US Market News
2週前
Sharon AI Appoints Mr. Andrew Penn as Chairman of the Board of DirectorsMay 21, 2026 7:24 AM
Business Wire Today, SharonAI Holdings Inc. (NASDAQ:SHAZ) and its subsidiaries (“Sharon AI” or “the Company”), a leading Australian Neocloud, announced the appointment of Mr. Andrew Penn AO as Non-Executive Chairman of the Board of Directors. Mr. Penn is a global business and technology leader with deep and broad expertise across financial, technology, telecommunications, digital and physical infrastructure. “I am excited to join the board at such a pivotal and exciting time. I look forward to leveraging my experience to help Sharon AI shape its strategic goals and expand its impact in the coming years,” said Andrew Penn. Mr. Penn is a Non Executive Director and Chair of the Audit and Risk Committee of the Coles Group (ASX:COL) and Chair of Visit Victoria. He is also a Senior Adviser with McKinsey & Company. Mr. Penn was formerly the CEO of Telstra (2015-2022) (ASX:TLS), CEO of AXA Asia Pacific Holdings (2006-2011) and Chair of the Expert Advisory Boards for Australia’s 2020 and 2023 National Cyber Security Strategies. Mr. Penn was named an Officer of the Order of Australia (AO) in the 2023 Australia Day honours for distinguished services to business, charitable organisations, youth and the arts. “We are delighted that Mr. Penn has joined the Sharon AI board of directors as Chairman as we enter our next phase of growth. His expertise across technology, telecommunications, digital and physical infrastructure, in addition to his proven track record of successfully guiding technology businesses through periods of rapid growth will add significant value to our business,” said James Manning, Co-founder and CEO at Sharon AI. Disclosure Information Sharon AI primarily uses its Investor Relations page (https://sharonai.com/investors/) to disclose material non-public information and to comply with its disclosure obligations under Regulation FD. The Company also notes that, at times, it uses other communication mediums including, but not limited to, its X account (sharon__ai) and/or LinkedIn account (sharon-AI) to disseminate information about the Company, and can be additional sources of information outside press releases, regulatory filings with the Securities and Exchange Commission (SEC) and any other conference calls, webcasts, investor days, etc. that the company may hold. About Sharon AI SharonAI Holdings Inc. (NASDAQ: SHAZ) and its subsidiaries (“Sharon AI”), a leading Australian Neocloud, is a High-Performance Computing company focused on Artificial Intelligence and Cloud GPU/CPU Compute Infrastructure. Our AI Cloud platform and compute infrastructure is accelerating the build of AI factories and sovereign AI solutions, powering the next wave of accelerated computing adoption. For more information, visit www.sharonai.com. Forward-Looking Statements This press release may contain, and our officers and representatives may from time to time make, “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, which are not historical facts, and which are not assurances of future performance. Forward-looking statements are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. In some cases you can identify these statements by forward-looking words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “should,” “would,” “project,” “strategy,” “plan,” “expect,” “goal,” “seek,” “future,” “likely” or the negative or plural of these words or similar expressions or references to future periods. Forward-looking statements in this release include specific statements regarding the completion of the offering and the intended use of proceeds. Examples of such forward-looking statements include but are not limited to express or implied statements regarding Sharon AI’s management team’s expectations, hopes, beliefs, intentions or strategies regarding the future including, without limitation, statements regarding: Service and product offerings; Receipt and use of proceeds; The deployment of assets and expansion of network procurement; Sharon AI’s ability to engage with additional potential customers; Expansion of Sharon AI’s data center footprint and capacity;
and The strengthening of Sharon AI’s partner network. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. You are cautioned that such statements are not guarantees of future performance and that actual results or developments may differ materially from those set forth in these forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause actual results to differ materially from these forward-looking statements include, among others, all of the risks described in the “Risk Factors” section of the Company’s most recent Annual Report on Form 10-K filed with the SEC. Additional assumptions, risks and uncertainties are described in detail in our registration statements, reports and other filings with the SEC, which are available at www.sec.gov. The forward-looking statements and other information contained in this news release are made as of the date hereof and Sharon AI does not undertake any obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. View source version on businesswire.com: https://www.businesswire.com/news/home/20260521552216/en/ Sharon AI Media Enquiries:
Ross Barrows – Head of Capital Strategy & Investor Relations
Ross.barrows@sharonai.com
Zachary Nevas
IMS Investor Relations
+1 203.972.9200
