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Sharps Technology Announces Reverse Stock Split

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Sharps Technology Announces Reverse Stock Split

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An update from Sharps Technology, Inc. ( (STSS) ) is now available.

On April 24, 2025, Sharps Technology announced a 1-for-300 reverse stock split of its common stock, effective April 27, 2025, to comply with Nasdaq’s minimum bid price requirement. This move, enacted by the Board without shareholder approval, reduces authorized common shares and aims to maintain the company’s Nasdaq listing.

More about Sharps Technology, Inc.

Sharps Technology is an innovative medical device and pharmaceutical packaging company that specializes in patented smart-safety syringe products for the healthcare industry. The company’s product lines focus on ultra-low waste capabilities and incorporate syringe technologies with both passive and active safety features. Additionally, Sharps offers products designed with specialized copolymer technology for the prefillable syringe market segment and operates a manufacturing facility in Hungary.

YTD Price Performance: -99.00%

Average Trading Volume: 105,267,693

Technical Sentiment Signal: Buy

Current Market Cap: $349.5K

See more data about STSS stock on TipRanks’ Stock Analysis page.

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