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Sharps Technology Settles Litigation with Asset Transfer

Story Highlights
  • Sharps Technology settled litigation with Barry Berler and others on October 6, 2025.
  • The settlement involves asset transfers, impacting Sharps Technology’s operations and market position.
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Sharps Technology Settles Litigation with Asset Transfer

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Sharps Technology, Inc. ( (STSS) ) has shared an update.

Sharps Technology, Inc. reached a settlement agreement on October 6, 2025, with Barry Berler and several entities including Plastomold Industries Ltd, resolving outstanding litigation. The agreement involves the transfer of certain assets and shares to Plasto Technology, with no admission of fault from any party. This settlement may impact Sharps Technology’s operational focus and asset distribution, potentially affecting its future market positioning.

More about Sharps Technology, Inc.

Average Trading Volume: 1,322,829

Technical Sentiment Signal: Sell

Current Market Cap: $178.9M

Find detailed analytics on STSS stock on TipRanks’ Stock Analysis page.

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