Form 8-K - Current report
2023年7月15日 - 5:20AM
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xbrli:shares
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 20549
FORM
8-K
CURRENT
REPORT PURSUANT
TO
SECTION 13 OR 15(D) OF THE
SECURITIES
EXCHANGE ACT OF 1934
Date
of report (Date of earliest event reported): July 14, 2023
Sharps
Technology, Inc.
(Exact
Name of Registrant as Specified in Its Charter)
Nevada
(State
or Other Jurisdiction of Incorporation)
001-41355 |
|
82-3751728 |
(Commission
File
Number) |
|
(IRS
Employer
Identification
No.) |
105
Maxess Road, Melville, New York 11747
(Address
of Principal Executive Offices)
(631)
574 -4436
(Registrant’s
Telephone Number, Including Area Code)
(Former
Name or Former Address, if Changed Since Last Report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions (see General Instruction A.2. below):
☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
Common
Stock, $0.0001 par value |
|
STSS |
|
NASDAQ
Capital Market |
Common
Stock Purchase Warrants |
|
STSSW |
|
NASDAQ
Capital Market |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item
3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On
July 12, 2023, Sharps Technology, Inc. (the “Company”) received a notice (the “Notice”) from the staff of the
Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company
that it was not in compliance with Nasdaq Listing Rule 5550(a)(2) (the “Rule”) because it failed to maintain a minimum bid
price of $1.00 over the previous 30 consecutive business days dated May 26, 2023 to July 11, 2023. The Rules provide the company a compliance
period of 180 calendar days in which to regain compliance. If at any time during this 180 day period the closing bid price of the Company’s
security is at least $1 for a minimum of ten consecutive business days, the Staff will provide written confirmation of compliance and
this matter will be closed.
In
the event the Company does not regain compliance with the minimum bid price requirement within the 180 day automatic cure period, the
Company may be eligible for additional time. To qualify, the Company will be required to meet the continued listing requirement for market
value of publicly held shares and all other initial listing standards for Nasdaq, apart from the bid price requirement, and will need
to provide written notice of its intention to cure the deficiency during the second compliance period, by effecting a reverse stock split,
if necessary. If the Company meets these requirements, the Staff will inform the Company that it has been granted an additional 180 calendar
days. However, if it appears to Staff that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible,
the Staff will provide notice that its securities will be subject to delisting.
The
Company will continue to monitor the closing bid price of its Common Stock and will consider its available options to resolve the deficiency
and regain compliance with the Minimum Bid Price Requirement within the allotted compliance period.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
Date:
July 14, 2023
SHARPS
TECHNOLOGY, INC. |
|
|
|
/s/
Andrew Crescenzo |
|
Andrew Crescenzo |
|
Chief
Financial Officer |
|
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|
Entity Registrant Name |
Sharps
Technology, Inc.
|
Entity Central Index Key |
0001737995
|
Entity Tax Identification Number |
82-3751728
|
Entity Incorporation, State or Country Code |
NV
|
Entity Address, Address Line One |
105
Maxess Road
|
Entity Address, City or Town |
Melville
|
Entity Address, State or Province |
NY
|
Entity Address, Postal Zip Code |
11747
|
City Area Code |
631
|
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574 -4436
|
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Common
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|
Trading Symbol |
STSS
|
Security Exchange Name |
NASDAQ
|
Common Stock Purchase Warrants |
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Sharps Technology (NASDAQ:STSS)
過去 株価チャート
から 8 2024 まで 9 2024
Sharps Technology (NASDAQ:STSS)
過去 株価チャート
から 9 2023 まで 9 2024