---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-047079"
form_type: "8-K"
ticker: "STSS"
cik: "0001737995"
company_name: "Sharps Technology Inc."
filed_at: "2026-10-15T01:48:46+00:00"
generated_at: "2026-10-15T10:10:17.071207+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# SkyAI to launch $3.00 cash tender for up to 95% of shares and warrants, a 65% premium to Oct 9 close

## Summary
- Tender offer at $3.00 in cash per share or warrant covers up to 95% of each class: common stock, cash pre-funded warrants, cryptocurrency pre-funded warrants and strategic advisor warrants.
- $3.00 equals a 65% premium to SKYA's Oct 9, 2026 close and over 100% to its 60-day VWAP; mNAV multiple of roughly 0.95x on ~70.6M shares/warrants.
- Company holds ~$204.6M in cash and ~210,000 locked SOL as of Oct 14, 2026; recent SOL sales averaged $107.51 per SOL net via BitGo, Anchorage and Coinbase.
- Offer expires one minute after 11:59 p.m. New York time on October 29, 2026, subject to a minimum condition for each class; Schedule TO to be filed October 15 after market close.
- SkyAI expects to hold no SOL once the offer completes; MacKenzie Partners is information agent at (800) 322-2885.

## SEC filing metadata
- accession: 0001493152-26-047079
- form_type: 8-K
- ticker: STSS
- cik: 0001737995
- company_name: Sharps Technology Inc.
- filed_at: 2026-10-15T01:48:46+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1737995/000149315226047079/0001493152-26-047079-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1737995/000149315226047079/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-047079
- JSON: https://secwatch.observer/filing/0001493152-26-047079.json
- Plain text: https://secwatch.observer/filing/0001493152-26-047079.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.