sharonai@imsinvestorrelations.com Original: Sharon AI Appoints Mr. Andrew Penn as Chairman of the Board of Directors
US Market News
2週前
Sharon AI Announces Closing of Private Offering of Convertible Senior Notes With Aggregate Gross Proceeds of US$350 MillionMay 20, 2026 6:23 PM
Business Wire Today, SharonAI Holdings Inc. (NASDAQ:SHAZ) and its subsidiaries (“Sharon AI” or “the Company”), a leading Australian Neocloud, announced the closing of its previously announced offering of Convertible Senior Notes due in 2031 (the “Notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. The financing was led by Oaktree Capital Management, L.P. (“Oaktree”), including funds and accounts within Oaktree’s Value Opportunities investment strategy, with participation from Two Seas Capital LP and other new and existing institutional investors. As previously stated, the Company intends to use the proceeds from the offering to fund GPU and network procurement, along with working capital to support revenue-generating AI cloud deployments. This includes the previously announced cloud computing infrastructure agreement with a global technology company with a major Asia-Pacific presence, valued at approximately US$950 million over five years, from which revenue is expected to commence by the end of the third and fourth quarters of 2026. Information about the terms of the Notes can be found in the Company’s report on Form 8-K filed with the Securities and Exchange Commission (“SEC”) on April 28, 2026. Lucid Capital Markets acted as sole placement agent for this transaction. Sheppard Mullin Richter & Hampon served as counsel for Sharon AI for this transaction. Ellenoff Grossman & Schole LLP served as counsel for the placement agent for this transaction. Latham & Watkins LLP served as counsel to Oaktree for this transaction. This press release does not constitute an offer to sell, or the solicitation of an offer to buy, any securities, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any state or jurisdiction. Disclosure Information
Sharon AI primarily uses its Investor Relations page (https://sharonai.com/investors/) to disclose material non-public information and to comply with its disclosure obligations under Regulation FD. The Company also notes that, at times, it uses other communication mediums including, but not limited to, its X account (sharon__ai) and/or LinkedIn account (sharon-AI) to disseminate information about the Company, and can be additional sources of information outside press releases, regulatory filings with the SEC and any other conference calls, webcasts, investor days, etc. that the company may hold. About Sharon AI
Sharon AI, a leading Australian Neocloud, is a High-Performance Computing company focused on Artificial Intelligence and Cloud GPU Compute Infrastructure. Our cloud GPU platform and compute infrastructure is accelerating the build of AI factories and sovereign AI solutions, powering the next wave of accelerated computing adoption. For more information, visit www.sharonai.com. Forward-Looking Statements
This press release may contain, and our officers and representatives may from time to time make, “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, which are not historical facts and which are not assurances of future performance. Forward-looking statements are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. In some cases you can identify these statements by forward-looking words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “should,” “would,” “project,” “strategy,” “plan,” “expect,” “goal,” “seek,” “future,” “likely” or the negative or plural of these words or similar expressions or references to future periods. Forward-looking statements in this release include specific statements regarding the completion of the offering and the intended use of proceeds. Examples of such forward-looking statements include but are not limited to express or implied statements regarding Sharon AI’s management team’s expectations, hopes, beliefs, intentions or strategies regarding the future including, without limitation, statements regarding: Service and product offerings; Use of proceeds; Acceleration of the deployment of assets; Acceleration of Sharon AI’s ability to engage with additional potential customers; Expansion of Sharon AI’s data center footprint; The firming of Sharon AI’s ability to formally lease additional capacity; and The strengthening of Sharon AI’s partner network. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. You are cautioned that such statements are not guarantees of future performance and that actual results or developments may differ materially from those set forth in these forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause actual results to differ materially from these forward-looking statements include, among others, all of the risks described in the “Risk Factors” section of the Company’s most recent Annual Report on Form 10-K filed with the SEC. Additional assumptions, risks and uncertainties are described in detail in our registration statements, reports and other filings with the SEC, which are available at www.sec.gov. The forward-looking statements and other information contained in this news release are made as of the date hereof and Sharon AI does not undertake any obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. View source version on businesswire.com: https://www.businesswire.com/news/home/20260520866328/en/ Sharon AI Media Enquiries:
