-
Signature
-
/s/ Paul K. Danner
-
Issuer symbol
-
STSS
-
Transactions as of
-
15 Jul 2025
-
Transactions value $
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$100
-
Form type
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4
-
Filing time
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18 Jul 2025, 14:48:21 UTC
Reporting Owners (1)
| Name |
Relationship |
Address |
Signature |
Signature date |
CIK |
| DANNER PAUL K |
Director |
C/O SHARPS TECHNOLOGY, INC., 105 MAXESS ROAD, STE. 124, MELVILLE |
/s/ Paul K. Danner |
18 Jul 2025 |
0001179803 |
Transactions Table
| Type |
Sym |
Class |
Transaction |
Value $ |
Shares |
Change % |
* Price $ |
Shares After |
Date |
Ownership |
Footnotes |
| transaction |
STSS |
Series B Preferred Stock |
Purchase |
$100 |
+5 |
|
$20 |
5 |
15 Jul 2025 |
Direct |
|
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Remarks:
On July 16, 2025, Sharps Technology, Inc. (the "Company") entered into a Subscription and Investment Representation Agreement (the "Subscription Agreement") with Paul K. Danner, its Executive Chairman, who is an accredited investor (the "Purchaser"), pursuant to which the Company agreed to issue and sell five (5) shares of the Company's Series B Preferred Stock, par value $0.001 per share (the "Preferred Stock"), to the Purchaser for an aggregate purchase price of $100.00, $20.00 per share of Preferred Stock. The sale closed on July 17, 2025. The Subscription Agreement contains customary representations and warranties and certain indemnification rights and obligations of the parties. Additionally, on July 16, 2025, the Company filed a certificate of designation (the "Certificate of Designation") with the Secretary of State of Nevada, effective 12:00 p.m. PDT, designating the rights, preferences, privileges and restrictions of the shares of Preferred Stock. The Certificate of Designation provides that each share of Preferred Stock will have 220,000 votes and will vote together with the outstanding shares of the Company's common stock as a single class exclusively with respect to a proposal to amend the Company's articles of incorporation, as amended, to increase the number of authorized shares of common stock of the Company.