SkyAI, Inc.

On October 11, 2026, SkyAI, Inc. (“SKYAI”) announced its current intention to commence a cash tender offer (the “Offer”) to purchase up to 95% of each class of its outstanding common stock, cash pre-funded warrants, cryptocurrency pre-funded warrants and strategic advisor warrants at a purchase price of $3.00 per share in cash. The Offer is currently expected to commence on or about October 15, 2026 and SKYAI anticipates that it will continue for 10 business days, unless extended or earlier terminated in accordance with the terms of the Offer. The Offer will be contingent upon subscription of a minimum of 50% of each class being validly tendered and not validly withdrawn, and on the price of SOL remaining above $100 per SOL during the Offer period.

Attached as Exhibit 99.1 and incorporated by reference herein is a copy of SKYAI’s press release, dated October 11, 2026, announcing SKYAI’s current intention to commence the Offer.

As of the date of this report on Form 8-K, SKYAI retains approximately 600,000 SOL and has approximately 80% of the cash required for the Offer.

SkyAI, Inc., a Nevada corporation (the “Company”) previously announced that its Board of Directors (the “Board”) formed a special committee consisting solely of independent directors (the “Special Committee”) to review and evaluate an unsolicited, non-binding proposal (the “Proposal”) from Forward Industries, Inc. (“Forward”) regarding a potential all-stock business combination. Following its review and evaluation, both the Special Committee and the Board unanimously concluded that the Proposal was not in the best interests of the Company’s shareholders and that the Company is not pursuing a transaction at this time.

● Rebrand to SkyAI, Inc. to reflect evolution of the business to build a global agentic finance platform

● Opened operational headquarters in Hong Kong, a global hub for financial technology innovation and a base for licensing and world-class talent

NEW YORK, May 27, 2026 (GLOBE NEWSWIRE) — Sharps Technology, Inc. (“STSS”) today announced a strategic evolution of its business model - now building an agentic finance platform serving the Global South. In connection with this expansion, the Company has rebranded as SkyAI, Inc. (“SkyAI” or the “Company”) and the Company expects its common stock will cease trading under the symbol “STSS” and will commence trading on the Nasdaq under the new ticker symbol “SKYA,” effective May 28, 2026.

The multi-phase buildout is already underway The Company has opened its headquarters for overseas operations in Hong Kong, a global hub for financial technology innovation. The Hong Kong office will be SkyAI’s operational center, where the Company will be securing relevant licensing as well as recruiting world-class engineering and business development talent.

On May 22, 2026, SkyAI, Inc., a Nevada corporation (the “Company”) entered into an employment agreement (the “Agreement”) with Arthur Levine, pursuant to which Mr. Levine was appointed as the Chief Financial Officer of the Company, effective immediately.

Mr. Levine, age 68, has been serving as the interim Chief Financial Officer of the Company since February 2026. Mr. Levine has provided fractional and interim consulting services from 2023 to 2026 to companies in various industries at various stages of growth. From March 2021 to July 2023, Mr. Levine served as the Chief Financial Officer of NextNRG, Inc (f.k.a EzFill Holdings) (NASDAQ: NXXT), a mobile fueling company. From 2014 to 2020, Mr. Levine served as the Chief Financial Officer of Sensus Healthcare (NASDAQ: SRTS), a medical device company. Mr. Levine received his Bachelor of Science degree from The Wharton School of the University of Pennsylvania and is a Certified Public Accountant.

Pursuant to the Agreement, Mr.

The information set forth in Items 5.02 is incorporated by reference in this Item 1.01.

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On February 13, 2026 Sharps Technology, Inc. (the “Company”) entered into a fee agreement with DLA, LLC (“DLA”), pursuant to which the Company appointed Arthur Levine as interim Chief Financial Officer of the Company for an initial term of three months, effective February 17, 2026, which may be extended at the sole discretion of the Company. The Company shall pay $450 per hour to DLA for Mr. Levine’s services.

Mr. Levine, age 68, has provided fractional and interim consulting services from 2023 to 2026 to companies in various industries at various stages of growth. From March 2021 to July 2023, Mr. Levine served as the Chief Financial Officer of NextNRG, Inc (f.k.a EzFill Holdings) (NASDAQ: NXXT) a mobile fueling company. From 2014 to 2020, Mr. Levine served as the Chief Financial Officer of Sensus Healthcare (NASDAQ: SRTS), a medical device company. Mr.

NEW YORK, Jan. 16, 2026 (GLOBE NEWSWIRE) — Sharps Technology, Inc. (NASDAQ: STSS) today announced that it has entered into a 90-day lock-up agreement with SOL Markets (the “Strategic Advisor”), pursuant to which SOL Markets has agreed to restrict sales of its advisory warrants and any underlying shares. The lock-up reflects strong conviction in STSS’s execution roadmap and reinforces alignment between the parties. This comes after the company’s recent announcement that its Board of Directors approved a share buyback program for up to $100 million.

Under the terms of the agreement, the Strategic Advisor has voluntarily agreed not to sell, transfer, assign, pledge, hedge, or otherwise dispose of any warrants or underlying shares of STSS common stock for a period of 90 days from the date of signing this agreement. The lock-up arrangement applies to all warrants and underlying shares held by SOL Markets that were issued in connection with advisory and strategic support services and is effective as of January 16, 2026.

AMENDED AND RESTATED AUDIT COMMITTEE CHARTER

Adopted: January 15, 2026

I. Purpose.

The purpose of the Audit Committee (the “Committee”) of the Board of Directors (the “Board”) of Sharps Technology, Inc. , a Nevada corporation (the “Corporation”), is to assist the Board with oversight of the Corporation’s accounting and financial reporting processes and the audit of the Corporation’s financial statements.

The primary role of the Committee is to oversee the Corporation’s financial reporting and disclosure process. To fulfill this obligation, the Committee relies on: (i) the Corporation’s executive officers and their employee designees (referred to herein as “management”) for the preparation and accuracy of the Corporation’s financial statements; (ii) both management and the Corporation’s personnel responsible for establishing effective internal controls and procedures to ensure the Corporation’s compliance with accounting standards, financial reporting procedures and applicable laws and regulations; and (iii) the Corporation’s independent auditors for an unbiased, diligent audit or review, as applicable, of the Corporation’s financial statements and the effectiveness of the Corpo