Zachary Nevas
IMS Investor Relations
+1 203.972.9200
sharonai@imsinvestorrelations.com Original: Sharon AI Announces Closing of Private Offering of Convertible Senior Notes With Aggregate Gross Proceeds of US$350 Million
US Market News
3週前
Sharon AI Reports First Quarter 2026 ResultsMay 15, 2026 4:37 PM
Business Wire Acceleration of AI Cloud Growth in Australia and Asia-Pacific Continues Today, SharonAI Holdings Inc. (NASDAQ:SHAZ) and its subsidiaries (“Sharon AI” or “the Company”), a leading Australian Neocloud, announced the release of its financial and operational results for the first quarter of 2026. Key activities in first quarter 2026 included: Nasdaq IPO: Sharon AI IPO which took place in February 2026, raising US$125m, led by Oaktree Capital Management L.P. & Two Seas Capital LP. Completion of the Sale of 50% holding in Texas Critical Data Centers (TCDC) joint venture for approximately US$74M: with that recycled capital expected to accelerate the growth of the company’s core Australian AI Cloud business Key customer wins - Canva Inc, GMI Cloud Key customer win - ESDS Software Solutions – US$1.25BN TCV, five-year, take or pay contract for an 8K B300 cluster with revenue expected to commence in the third quarter of 2026 Sharon AI and Cisco Launch Australia’s First Secure AI Factory - Cisco Strategic Enterprise go-to-market Partnership – 1K B300 cluster deployment with NEXTDC Strategic Partnership with World Wide Technology for Large Scale, High-Performance AI Infrastructure Engineering & Supply Chain Solutions Sharon AI, Lenovo Infrastructure and Vast Data AI Operating System - 1K B200 cluster deployment with NEXTDC Sharon AI Co-Founder & Chairman Mr. James Manning appointed Chief Executive Officer Events subsequent to 31 March 2026; Key customer win – global technology company with major Asia-pacific presence – US$950M TCV, five-year contract, with revenue expected to commence by the end of each of the third quarter and fourth quarter of 2026 US$350M convertible note announced, led by Oaktree Capital Management L.P. and Two Seas Capital L.P. to expand GPU and network procurement Expanded expected data center capacity from 70MWs to 100MWs for deployment in 2026 and early 2027, data center capacity pipeline continues to grow Significant additions to technical and management team to support expected growth Sharon AI presents at Macquarie Australia Conference and Canaccord Rapid Insights Conference in May 2026 James Manning, Co-Founder and CEO, Sharon AI said “We are pleased to have exited the first quarter of 2026 with significant business momentum, and this has accelerated into the second quarter. Our AI Cloud business has expanded significantly, and we continue to see both Australian and Rest of World demand materially outweighing available supply. Having now upgraded our expected data center capacity twice this year, from initially 55MW, to 70MW, to now 100MW, and with the previously announced US$350M convertible note, we are well placed to continue to grow our customer base over the coming quarters. We continue to see strong demand across enterprise, hyperscale, research, government and AI native sectors throughout Australia and Asia-Pacific.” Disclosure Information Sharon AI primarily uses its Investor Relations page (https://sharonai.com/investors/) to disclose material non-public information and to comply with its disclosure obligations under Regulation FD. The Company also notes that, at times, it uses other communication mediums including, but not limited to, its X account (sharon__ai) and/or LinkedIn account (sharon-AI) to disseminate information about the Company, and can be additional sources of information outside press releases, regulatory filings with the Securities and Exchange Commission (SEC) and any other conference calls, webcasts, investor days, etc. that the company may hold. About Sharon AI SharonAI Holdings Inc. (NASDAQ: SHAZ) and its subsidiaries (“Sharon AI”), a leading Australian Neocloud, is a High-Performance Computing company focused on Artificial Intelligence and Cloud GPU/CPU Compute Infrastructure. Our AI Cloud platform and compute infrastructure is accelerating the build of AI factories and sovereign AI solutions, powering the next wave of accelerated computing adoption. For more information, visit www.sharonai.com. Forward-Looking Statements This press release may contain, and our officers and representatives may from time to time make, “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, which are not historical facts, and which are not assurances of future performance. Forward-looking statements are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. In some cases you can identify these statements by forward-looking words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “should,” “would,” “project,” “strategy,” “plan,” “expect,” “goal,” “seek,” “future,” “likely” or the negative or plural of these words or similar expressions or references to future periods. Forward-looking statements in this release include specific statements regarding the completion of the offering and the intended use of proceeds. Examples of such forward-looking statements include but are not limited to express or implied statements regarding Sharon AI’s management team’s expectations, hopes, beliefs, intentions or strategies regarding the future including, without limitation, statements regarding: Service and product offerings; Receipt and use of proceeds; The deployment of assets and expansion of network procurement; Sharon AI’s ability to engage with additional potential customers; Expansion of Sharon AI’s data center footprint and capacity;
