Sharps Technology, Inc. Price & Performance (STSSW)

Sharps Technology has executed a 1-for-300 reverse stock split effective April 27, 2025, drastically reducing its authorized shares from 500 million to roughly 1.67 million. This move is designed to elevate its share price above Nasdaq’s $1 minimum bid and avoid delisting, but signals ongoing financial distress and strategic uncertainty.123

Sharps Technology’s extreme reverse split means every 300 shares now equal one, with post-split trading beginning April 28. While the intent is to maintain Nasdaq eligibility, the company’s repeated reliance on such measures highlights persistent operational challenges, raising concerns about long-term viability despite short-term compliance.245

After regaining compliance with Nasdaq’s listing rules, Sharps Technology still contends with a battered stock price, weak financial health, and volatile investor sentiment. The recent reverse split may provide temporary relief, but fundamental improvements are needed to restore confidence and ensure sustainable market presence.678