FalconX-affiliated entities reported significant holdings in Sharps Technology Inc. common stock and warrants on an initial Form 3. MNNC Capital Digital Asset Opportunities Master Fund LP holds 461,538 common shares and MNNC Capital Digital Opportunities BTC Master Fund LP holds 307,692 shares, both indirectly.
Through Solios, Inc., the group also indirectly holds cash and cryptocurrency stapled warrants and pre-funded warrants exercisable into Sharps common stock, including 4,871,192 shares underlying cryptocurrency stapled warrants at an exercise price of $9.75 and 4,871,192 shares underlying cryptocurrency pre-funded warrants at $0.0001, with the pre-funded warrants having no expiration date.
Sharps Technology, Inc. received a Schedule 13G from Bastion Trading Limited, Bastion Holdings Limited, and Wei Zhu reporting passive ownership of common stock. The Reporting Persons collectively report beneficial ownership of 3,615,046 shares of common stock, representing a 9.99% stake in the company. Due to EDGAR field limits, this percentage is shown as 9.9% on the cover pages.
Bastion Trading directly holds 1,428,394 common shares, as well as pre-funded warrants for up to 4,234,615 shares and additional warrants for up to 5,384,615 shares. These warrants are subject to a beneficial ownership blocker that prevents exercises which would push ownership above 9.99% of outstanding common stock. The ownership percentage is based on an estimated 34,000,000 shares outstanding plus 2,186,652 shares issuable upon warrant exercise within 60 days. The Reporting Persons certify the holdings are not for the purpose of changing or influencing control of Sharps Technology.
Sharps Technology, Inc. received an updated ownership report showing that funds advised by Saba Capital Management, together with related entities and Boaz R. Weinstein, beneficially own 3,050,450 shares of common stock and warrants, representing 9.99% of the class. The percentage is calculated using 28,995,402 shares outstanding as of December 15, 2025 plus 1,538,462 shares issuable upon exercise of certain warrants held by the reporting persons, as referenced in a recent prospectus.
The reporting group states that the securities are not held for the purpose or effect of changing or influencing control of Sharps Technology and are not part of any control-related transaction, other than activities solely in connection with a board nomination process allowed under relevant rules. Dividends and sale proceeds from these securities are payable to the funds and accounts advised by Saba Capital.
Saba Capital Management, L.P., a more than 10% owner of Sharps Technology Inc. (STSS), reported selling common stock in two transactions. On January 15, 2026, it sold 25,000 shares at $2.30 per share. On January 16, 2026, it sold an additional 12,182 shares at $2.37 per share.
After these sales, Saba Capital Management, L.P. beneficially owned 1,511,988 shares of Sharps Technology common stock, held indirectly. The filing notes that, as a result of the January 16, 2026 disposition, the reporting person now owns less than 10% of the issuer’s outstanding shares.
Sharps Technology, Inc. reported that on January 15, 2026 it entered into a 90-day lock-up agreement with Sol Markets, described as its strategic advisor. Under this agreement, Sol Markets agreed that for ninety days it will not offer, sell, pledge or otherwise dispose of any Sharps common stock or any securities that can be converted, exchanged or exercised into Sharps common stock that it beneficially owns or later acquires.
The company also noted that on January 16, 2026 it issued a press release announcing, among other items, its entry into this lock-up agreement. The lock-up terms are intended to temporarily restrict potential share sales by this advisor, and the full agreement and press release are included as exhibits to the report.
Sharps Technology, Inc. reported several corporate governance updates approved by its board of directors on January 15, 2026. The company adopted amended and restated bylaws that, among other changes, require stockholder actions to be taken at duly called meetings, introduce advance notice requirements for stockholder proposals and director nominations, and establish Nevada as the exclusive forum for certain legal actions.
The board also adopted an amended and restated Code of Business Conduct and Ethics, updating it for current governance, ethics, and compliance practices and streamlining overlapping company policies. In addition, the board approved charters for the Audit Committee, Compensation Committee, and Nominating Committee, formally setting out how these key board committees will operate.
Sharps Technology, Inc. filed a Definitive Proxy Statement asking shareholders to vote on four proposals at a special meeting, principally the approval to issue up to 49,673,120 shares of common stock upon exercise of outstanding Cryptocurrency Warrants and a separate approval for issuance upon exercise of Strategic Advisor Warrants. The filing lists board nominees and executive officers, including Paul K. Danner as Executive Chairman and Principal Executive Officer and Andrew R. Crescenzo as CFO. The statement notes the threshold rule that an issuance equaling or exceeding 20% of outstanding common stock requires shareholder approval. Specific beneficial ownership lines are summarized with individual directors and officers holding less than 1% each.
Sharps Technology Inc. filed a preliminary proxy statement for a special meeting addressing several proposals. Shareholders are asked to elect Annemarie Tierney as a director to serve until the 2026 annual meeting. The company seeks approval under Nasdaq Listing Rule 5635(a) to issue unspecified numbers of common shares upon the exercise of multiple warrant arrangements, including "Cryptocurrency Warrants," "Strategic Advisor Warrants," pre-funded warrants and stapled warrants; the exact share amounts are redacted or shown as placeholders. Other agenda items include adjournment and transacting other proper business at the special meeting. The filing lists named officers and directors including Paul K. Danner (Executive Chairman and Principal Executive Officer), Andrew R. Crescenzo (CFO), and Yuwen (Alice) Zhang (Chief Investment Officer and Director). Several sections and numeric details appear incomplete or redacted in the provided excerpt.
Sharps Technology, Inc. entered into a Controlled Equity Offering Sales Agreement allowing it to sell, from time to time, up to $236,605,575 of its common stock through at-the-market offerings. Cantor Fitzgerald & Co. will act as principal and sole designated sales agent, with Aegis Capital Corp. also named as an agent, and will receive a 3.0% commission on gross proceeds from each sale. The company is not obligated to sell any shares and may suspend or terminate the program at any time. Any shares sold will be issued under existing shelf registration statements on Form S-3 and a prospectus supplement dated September 2, 2025.
Sharps Technology, Inc. is registering an at-the-market program to sell up to $236,605,575 of common stock through Cantor Fitzgerald and Aegis. Shares may be issued from time to time on Nasdaq under symbol STSS at prevailing prices, with a 3% sales commission to the agents.
The company plans to use any proceeds for general corporate purposes and, importantly, to pursue a new Solana (SOL)-focused digital asset treasury strategy, including SOL acquisitions and staking. Recent PIPE financings using cash and SOL, large warrant packages, and new leadership hires support this shift, but also introduce substantial dilution risk and exposure to highly volatile cryptocurrency markets.