MobiHealth News August 29, 2025
The company closes a $400 million private placement, with potential proceeds of $1 billion, and announces plans to establish a Solana-based digital asset treasury strategy.
Sharps Technology, a medical device and pharmaceutical packaging company that offers smart safety syringe products, announced the closing of a private placement of more than $400 million and the launch of a digital asset treasury strategy, with the principal holding being the cryptocurrency SOL.
The company previously announced the private placement offering of common stock and stapled warrants with a purchase price of $6.50 per unit. At the closing, the transaction generated more than $400 million, with an additional $600 million possible if all warrants are exercised, increasing the potential total proceeds to $1...
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