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Wednesday, August 17, 2022

Equity Corporate Actions Alert #2022 - 211
(UPDATED: Merger effective) Information Regarding the Tender Offer of Sharps Compliance Corp. (SMED)

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  • Industry Announcement

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The tender offer by Raven Houston Merger Sub, Inc. a wholly-owned subsidiary of Raven Buyer, Inc. to acquire all of the outstanding common stock of Sharps Compliance Corp. (SMED) expired one minute after 11:59 p.m. ET, on August 19, 2022. The subsequent merger closed prior to the market open on August 23, 2022. In anticipation of the closing, the stock was halted immediately following the after-hours session at 8 p.m. on August 22, 2022. The stock will remain halted on the day of closing (August 23rd) and will be suspended effective August 24, 2022. The details are as follows:

Company/Issue: Sharps Compliance Corp. Common Stock
CUSIP#: 820017101
Symbol: SMED
Last Trading Date: August 22, 2022
Marketplace Effective Date for Suspension: August 24, 2022
Merger Consideration: $8.75 for each share held.

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