Form 4: FalconX Entities Adjust Sharps Technology Holdings

FalconX Holdings Ltd and its affiliated entities reported significant changes in their beneficial ownership of Sharps Technology Inc. common stock and warrants, including both sales and an acquisition of pre-funded warrants.

Summary

• FalconX Holdings Ltd, through its affiliates, reported multiple transactions in Sharps Technology Inc. (STSS) securities.
• On January 9, 2026, MNNC Capital Digital Asset Opportunities Master Fund LP sold 269,321 shares of common stock at $1.9253 per share.
• On the same date, MNNC Capital Digital Opportunities BTC Master Fund LP sold 260,411 shares of common stock at $1.9253 per share.
• Also on January 9, 2026, Solios, Inc. acquired 461,538 shares of common stock and 461,538 cash pre-funded warrants, both at an acquisition/exercise price of $0.0001. The warrants have no expiration date and were exercisable as of October 14, 2025.
• On January 12, 2026, MNNC Capital Digital Asset Opportunities Master Fund LP sold its remaining 192,307 shares of common stock at $1.9653 per share, reducing its beneficial ownership to zero.
• Concurrently on January 12, 2026, MNNC Capital Digital Opportunities BTC Master Fund LP sold its remaining 47,281 shares of common stock at $1.9653 per share, also reducing its beneficial ownership to zero.
• The reporting persons, including FalconX Holdings Limited, FalconX Alpha, Inc., MNNC Capital GP LLC, and Monarch Digital, Inc., disclaim beneficial ownership except for their pecuniary interest.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as neutral as it primarily reflects an internal restructuring of holdings among FalconX-affiliated entities rather than a clear bullish or bearish signal on Sharps Technology Inc. from the broader FalconX group.

Positives

• Solios, Inc., an affiliate of FalconX Holdings, acquired 461,538 shares of common stock and an equal number of pre-funded warrants at a nominal price of $0.0001, indicating a strategic low-cost entry or conversion.
• The pre-funded warrants acquired by Solios, Inc. have no expiration date, providing long-term flexibility for conversion into common stock.

Negatives

• MNNC Capital Digital Asset Opportunities Master Fund LP and MNNC Capital Digital Opportunities BTC Master Fund LP, both affiliates of FalconX Holdings, fully divested their common stock holdings in Sharps Technology Inc. across two transactions on January 9 and January 12, 2026, at prices of $1.9253 and $1.9653 respectively.
• The net effect of the reported transactions appears to be a shift in holdings from certain FalconX-affiliated funds to another FalconX-affiliated entity (Solios, Inc.), rather than a clear net increase in overall beneficial ownership by the FalconX group, and a significant reduction in direct common stock holdings by the MNNC funds.

Future Outlook

Not applicable. This Form 4 filing does not contain forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that Form 4 filings provide transparency into insider and significant shareholder transactions, which can sometimes signal management's or large investors' confidence or concerns about a company's future prospects. In this case, the transactions represent a reallocation of holdings within the FalconX group rather than a clear net increase or decrease in their overall exposure to Sharps Technology Inc. This type of internal restructuring of holdings is common among large investment groups for various strategic or fund management reasons.

Related Party Transactions

• The transactions involve multiple entities (MNNC Capital Digital Asset Opportunities Master Fund LP, MNNC Capital Digital Opportunities BTC Master Fund LP, Solios, Inc.) that are ultimately controlled or significantly influenced by FalconX Holdings Limited.
• MNNC Capital GP LLC is the general partner for the MNNC Master Funds, and Monarch Digital, Inc. (a wholly-owned direct subsidiary of FalconX Holdings Limited) owns a majority of the equity interests in MNNC Capital GP LLC.
• FalconX Alpha, Inc. (a wholly-owned direct subsidiary of FalconX Holdings Limited) is the sole stockholder of Solios, Inc.
• These inter-company transactions represent a reallocation of beneficial ownership within the broader FalconX group.

Stakeholder Impact

• Shareholders: The transactions represent a shift in beneficial ownership within a major 10% owner group. The sale of common stock by the MNNC funds could be perceived negatively, while the acquisition of common stock and warrants by Solios, Inc. could be seen as positive, but the net effect on overall FalconX group exposure is unclear without further context.

Key Dates

Recommendation

The filing details an internal restructuring of holdings by FalconX-affiliated entities in Sharps Technology Inc. While some funds sold common stock, another affiliate acquired common stock and warrants at a nominal price. This suggests a strategic reallocation rather than a clear divestment or significant new investment by the overall FalconX group. Without further context on the rationale for these internal shifts, a 'hold' recommendation is appropriate, as the transactions do not provide a strong directional signal for the stock.

Keywords

Sharps Technology Inc., STSS, FalconX Holdings Ltd, Insider Trading, Form 4, Beneficial Ownership, Common Stock, Warrants, Stock Sales, Stock Acquisition, SEC Filing, Institutional Investor