FalconX-linked holders in Sharps Technology (STSS) sell stock and exercise warrants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sharps Technology major holder FalconX Holdings Limited and affiliated entities reported significant share activity. MNNC Capital Digital Asset Opportunities Master Fund LP and MNNC Capital Digital Opportunities BTC Master Fund LP sold a combined 769,320 shares of common stock on January 9 and 12, 2026 at prices around $1.93–$1.97 per share, reducing their indirect holdings in these funds to zero. On January 9, 2026, Solios, Inc., an affiliate of FalconX, exercised 461,538 cash pre-funded warrants with a $0.0001 exercise price into the same number of Sharps Technology common shares. The footnotes state that FalconX and its intermediate entities disclaim beneficial ownership except to the extent of their pecuniary interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 769,320 shares ($1,490,755)
Net Sell
6 txns
Insider
FalconX Holdings Ltd, Solios, Inc., FalconX Alpha, Inc., MNNC Capital Digital Asset Opportunities Master Fund LP, MNNC Capital Digital Opportunities BTC Master Fund LP, MNNC Capital GP LLC, Monarch Digital, Inc.
Role
10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner
Sold
769,320 shs ($1.49M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 192,307 | $1.9653 | $378K |
| Sale | Common Stock | 47,281 | $1.9653 | $93K |
| X | Cash Pre-Funded Warrants | 461,538 | $0.00 | -- |
| Sale | Common Stock | 269,321 | $1.9253 | $519K |
| Sale | Common Stock | 260,411 | $1.9253 | $501K |
| X | Common Stock | 461,538 | $0.0001 | $46.15 |
Holdings After Transaction:
Common Stock — 0 shares (Indirect, By MNNC Capital Digital Asset Opportunities Master Fund LP);
Cash Pre-Funded Warrants — 0 shares (Indirect, By Solios, Inc.)
Footnotes (1)
- The securities are held directly by MNNC Capital Digital Asset Opportunities Master Fund, LP ("MNNC Master Fund"). MNNC Capital GP LLC ("MNNC Capital GP") is the general partner of MNNC Master Fund and may be deemed to have voting and dispositive power with respect to the securities held by MNNC Master Fund. Monarch Digital, Inc. ("Monarch Digital"), a wholly owned direct subsidiary of FalconX Holdings Limited, owns a majority of the equity interests in MNNC Capital GP LLC. . Each of MNNC Capital GP, Monarch Digital and FalconX Holdings Limited disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose. The securities are held directly by MNNC Capital Digital Asset Opportunities BTC Master Fund, LP ("MNNC BTC Master Fund"). MNNC Capital GP is the general partner of MNNC BTC Master Fund and may be deemed to have voting and dispositive power with respect to the securities held by MNNC BTC Master Fund. Each of MNNC Capital GP, Monarch Digital and FalconX Holdings Limited disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose. These securities are held directly by Solios, Inc. FalconX Alpha, Inc. ("FalconX Alpha"), a wholly-owned direct subsidiary of FalconX Holdings Limited, is the sole stockholder of Solios, Inc. Each of FalconX Alpha and FalconX Holdings Limited disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purpose. The Pre-Funded Warrants have no expiration date.
FAQ
What happened to the Sharps Technology cash pre-funded warrants held by Solios, Inc.?
Solios, Inc. exercised 461,538 cash pre-funded warrants into 461,538 Sharps Technology common shares at an exercise price of $0.0001 per share on January 9, 2026. After this exercise, the Form 4 shows zero derivative securities remaining indirectly held by Solios, Inc.
Do FalconX and its affiliates claim full beneficial ownership of these Sharps Technology (STSS) shares?
FalconX Holdings Limited and its intermediate affiliates expressly disclaim beneficial ownership of the reported Sharps Technology securities, except to the extent of their pecuniary interest. The filing states that including these securities should not be viewed as an admission of beneficial ownership for Section 16 purposes.
Are the MNNC Capital and Solios holdings in Sharps Technology direct or indirect?
All reported holdings are indirect. The MNNC Capital funds directly hold Sharps Technology shares, while Solios, Inc. directly held the pre-funded warrants and resulting shares. FalconX and its other affiliates are upstream entities that may have voting power but file as indirect beneficial owners.