Sharps Technology Inc. (STSS): Nasdaq/NYSE listing notice — Sharps Technology receives Nasdaq deficiency notice for stockholders' equity below $2.5M requirement

Sharps Technology Inc.

Stockholders' equity of $1,996,129 as of Dec 31, 2024, below $2.5M minimum for continued listing.
Company also fails alternative compliance metrics: market value of listed securities or net income.
Already in Nasdaq hearings for minimum bid price non-compliance; this adds separate delisting basis.
Company will present compliance plan at hearing; common stock and warrants remain listed pending decision.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.95

Sharps Technology Inc. received a nasdaq deficiency notice notice regarding stockholders equity.

Exchange: nasdaq
Notice: deficiency notice
Deficiency: stockholders equity

Exact text from the filing

April 3, 2025, Sharps Technology Inc. (the “ Company ”), was notified by the staff (the “ Staff ”) of The Nasdaq Stock Market, LLC (“ Nasdaq ”) that it was not in compliance with the $2,500,000 stockholders’ equity requirement for continued listing (the “ Rule ’) on The Nasdaq Capital Market. As reported in our Form 10-K for the fiscal year ended December 31, 2024, we reported stockholders’ equity of $1,996,129, and as of today, the Company does not meet the alternatives of market value of listed securities or net income from continuing operations. As the Company is already in the hearings pro

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5 listing & compliance notices filed in the last 30 days. Browse all listing & compliance notices →

Sharps Technology Inc. filing history →

Source: SEC EDGAR

accession 0001641172-25-002801

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