secwatch.observer — SEC 8-K summary
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Issuer:     Sharps Technology Inc. (STSS)
CIK:        0001737995
Form:       8-K
Filed at:   2024-10-15T23:59:59+00:00
Accession:  0001493152-24-041064
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1737995/000149315224041064/0001493152-24-041064-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1737995/000149315224041064/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-041064

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