Sharps Technology to effect 1-for-300 reverse stock split

TipRanks

Fri, Apr 25, 2025, 8:06 AM 1 min read

Sharps Technology (STSS) will effect a 1-for-300 reverse stock split of its common stock, par value $0.0001 per share, that will become effective on April 27, 2025 at 11:59 PM Eastern Time, before the opening of trading on The Nasdaq Capital Market. Sharps has requested that its Common Stock begin trading on April 28, 2025, on a post-reverse split basis on the Nasdaq under the existing symbol “STSS”. The reverse split is primarily intended to bring Sharps into compliance with the minimum bid price requirement for maintaining its listing on the Nasdaq. The new CUSIP number for the Common Stock following the reverse split will be 82003F309.

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