and The strengthening of Sharon AI’s partner network. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. You are cautioned that such statements are not guarantees of future performance and that actual results or developments may differ materially from those set forth in these forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause actual results to differ materially from these forward-looking statements include, among others, all of the risks described in the “Risk Factors” section of the Company’s most recent Annual Report on Form 10-K filed with the SEC. Additional assumptions, risks and uncertainties are described in detail in our registration statements, reports and other filings with the SEC, which are available at www.sec.gov. The forward-looking statements and other information contained in this news release are made as of the date hereof and Sharon AI does not undertake any obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. View source version on businesswire.com: https://www.businesswire.com/news/home/20260515327013/en/ Sharon AI Media Enquiries:
Ross Barrows – Head of Capital Strategy & Investor Relations
Ross.barrows@sharonai.com
Zachary Nevas
IMS Investor Relations
+1 203.972.9200
sharonai@imsinvestorrelations.com Original: Sharon AI Reports First Quarter 2026 Results
US Market News
3週前
Sharon AI Announces Five-Year Cloud Computing Infrastructure AgreementMay 14, 2026 8:38 AM
Business Wire Today, SharonAI Holdings Inc. (NASDAQ:SHAZ) and its subsidiaries (“Sharon AI” or “the Company”), a leading Australian Neocloud, announced the signing of a cloud computing infrastructure agreement with a global technology company with major Asia-pacific presence, valued at approximately US$950 million over five years. Under the terms of the contract, Sharon AI expects to deploy cloud computing solutions across multiple NEXTDC data centers in Australia, with revenue expected to commence by the end of each of the third quarter and fourth quarter of 2026. These solutions are expected to utilize the Vast Data AI Operating System, unifying storage, database, compute and real-time processing into a single system. The Vast Data architecture collapses traditionally separate layers of the stack, which should enable Sharon AI’s customers to perform workloads more efficiently. James Manning, Co-Founder and CEO, Sharon AI said, “We are thrilled to continue to expand our AI Cloud business, building and deploying the latest cloud computing infrastructure in Australia with NEXTDC and Vast Data. This contract follows on from our previously announced agreements in the region, and our customer pipeline continues to grow. We continue to see strong demand across enterprise, hyperscale, research and AI native sectors throughout Australia and Asia-Pacific.” David Dzienciol, Chief Customer Officer & Chief Commercial Officer, NEXTDC said, “We are pleased to strengthen our partnership with Sharon AI, and to see compute infrastructure deployed across our facilities in Australia.” Sunil Chavan, Vice-President Asia-Pac & Japan, Vast Data said, “These deployments require more than accelerated compute; they demand a reliable data foundation that can support their workloads. That is the role the VAST AI Operating System was designed to play, and we look forward to continuing to support Sharon AI as it expands across the region.” Disclosure Information Sharon AI primarily uses its Investor Relations page (https://sharonai.com/investors/) to disclose material non-public information and to comply with its disclosure obligations under Regulation FD. The Company also notes that, at times, it uses other communication mediums including, but not limited to, its X account (sharon__ai) and/or LinkedIn account (sharon-AI) to disseminate information about the Company, and can be additional sources of information outside press releases, regulatory filings with the Securities and Exchange Commission (SEC) and any other conference calls, webcasts, investor days, etc. that the company may hold. About Sharon AI SharonAI Holdings Inc. (NASDAQ: SHAZ) and its subsidiaries (“Sharon AI”), a leading Australian Neocloud, is a High-Performance Computing company focused on Artificial Intelligence and Cloud GPU/CPU Compute Infrastructure. Our AI Cloud platform and compute infrastructure is accelerating the build of AI factories and sovereign AI solutions, powering the next wave of accelerated computing adoption. For more information, visit www.sharonai.com. Forward-Looking Statements This press release may contain, and our officers and representatives may from time to time make, “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, which are not historical facts, and which are not assurances of future performance. Forward-looking statements are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. In some cases you can identify these statements by forward-looking words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “should,” “would,” “project,” “strategy,” “plan,” “expect,” “goal,” “seek,” “future,” “likely” or the negative or plural of these words or similar expressions or references to future periods. Forward-looking statements in this release include specific statements regarding the completion of the offering and the intended use of proceeds. Examples of such forward-looking statements include but are not limited to express or implied statements regarding Sharon AI’s management team’s expectations, hopes, beliefs, intentions or strategies regarding the future including, without limitation, statements regarding: Service and product offerings; Receipt and use of proceeds; Acceleration of the deployment of assets; Acceleration of Sharon AI’s ability to engage with additional potential customers; Expansion of Sharon AI’s data center footprint; The firming of Sharon AI’s ability to formally lease additional capacity; and The strengthening of Sharon AI’s partner network. