SkyAI, Inc 8-K, filed Dec 23, 2025
SkyAI, Inc. (SKYA)
About this 8-K
SkyAI, Inc filed this 8-K on December 23, 2025, reporting on events of December 19, 2025.
Items reported
- Item 5.02: Director or officer change, or executive pay
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Effective December 19, 2025, Annemarie Tierney tendered her resignation as Independent Director of the Board of Directors (the “Board”) and member of the Audit Committee and the Compensation Committee of Sharps Technology, Inc. (the “Company”).
Ms. Tierney has raised concerns to management related to the potential conflicts of interests and related party transactions of the Company with Sol Edge Limited, our Consultant, and Sol Markets, our Strategic Advisor. The Company has previously disclosed that each are a related party and both wholly-owned and controlled by James Zhang, the brother of Alice Zhang, our Chief Investment Officer and director.
Additionally, each of Ms. Zhang, Paul Danner, our Executive Chairman, and Andrew Crescenzo, our Chief Financial Officer, will sit on our Treasury Oversight Committee. The Treasury Oversight Committee has direct oversight over the Consultant and Strategic Advisor. The Consultant and Strategic Advisor will each have a material influence on the operation and management of our digital asset treasury strategy by providing consulting and related services to us with respect to our Treasury Management Policy and Guidelines and strategic advice and guidance relating to our business, operations, growth initiatives and industry trends in the crypto technology sector, respectively.
Ms. Zhang’s husband Jason Hu is a senior member of the team at the Consultant that manages our digital assets.
Ms. Tierney was provided a copy of the disclosures made herein no later than the date of filing on this Form 8-K and has been provided with the opportunity to furnish the Company with a letter addressed to the Company stating whether or not she agrees with the statements made herein. Any letter received by the Company from Ms. Tierney will be filed as an exhibit to this form 8-K by way of amendment within 3 business days of receipt.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| Sharps Technology, Inc. | ||
| Dated: December 23, 2025 | By: | /s/ Paul K. Danner |
| Name: | Paul K. Danner | |
| Title: | Principal Executive Officer | |