Sharps Technology closes $410M private placement, launches Solana treasury; could raise up to $1B

Sharps Technology Inc.

Gross proceeds ~$410.9M from ~24.3M shares at $6.50 plus pre-funded/stapled warrants; additional $600M possible if all warrants exercised.
Launched Solana digital asset treasury strategy; current position over 2 million SOL; plans to acquire more in open market.
Non-binding LOI with Solana Foundation for $50M SOL at 15% discount to 30-day TWA price, subject to conditions.
Alice Zhang appointed CIO and Board member; brother James Zhang controls Strategic Advisor Sol Markets and Consultant Sol Edge; Strategic Committee formed.
Key investors include ParaFi, Pantera, FalconX, Phoenix Digital, RockawayX, and others.

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