0001493152-23-026177.txt : 20230801 0001493152-23-026177.hdr.sgml : 20230801 20230801090319 ACCESSION NUMBER: 0001493152-23-026177 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20230727 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20230801 DATE AS OF CHANGE: 20230801 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Sharps Technology Inc. CENTRAL INDEX KEY: 0001737995 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] IRS NUMBER: 823751728 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-41355 FILM NUMBER: 231129836 BUSINESS ADDRESS: STREET 1: 105 MAXESS ROAD STREET 2: STE. 124 CITY: MELVILLE STATE: NY ZIP: 11747 BUSINESS PHONE: (631) 574 -4436 MAIL ADDRESS: STREET 1: 105 MAXESS ROAD STREET 2: STE. 124 CITY: MELVILLE STATE: NY ZIP: 11747 8-K 1 form8-k.htm
0001737995 false 0001737995 2023-07-27 2023-07-27 0001737995 STSS:CommonStock0.0001ParValueMember 2023-07-27 2023-07-27 0001737995 STSS:CommonStockPurchaseWarrantsMember 2023-07-27 2023-07-27 iso4217:USD xbrli:shares iso4217:USD 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 27, 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 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

Effective July 27, 2023, Alan Blackman resigned from the Board of Directors (the “Board”) of Sharps Technology, Inc. (the “Company’), including as Co-Chairman of the Board. Pursuant to mutual agreement, Mr. Blackman will receive the equivalent of thirteen (13) months of salary under his employment agreement that was terminated effective May 1, 2023, together with Company paid for healthcare coverage benefits for this same duration of time, his options shall fully vest and he shall vote all of his Series A Preferred Stock as instructed by the Board. When all payments are satisfied, Mr. Blackman shall return the Series A Preferred Stock to the Company for cancellation.  The Company and Mr. Blackman exchanged mutual general releases.

 

 

 

 

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: August 1, 2023

 

  SHARPS TECHNOLOGY, INC.
   
  /s/ Andrew R. Crescenzo
  Andrew R. Crescenzo
  Chief Financial Officer

 

 

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