secwatch.observer — SEC 8-K summary
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Issuer:     Sharps Technology Inc. (STSS)
CIK:        0001737995
Form:       8-K
Filed at:   2025-01-30T23:59:59+00:00
Accession:  0001493152-25-004282
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sharps Technology closes $20M upsized public offering of units with warrants
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- Offering comprised 14,285,714 Common Units at $1.40/unit plus Pre-Funded Units at $1.3999.
- Each unit includes common stock or pre-funded warrant plus Series A and B warrants exercisable at $1.75.
- Net proceeds of ~$18.2M after 7% underwriting fee and expenses; Aegis Capital Corp. sole book-runner.
- Aegis exercised over-allotment for 2,142,857 Series A and 2,142,857 Series B warrants (not shares).
- Proceeds to be used for debt repayment, working capital, and general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1737995/000149315225004282/0001493152-25-004282-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1737995/000149315225004282/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-004282

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer