SharonAI Holdings Inc. 8K

SharonAI Holdings Inc. closed an oversubscribed US$1.6 billion private placement of equity, pre-funded warrants, and 4.75% Convertible Senior Notes due 2032 to fund a major NVIDIA-based AI infrastructure buildout and expansion.

On June 29, 2026, SharonAI Holdings Inc. announced the closing of an oversubscribed US$1.6 billion strategic private placement financing, consisting of approximately US$900 million from a private placement of 6,719,896 Class A ordinary shares and pre-funded warrants to purchase 6,374,823 Class A ordinary shares, and US$700 million aggregate principal amount of 4.75% Convertible Senior Notes due 2032 sold to qualified institutional buyers under Rule 144A. The financing was anchored by Situational Awareness L.P. and funds managed by Oaktree Capital Management, L.P., along with other institutional and strategic investors, and the company plans to use the proceeds primarily to support its six-year strategic compute collaboration with NVIDIA to deploy one of Australia’s largest AI factories, including up to 40,000 Grace Blackwell GB300 GPUs, and to fund broader expansion. Goldman Sachs & Co. LLC served as lead placement agent, Lucid Capital Markets as placement agent, Macquarie Capital as financial advisor, and Sheppard Mullin Richter & Hampton LLP as legal counsel to Sharon AI in connection with the transaction.

Filing Facts

CIK

2068385

Ticker

-

Form

8K

Source Type

sec

Accession

0001493152-26-030417

Alert Tier

8