Sharps Technology Inc. filed a Form S-1 registration statement for an initial public offering on 2025-01-10. It has amended it 3 times. It filed its final prospectus on 2025-01-29, at a public offering price of $1.40 per share. Each fact below is quoted from the filing named with it.
What the filings say
Listing
Our common stock is quoted on the Nasdaq Capital Market under the symbol “STSS.” There is no established trading market for the Units, Pre-Funded Units, Warrants or Pre-Funded Warrants and we do not intend to list the Units, Pre-Funded Units, Warrants or Pre-Funded Warrants on any securities exchange or nationally recognized trading system.From the 424B4 filed 2025-01-29
Offering price
See “Description of Securities.” We are offering each Unit at a public offering price of $1.40 per Unit.From the 424B4 filed 2025-01-29
Use of proceeds
We intend to use the net proceeds to us from this offering for working capital and other general corporate purposes and to repay the principal amount of $4,174,658 in outstanding senior notes of the Company.From the 424B4 filed 2025-01-29
Net loss or income
We incurred net losses of $9,841,638 and $4,639,662 for the years ended December 31, 2023 and 2022, respectively and $4,769,774 for the nine months ended September 30, 2024.From the S-1/A filed 2025-01-22
Timeline
| Filed | What it is | Filing |
|---|---|---|
| 2025-01-10 | Registration statement filed | S-1 |
| 2025-01-22 | Registration statement amended | S-1/A |
| 2025-01-27 | Registration statement amended | S-1/A |
| 2025-01-27 | Registration statement amended | S-1/A |
| 2025-01-29 | Final prospectus filed: the offering is priced | 424B4 |
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Where this comes from
A company that wants to sell shares to the public in the United States files a registration statement with the SEC: Form S-1 for a US company, Form F-1 for a foreign one. It amends that statement as the figures and terms are filled in, usually adding the expected price range shortly before the offering. Once the offering is priced it files its final prospectus under Rule 424(b)(4). A company that decides not to go ahead can ask for the registration statement to be withdrawn on Form RW.
Every row on this page is one of those filings, linked to the filing itself. The facts are the company's own sentences, quoted from the filing named beside each one and never reworded; where no filing states a fact in a sentence that can be read exactly, this page leaves it out. A filing is the company's statement of its plans and its figures, not a verification of them, and nothing here is investment advice.