Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest announcement is out from Sharps Technology, Inc. ( (STSS) ).
On August 25, 2025, Sharps Technology, Inc. entered into securities purchase agreements with accredited investors to raise approximately $410.88 million through private placement offerings. This capital will support the company’s Solana treasury strategy, focusing on acquiring SOL, the native digital asset of the Solana blockchain. The company also engaged Sol Markets and Sol Edge Limited for strategic advice and asset management, respectively, to enhance its operations in the crypto technology sector. The offerings, exempt from registration under the Securities Act, are aimed at funding Solana treasury operations and other corporate purposes, with Cantor Fitzgerald & Co. and Aegis Capital Corp. acting as placement agents.
More about Sharps Technology, Inc.
Average Trading Volume: 1,871,715
Technical Sentiment Signal: Sell
Current Market Cap: $13.86M
For detailed information about STSS stock, go to TipRanks’ Stock Analysis page.