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Sharps Technology plans to buy back $100 million worth of shares

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2025-10-02 15:29:08
Sharps Technology, a SOL treasury company, plans to repurchase $100 million worth of outstanding common stock. This new share repurchase program will enable the company to repurchase its shares in open market and negotiated transactions, the company said in a statement.
The Nasdaq-listed small-cap medical device company said in August that it planned to become "the largest SOL digital asset pool" and launched a private equity financing (PIPE) transaction worth more than $400 million. Several investors, including ParaFi Capital and Pantera Capital, participated in the transaction.
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