Sharps Technology Secures SC Asset Purchase Exclusivity with $1 Million Escrow Deposit [Yahoo! Finance]
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Sharps Technology Inc. (STSS)
Company Research
Source: Yahoo! Finance
Closing on the Asset Purchase and the Syringe Sales Agreement, for product orders totaling over $200 million for the first five years of operation, is expected within the next 60 days. Based on the most likely timeframe, product shipments from the SC facility are planned to begin by Q2 of 2025. NEW YORK, June 05, 2024 (GLOBE NEWSWIRE) -- Sharps Technology, Inc. , (NASDAQ: “STSS” and “STSSW”), an innovative medical device and pharmaceutical packaging company offering patented, best-in-class syringe products, has transferred a $1 million escrow deposit for the exclusive rights to purchase the InjectEZ assets from Nephron Pharmaceuticals in West Columbia, South Carolina. Sharps Technology recently signed the Asset Purchase Agreement and an accompanying five-year, $200 million syringe Sales Agreement with Nephron. Through these agreements that are expected to close within the next 60 days, although there can be no assurance, Sharps will become the first fully dedicated, specialized p
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News
- Sharps Technology Ships First Orders for Securegard Disposable Smart Safety Syringes to Strategic Distribution Partner in ColombiaGlobeNewswire
- Join Sharps Technology's Exclusive Live Investor Webinar and Q&A Session on June 18 [Yahoo! Finance]Yahoo! Finance
- Join Sharps Technology’s Exclusive Live Investor Webinar and Q&A Session on June 18GlobeNewswire
- Sharps Technology Receives $30 Million Purchase Order for Prefillable Copolymer Syringes to be Manufactured at SC Facility [Yahoo! Finance]Yahoo! Finance
- Sharps Technology Receives $30 Million Purchase Order for Prefillable Copolymer Syringes to be Manufactured at SC FacilityGlobeNewswire
STSS
Sec Filings
- 6/26/24 - Form DEF
- 6/25/24 - Form PRER14A
- 6/17/24 - Form 8-K
- STSS's page on the SEC website