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. You are cautioned that such statements are not guarantees of future performance and that actual results or developments may differ materially from those set forth in these forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause actual results to differ materially from these forward-looking statements include, among others, all of the risks described in the “Risk Factors” section of the Company’s most recent Annual Report on Form 10-K filed with the SEC. Additional assumptions, risks and uncertainties are described in detail in our registration statements, reports and other filings with the SEC, which are available at www.sec.gov. The forward-looking statements and other information contained in this news release are made as of the date hereof and Sharon AI does not undertake any obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. View source version on businesswire.com: https://www.businesswire.com/news/home/20260514608864/en/ Sharon AI Media Enquiries:
Zachary Nevas
IMS Investor Relations
+1 203.972.9200
sharonai@imsinvestorrelations.com Original: Sharon AI Announces Five-Year Cloud Computing Infrastructure Agreement
US Market News
4週前
Sharon AI to Host First Quarter 2026 Earnings Call on Friday, May 15, 2026May 11, 2026 8:23 AM
Business Wire Today, SharonAI Holdings Inc. (NASDAQ: SHAZ) and its subsidiaries (“Sharon AI” or the “Company”), a leading Australian Neocloud, announced that it will host a conference call and webcast on Friday, May 15, 2026, at 4:30 p.m. Eastern Time to review the Company’s results for the first quarter ended March 31, 2026. The Company will release its first quarter 2026 financial results that day after the market closes. To access the live webcast of the conference call, visit the Sharon AI Investor Relations page here. Investors may also access the webcast here. To participate in the call by phone, dial 888-506-0062 approximately five minutes prior to the scheduled start time. International callers please dial +1-973-528-0011. Callers should use access code: 266642. A replay of the teleconference will be available until May 29, 2026, and may be accessed by dialing 877-481-4010. International callers may dial +1-919-882-2331. Callers should use conference ID: 54026. Disclosure Information Sharon AI primarily uses its Investor Relations page (https://sharonai.com/investors/) to disclose material non-public information and to comply with its disclosure obligations under Regulation FD. The Company also notes that, at times, it uses other communication mediums including, but not limited to, its X account (sharon__ai) and/or LinkedIn account (sharon-AI) to disseminate information about the Company, and can be additional sources of information outside press releases, regulatory filings with the Securities and Exchange Commission (SEC) and any other conference calls, webcasts, investor days, etc. that the company may hold. About Sharon AI SharonAI Holdings Inc. (NASDAQ:SHAZ) and its subsidiaries (“Sharon AI”), a leading Australian Neocloud, is a High-Performance Computing company focused on Artificial Intelligence and Cloud GPU Compute Infrastructure. Our cloud GPU platform and compute infrastructure is accelerating the build of AI factories and sovereign AI solutions, powering the next wave of accelerated computing adoption. For more information, visit www.sharonai.com. Forward-Looking Statements This press release may contain, and our officers and representatives may from time to time make, “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, which are not historical facts and which are not assurances of future performance. Forward-looking statements are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. In some cases you can identify these statements by forward-looking words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “should,” “would,” “project,” “strategy,” “plan,” “expect,” “goal,” “seek,” “future,” “likely” or the negative or plural of these words or similar expressions or references to future periods. Forward-looking statements in this release include specific statements regarding the completion of the offering and the intended use of proceeds. Examples of such forward-looking statements include but are not limited to express or implied statements regarding Sharon AI’s management team’s expectations, hopes, beliefs, intentions or strategies regarding the future including, without limitation, statements regarding: Service and product offerings; Receipt and use of proceeds; Acceleration of the deployment of assets; Acceleration of Sharon AI’s ability to engage with additional potential customers; Expansion of Sharon AI’s data center footprint; The firming of Sharon AI’s ability to formally lease additional capacity; and The strengthening of Sharon AI’s partner network. