IPO - Sharps Technology Inc.

Form Type: 8-K

Filing Date: 2025-01-30

Corporate Action: Ipo

Type: New

Accession Number: 000149315225004282

Filing Summary: On January 28, 2025, Sharps Technology, Inc. executed a public offering of share units at a public offering price of $1.40 per unit comprising one share of common stock and two series of warrants. The public offering totaled 14,285,714 units and 10,833,500 pre-funded units, raising approximately $18,200,000 net proceeds after fees. The offering signifies the company's growth strategy and intention to utilize the proceeds for debt repayment and general corporate purposes. The offering closed on January 29, 2025, and the Company is considered an emerging growth organization. The documents pertaining to this offering can be found in the appended exhibits.

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Form Type: 424B4

Filing Date: 2025-01-29

Corporate Action: Ipo

Type: New

Accession Number: 000149315225004100

Filing Summary: Sharps Technology Inc. is initiating an initial public offering (IPO) of a total of 14,285,714 units, with each Unit comprising one share of common stock and two warrants (Series A and Series B Warrants). The offering price for each Unit is set at $1.40, excluding the additional warrant purchase price. There are also 10,833,500 Pre-Funded Units available, which consist of a pre-funded warrant, a Series A Warrant, and a Series B Warrant, priced slightly lower than the regular Units. Each warrant has an exercise price of $1.750, which represents a 125% premium to the offering price. The Series A Warrants will be valid for five years from approval, while the Series B Warrants will expire in 2.5 years. The company plans to use the proceeds for general corporate purposes, including the repayment of senior notes and enhancing working capital. The delivery of the securities is expected to be completed on January 29, 2025. Sharps Technology is currently listed on the Nasdaq under the ticker 'STSS'.

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Form Type: S-1MEF

Filing Date: 2025-01-28

Corporate Action: Ipo

Type: Update

Accession Number: 000149315225003892

Filing Summary: This document represents Amendment No. 4 to the Form S-1 registration statement for Sharps Technology, Inc. filed under the Securities Act of 1933. It outlines the issuer's intent to register additional units consisting of common stock and warrants for the public offering, in connection with the previously filed registration (No. 333-284237). The document indicates that the offering plans to commence as soon as the registration statement is declared effective. Specific details include disclosures related to the underwriting agreement, the registrant's classification as a non-accelerated and smaller reporting emerging growth company, and mentions of previously filed exhibits which provide additional context and legal opinions needed for the securities offered. The effective date of the initial registration was confirmed on January 27, 2025. The filing includes information regarding the agent for service, the company's executives, and the structure of the proposed offering, as well as various amendments to earlier agreements.

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Form Type: S-1/A

Filing Date: 2025-01-27

Corporate Action: Ipo

Type: Update

Accession Number: 000149315225003747

Filing Summary: Sharps Technology, Inc. filed Amendment No. 2 to its Form S-1 Registration Statement with the SEC on January 27, 2025. The amendment aims to update certain exhibits within the filing without modifying the preliminary prospectus. The registrant outlines necessary details regarding its status as a non-accelerated filer and smaller reporting company, alongside its identification as an emerging growth company. The filing includes a comprehensive list of exhibits, some of which incorporate previous versions filed under earlier registration numbers. Key documents such as the Certificate of Designation of Series A Preferred Stock and the Plan and Agreement of Merger are also referenced. The document indicates that the proposed sale of securities is expected to commence soon after the registration becomes effective, following SEC approval.

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Form Type: S-1/A

Filing Date: 2025-01-27

Corporate Action: Ipo

Type: Update

Accession Number: 000149315225003810

Filing Summary: This document is the third amendment of the registration statement on Form S-1 for Sharps Technology, Inc., filed with the SEC to register securities under the Securities Act of 1933. The amendment updates Item 16 to include a revised Exhibit 107, and reaffirms that this amendment does not alter any portion of the preliminary prospectus in Part I. The document specifies the company's details including its incorporation in Nevada, the addresses for its principal executive offices, and identifies Robert M. Hayes as the Chief Executive Officer. It provides details on the nature of securities being registered, indicating the intention to commence public sales promptly after the registration statement becomes effective. Sharps Technology is classified as a non-accelerated filer and a smaller reporting company. The amendment does not include any financial statement schedules since that information is either unnecessary or incorporated in previously filed statements. Multiple exhibits relating to the equity incentive plans and other agreements are referenced throughout the document, emphasizing the structure of the corporate formation and compliance with SEC standards.

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Form Type: S-1/A

Filing Date: 2025-01-22

Corporate Action: Ipo

Type: Update

Accession Number: 000149315225003225

Filing Summary: Sharps Technology Inc. filed an amendment (S-1/A) to its registration statement for an initial public offering (IPO). The document includes updates to financial statements pertaining to revenue, expenses, and projections for the upcoming fiscal periods. It outlines the company’s business strategies, potential risks, and expansion plans that are expected to drive growth. Notable sections discuss various stock issuances, options, and warrant agreements including details on existing securities, reverse stock splits, and the anticipated timeline for the IPO process. Updates also cover compliance with SEC regulations, including changes to management and corporate governance practices in preparation for the public offering.

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Form Type: S-1

Filing Date: 2025-01-10

Corporate Action: Ipo

Type: New

Accession Number: 000149315225001790

Filing Summary: Sharps Technology Inc. has filed Form S-1 to initiate its initial public offering (IPO). The document outlines the company's business model, financial performance, and intended use of proceeds from the IPO. Sharps Technology aims to enhance its market position through increased capital allocation for growth initiatives such as expanding product offerings, enhancing technological capabilities, and entering new markets. The filing describes the competitive landscape, risk factors, and management team, emphasizing the experience and strategic vision driving the company's direction. Key financial metrics are presented, indicating historical revenue, profit margins, and projected growth rates. The prospectus includes detailed disclosures on shareholder rights, offering structure, pricing strategies, and anticipated timeline for the public offering.

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