Saba Capital reports 10% stake in Sharps Technology (STSS) ownership
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Saba Capital Management, L.P. has filed an initial ownership report as a 10% owner of Sharps Technology Inc. (STSS) as of 01/09/2026. The filing shows indirect beneficial ownership of 1,656,635 shares of common stock.
Saba Capital also indirectly holds cash stapled warrants exercisable into 1,538,462 shares of common stock at an exercise price of $9.75, expiring on 11/04/2028, and pre-funded warrants for 388,462 shares of common stock at $6.50 per share, noted as expiring when exercised in full.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Saba Capital Management, L.P.
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Cash Stapled Warrants | -- | -- | -- |
| holding | Pre-Funded Warrants | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Cash Stapled Warrants — 1,538,462 shares (Indirect, -);
Pre-Funded Warrants — 388,462 shares (Indirect, -);
Common Stock — 1,656,635 shares (Indirect, -)
Footnotes (1)
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FAQ
What does the Form 3 filing for STSS by Saba Capital show?
The Form 3 shows Saba Capital Management, L.P. as a 10% owner of Sharps Technology Inc. (STSS), reporting indirect beneficial ownership of common stock and warrants.
What cash stapled warrants on STSS does Saba Capital hold?
Saba Capital indirectly holds cash stapled warrants for 1,538,462 shares of Sharps Technology common stock with an exercise price of $9.75, expiring on 11/04/2028.
What pre-funded warrants on STSS are reported in the Form 3?
The filing reports pre-funded warrants indirectly held for 388,462 shares of Sharps Technology common stock at an exercise price of $6.50 per share, which expire when exercised in full.
Is Saba Capital’s ownership in STSS direct or indirect?
All reported positions in the filing, including common stock, cash stapled warrants, and pre-funded warrants, are listed with indirect (I) beneficial ownership.
Does the Form 3 indicate any transactions or only holdings for STSS?
The Form 3 reflects holdings as of 01/09/2026 in common stock and warrants for Sharps Technology rather than reporting new purchase or sale transactions.