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. You are cautioned that such statements are not guarantees of future performance and that actual results or developments may differ materially from those set forth in these forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause actual results to differ materially from these forward-looking statements include, among others, all of the risks described in the “Risk Factors” section of the Company’s most recent Annual Report on Form 10-K filed with the SEC. Additional assumptions, risks and uncertainties are described in detail in our registration statements, reports and other filings with the SEC, which are available at www.sec.gov. The forward-looking statements and other information contained in this news release are made as of the date hereof and Sharon AI does not undertake any obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. View source version on businesswire.com: https://www.businesswire.com/news/home/20260511390069/en/ Zachary Nevas
IMS Investor Relations
+1 203.972.9200
sharonai@imsinvestorrelations.com Original: Sharon AI to Host First Quarter 2026 Earnings Call on Friday, May 15, 2026
US Market News
1月前
Sharon AI to Participate in Upcoming Macquarie Australia and Canaccord Rapid Insights ConferencesMay 4, 2026 8:58 AM
Business Wire
Today, SharonAI Holdings Inc. (NASDAQ:SHAZ) and its subsidiaries (“Sharon AI” or “the Company”), a leading Australian Neocloud, announced that it will be participating in the following Australian investor conferences:
On Thursday, May 7th, Sharon AI Co-founder & CEO James Manning will be presenting at the Macquarie Australia Conference in Sydney, Australia. His presentation will begin at 8:00am AEST.
On Thursday, May 14th, Sharon AI Co-founder & CEO James Manning and Co-founder & Head of Corporate Development Nick Hughes-Jones will be presenting at the Canaccord Rapid Insights Conference in Sydney, Australia. Their presentations are expected to begin at 1:00pm AEST.
Disclosure Information
Sharon AI primarily uses its Investor Relations page (https://sharonai.com/investors/) to disclose material non-public information and to comply with its disclosure obligations under Regulation FD. The Company also notes that, at times, it uses other communication mediums including, but not limited to, its X account (sharon__ai) and/or LinkedIn account (sharon-AI) to disseminate information about the Company, and can be additional sources of information outside press releases, regulatory filings with the Securities and Exchange Commission (SEC) and any other conference calls, webcasts, investor days, etc. that the company may hold.
About Sharon AI
SharonAI Holdings Inc. (NASDAQ:SHAZ) and its subsidiaries (“Sharon AI”), a leading Australian Neocloud, is a High-Performance Computing company focused on Artificial Intelligence and Cloud GPU Compute Infrastructure. Our cloud GPU platform and compute infrastructure is accelerating the build of AI factories and sovereign AI solutions, powering the next wave of accelerated computing adoption. For more information, visit www.sharonai.com.
Forward-Looking Statements
This press release may contain, and our officers and representatives may from time to time make, “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, which are not historical facts and which are not assurances of future performance. Forward-looking statements are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. In some cases you can identify these statements by forward-looking words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “should,” “would,” “project,” “strategy,” “plan,” “expect,” “goal,” “seek,” “future,” “likely” or the negative or plural of these words or similar expressions or references to future periods. Forward-looking statements in this release include specific statements regarding the completion of the offering and the intended use of proceeds. Examples of such forward-looking statements include but are not limited to express or implied statements regarding Sharon AI’s management team’s expectations, hopes, beliefs, intentions or strategies regarding the future including, without limitation, statements regarding:
Service and product offerings;
Receipt and use of proceeds;
Acceleration of the deployment of assets;
Acceleration of Sharon AI’s ability to engage with additional potential customers;
Expansion of Sharon AI’s data center footprint;
The firming of Sharon AI’s ability to formally lease additional capacity; and
The strengthening of Sharon AI’s partner network.
In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. You are cautioned that such statements are not guarantees of future performance and that actual results or developments may differ materially from those set forth in these forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause actual results to differ materially from these forward-looking statements include, among others, all of the risks described in the “Risk Factors” section of the Company’s most recent Annual Report on Form 10-K filed with the SEC. Additional assumptions, risks and uncertainties are described in detail in our registration statements, reports and other filings with the SEC, which are available at www.sec.gov.
