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STSS raises capital through private placement at $6.50 per share

August 25, 2025 7:29 AM EDT

Sharps Technology Inc. (NASDAQ: STSS) entered into securities purchase agreements with accredited investors for a private placement offering on August 25, 2025, according to a company statement.

The offering includes common stock shares priced at $6.50 per share or pre-funded warrants at $6.4999 per warrant. Both options include stapled warrants to purchase additional common stock at an exercise price of $9.75 per warrant.

Investors can pay using U.S. dollars, USDC, or USDT cryptocurrency, or a combination of these payment methods. The company did not disclose the total amount being raised or the number of securities being offered in the private placement.

The securities purchase agreements were signed with multiple accredited investors as part of the private offering structure. Pre-funded warrants allow investors to purchase shares at a minimal exercise price, typically used when investors cannot purchase the full allocation of common stock directly.



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