SCHEDULE 13G/A: Bank of America Files Amended 13G, Reports Zero Beneficial Ownership in Sharps Technology Inc.

Bank of America Corporation has filed an amended Schedule 13G, reporting zero beneficial ownership in Sharps Technology Inc.'s common stock as of May 31, 2025.

Summary

• Bank of America Corporation filed an Amendment No. 1 to Schedule 13G concerning Sharps Technology Inc. common stock.
• The filing indicates that Bank of America Corporation and its subsidiaries, including BofA Securities, Inc., beneficially own 0.00 shares of Sharps Technology Inc. common stock.
• This aggregate amount represents 0.0% of the class of securities.
• The event date requiring this filing was May 31, 2025, and the filing was signed on June 6, 2025.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing (Schedule 13G Amendment) reporting beneficial ownership. It contains no financial performance data, strategic updates, or forward-looking statements that would indicate a positive or negative sentiment for the issuer. The 0% ownership is a factual disclosure.

Positives

• The filing demonstrates Bank of America's compliance with SEC disclosure requirements for beneficial ownership.
• Provides transparency to the market regarding institutional holdings in Sharps Technology Inc. by Bank of America.

Negatives

• The filing indicates that Bank of America Corporation does not hold a significant beneficial ownership stake (0.0%) in Sharps Technology Inc., which may suggest a lack of significant institutional investment from this entity.

Future Outlook

The document does not contain any forward-looking statements or guidance regarding Sharps Technology Inc.'s future performance or strategic outlook.

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11."

Industry Context

This Schedule 13G filing is a routine regulatory disclosure by a major financial institution. It provides specific information about Bank of America's beneficial ownership in Sharps Technology Inc., indicating that Bank of America does not hold a significant stake. This type of filing does not offer broader industry trends or competitive analysis for Sharps Technology Inc.'s sector.

Stakeholder Impact

• Shareholders: Provides transparency regarding the beneficial ownership status of Sharps Technology Inc.'s common stock by Bank of America Corporation, confirming no significant institutional stake from this entity.

Key Dates

Keywords

Sharps Technology Inc., Bank of America, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Institutional Ownership