---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-047520"
form_type: "8-K"
ticker: "STSS"
cik: "0001737995"
company_name: "Sharps Technology Inc."
filed_at: "2026-10-19T13:14:19+00:00"
generated_at: "2026-10-19T13:15:10.358482+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SkyAI launches $3.00 cash tender for up to 95% of shares and warrants, ~$201.3M if fully subscribed

## Summary
- Offer covers up to 48,311,489 common shares, 4,880,734 cash pre-funded warrants, 9,939,850 cryptocurrency pre-funded warrants and 3,955,293 strategic warrants.
- Purchase price is $3.00 per share or warrant in cash; warrants are paid $3.00 less their $0.0001 exercise price; offer expires Oct. 29, 2026 unless extended.
- SkyAI held ~$223.8M cash as of Oct. 16, 2026 and has sold all SOL; the offer is no longer conditioned on SOL price and has no financing condition.
- If fully subscribed, aggregate purchase price is ~$201.3M, or ~0.95x mNAV based on ~70.6M shares/warrants outstanding and ~$223.8M net cash.
- Each class has a separate 50% minimum tender condition; over-tendered classes are bought pro rata, and SkyAI intends to remain Nasdaq-listed and SEC-registered.

## SEC filing metadata
- accession: 0001493152-26-047520
- form_type: 8-K
- ticker: STSS
- cik: 0001737995
- company_name: Sharps Technology Inc.
- filed_at: 2026-10-19T13:14:19+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1737995/000149315226047520/0001493152-26-047520-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1737995/000149315226047520/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-047520
- JSON: https://secwatch.observer/filing/0001493152-26-047520.json
- Plain text: https://secwatch.observer/filing/0001493152-26-047520.txt

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