Sharps Technology announces continued listing on Nasdaq

Sharps Technology announced that the Company has secured approval from The Nasdaq Stock Market to maintain its listing. On September 9, 2024, Sharps Technology received a Determination Letter from Nasdaq confirming the Company’s continued listing on the Exchange. This follows the August 13, 2024, hearing with the Nasdaq Hearings Panel, where the Company presented its compliance plan. The Nasdaq Hearings Panel has granted the Company a brief exception to complete a reverse split and cure its bid price deficiency. Accordingly, the Company expects to complete a reverse stock split and regain compliance with the bid price rule within the exception period granted by the Panel.