SCHEDULE: Saba Capital Discloses 5.93% Stake in Sharps Technology

Saba Capital Management, L.P. and affiliates have disclosed a 5.93% beneficial ownership stake in Sharps Technology, Inc., comprising common stock and warrants.

Summary

• Saba Capital Management, L.P., Saba Capital Management GP, LLC, and Boaz R. Weinstein (collectively, the "Reporting Persons") have reported beneficial ownership of Sharps Technology, Inc. securities.
• The Reporting Persons collectively own 1,741,214 shares of Common Stock, including shares issuable upon the exercise of certain warrants.
• This ownership represents 5.93% of Sharps Technology, Inc.'s class of Common Stock.
• The percentage is calculated based on 28,995,402 shares outstanding as of December 15, 2025, plus 388,462 shares issuable from warrants held by the Reporting Persons.
• The Reporting Persons hold shared voting power and shared dispositive power over all 1,741,214 shares.
• The filing indicates that the securities were not acquired and are not held for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: The filing is a standard disclosure of beneficial ownership, indicating a neutral sentiment as it primarily provides factual information without expressing positive or negative opinions on the company's performance or outlook.

Future Outlook

The filing does not contain any forward-looking statements or guidance from Sharps Technology, Inc. or the Reporting Persons regarding the issuer's future performance.

Industry Context

This Schedule 13G filing indicates a passive investment by Saba Capital Management, a prominent hedge fund, in Sharps Technology, Inc. Such disclosures are common for institutional investors crossing the 5% ownership threshold and typically reflect a belief in the long-term value of the company without an intent to influence management or control.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional investor holding a 5.93% stake may be viewed positively by other shareholders, signaling confidence in the company's prospects.
• Management: Management may view this as a vote of confidence, though the passive nature of the investment (Rule 13d-1(c)) suggests no immediate intent to engage in activist activities.

Key Dates

Keywords

Sharps Technology, Saba Capital Management, Beneficial Ownership, Schedule 13G, Common Stock, Warrants, Institutional Investor, Equity Stake