Sharps Technology announces 1-for-22 reverse stock split effective Oct 15 to meet Nasdaq bid price

Sharps Technology Inc.

Reverse stock split at 1-for-22 ratio approved by stockholders on Oct 7, 2024.
Effective Oct 15, 2024 at 11:59 PM ET; post-split trading starts Oct 16 under symbol STSS.
Outstanding shares reduce from ~39.5M to ~1.8M; no fractional shares, rounded up.
Purpose: to regain compliance with Nasdaq minimum bid price listing requirement.
CUSIP changes to 82003F200; par value unchanged at $0.0001 per share.

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