps Technology Inc.

Special shareholder meeting scheduled for October 7, 2024 at 10:00 a.m. ET to vote on reverse stock split.
Board recommends reverse split up to 1-for-22 to regain and maintain $1.00 minimum bid price compliance.
If proposal fails, company expects near-term delisting, which could adversely affect share value and liquidity.
Previous 1-for-8 reverse split authorized July 15, 2024 has not been implemented; new broader range proposed.
Record date for voting is August 13, 2024; CEO Robert Hayes urges shareholders to vote 'FOR' the proposal.

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