{"id":827885,"date":"2025-03-20T07:06:20","date_gmt":"2025-03-20T11:06:20","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/sharps-technology-inc-reminds-shareholders-to-vote-before-important-shareholder-meeting-on-march-28-2025\/"},"modified":"2025-03-20T07:06:20","modified_gmt":"2025-03-20T11:06:20","slug":"sharps-technology-inc-reminds-shareholders-to-vote-before-important-shareholder-meeting-on-march-28-2025","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sharps-technology-inc-reminds-shareholders-to-vote-before-important-shareholder-meeting-on-march-28-2025\/","title":{"rendered":"Sharps Technology, Inc. Reminds Shareholders to Vote Before Important Shareholder Meeting on March 28, 2025"},"content":{"rendered":"

\nVoting ‘FOR’ the Proposed Stock Split is Crucial to Keep STSS Listed on Nasdaq and Prevent Delisting to the OTC Markets
\n<\/h2>\n
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NEW YORK, March 20, 2025 (GLOBE NEWSWIRE) — Sharps Technology, Inc. (Nasdaq: STSS) (the \u201cCompany\u201d or \u201cSharps\u201d), an innovative medical device and pharmaceutical packaging company offering patented, best-in-class syringe products, is reminding shareholders to vote their proxy in favor of the Company\u2019s proposal before the shareholder meeting, which is scheduled to be held on March 28, 2025, at 10:00 a.m. Eastern Time. Voting ‘FOR’ the reverse stock split of the Company\u2019s common stock is imperative for Sharps to maintain compliance with Nasdaq\u2019s minimum bid price requirement and ensure that the Company\u2019s common stock remains listed on Nasdaq and is not delisted to the OTC Markets.<\/p>\n

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\n If you require any assistance with voting your shares<\/em>
\n <\/strong>
\n , please contact our proxy solicitation firm at: ADVANTAGE PROXY, INC. | (877) 870-8565 | Email:\u00a0<\/em>
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\n ksmith@advantageproxy.com<\/em>
\n <\/a>
\n . <\/em>\n <\/p>\n

\n Robert M. Hayes, Chief Executive Officer, <\/strong>commented on the importance of having a positive shareholder vote:<\/strong> \u201cPlease take this important step to protect your investment by voting for the reverse stock split to help ensure that Sharps Technology\u2019s stock remains listed on Nasdaq. Maintaining a Nasdaq listing is crucial for ensuring strong liquidity and providing a broad range of investors the opportunity to trade the stock. If we do not receive the necessary votes, we will be delisted to the OTC Markets, where liquidity could decrease substantially, creating additional challenges for Sharps in meeting its critical goals. We thank the shareholders who have already voted in favor of the reverse stock split proposal and kindly ask those who have not yet voted to please cast their approval today.”<\/p>\n

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\n Understanding the Importance of a Positive Vote: <\/u>
\n <\/strong>\n <\/p>\n