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09/10/25 4:30 PM

#423 RE: Prudent Capitalist #422

Sharps Technology and Pudgy Penguins Announce Strategic Partnership
NEW YORK, Sept. 10, 2025 /PRNewswire/ -- Sharps Technology ("Sharps Technology" or the "Company") (NASDAQ: STSS), a leading publicly listed Solana treasury, and Pudgy Penguins, the globally recognized Web3 brand, today announced a strategic partnership to bring exposure and connectivity to the Solana digital asset treasury space.


Pudgy Penguins has emerged as one of the most iconic and innovative brands in crypto—often called the internet's Mickey Mouse and Asia's $DOGE. With more than 220 billion content views and partnerships with major names including NASCAR, Walmart, and Lotte, Pudgy Penguins continues to bridge blockchain innovation with mainstream culture. Institutional recognition of the brand has also grown, highlighted by Canary's recent PENGU ETF filing.

The partnership represents another milestone for the team at STSS as it executes its highly differentiated digital asset treasury strategy. The Company recently acquired over two million SOL, valued north of $400 million and funded through a private investment in public equity (PIPE) transaction led by Cantor Fitzgerald & Co.

"We're excited to be collaborating with STSS, who have built one of the most institutionally recognized Solana treasuries in the market," said Luca Netz, CEO of Pudgy Penguins. "Verticalizing attention is important to the Pudgy Penguins thesis, and working with forward-thinking firms who see the value in culture, like STSS, will help accelerate the institutional adoption of Pudgy Penguins."

Through this collaboration, Pudgy Penguins' world-class IP will be integrated with STSS's institutional-grade Solana treasury, creating new opportunities for both retail and institutional audiences to engage with the Pudgy Penguins brand.

"Pudgy Penguins is one of the most widely recognized brands in Web3 and a cultural phenomenon that has captured millions globally," said James Zhang, Strategic Advisor to STSS. "Our partnership will create new and exciting ways for a broader audience to participate in the digital asset space."