The forward-looking statements and other information contained in this news release are made as of the date hereof and Sharon AI does not undertake any obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260504820263/en/
Sharon AI Media Enquiries:
Zachary Nevas
IMS Investor Relations
+1 203.972.9200
sharonai@imsinvestorrelations.com
Original: Sharon AI to Participate in Upcoming Macquarie Australia and Canaccord Rapid Insights Conferences
US Market News
1月前
Sharon AI Enters Into Definitive Agreements for US$350 Million Convertible Note Offering to Expand GPU and Network ProcurementApril 27, 2026 7:30 AM
Business Wire
Financing Led by Oaktree Capital with Participation from Two Seas Capital and Other New and Existing Institutional Investors
Today, SharonAI Holdings Inc. (NASDAQ:SHAZ) and its subsidiaries (“Sharon AI” or “the Company”), a leading Australian Neocloud, announced that it has entered into definitive agreements for the purchase of US$350 million of 6% Convertible Senior Notes due in 2031 (the “Notes”). The issue price for the Notes will equal 100% of the principal amount thereof. The Notes will be sold in a private offering pursuant to Rule 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”) to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act. The offering is expected to close on or about April 30, 2026, subject to certain closing conditions. The financing is being led by Oaktree Capital Management, L.P. (“Oaktree”), including funds and accounts within Oaktree’s Value Opportunities investment strategy, with participation from Two Seas Capital LP and other new and existing institutional investors.
The Notes will be senior obligations of the Company guaranteed by its subsidiaries and will have an initial conversion price of approximately $48.24, which is an approximately 20% premium to the at-the-market price under Nasdaq Rule 5635(d) on the date of signing, term of 5 years and a coupon of 6% in cash paid quarterly. Each of the Company’s founders have agreed with the purchasers to execute “lock-up” agreements for periods ending on March 31, 2027, with respect to sales of specified securities, subject to certain exceptions. The proceeds from the financing will primarily be used to fund GPU and network procurement, along with working capital to support revenue-generating AI cloud deployments.
Lucid Capital Markets acted as sole placement agent for this transaction.
Sheppard Mullin Richter & Hampon served as counsel for Sharon AI for this transaction. Ellenoff Grossman & Schole LLP served as counsel for the placement agent for this transaction, and Latham & Watkins LLP served as counsel to Oaktree for this transaction.
This press release does not constitute an offer to sell, or the solicitation of an offer to buy, any securities, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any state or jurisdiction. The Notes have not been registered under the Securities Act, or any applicable state securities laws, and have been offered only to qualified institutional buyers pursuant to Rule 144A promulgated under the Securities Act. Unless so registered, the Notes may not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the Securities Act and any applicable state securities laws.
Disclosure Information
Sharon AI primarily uses its Investor Relations page (https://sharonai.com/investors/) to disclose material non-public information and to comply with its disclosure obligations under Regulation FD. The Company also notes that, at times, it uses other communication mediums including, but not limited to, its X account (sharon__ai) and/or LinkedIn account (sharon-AI) to disseminate information about the Company, and can be additional sources of information outside press releases, regulatory filings with the Securities and Exchange Commission (SEC) and any other conference calls, webcasts, investor days, etc. that the company may hold.
About Sharon AI
SharonAI Holdings Inc. (NASDAQ:SHAZ) and its subsidiaries (“Sharon AI”), a leading Australian Neocloud, is a High-Performance Computing company focused on Artificial Intelligence and Cloud GPU Compute Infrastructure. Our cloud GPU platform and compute infrastructure is accelerating the build of AI factories and sovereign AI solutions, powering the next wave of accelerated computing adoption. For more information, visit www.sharonai.com.
Forward-Looking Statements
This press release may contain, and our officers and representatives may from time to time make, “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, which are not historical facts and which are not assurances of future performance. Forward-looking statements are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. In some cases you can identify these statements by forward-looking words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “should,” “would,” “project,” “strategy,” “plan,” “expect,” “goal,” “seek,” “future,” “likely” or the negative or plural of these words or similar expressions or references to future periods. Forward-looking statements in this release include specific statements regarding the completion of the offering and the intended use of proceeds. Examples of such forward-looking statements include but are not limited to express or implied statements regarding Sharon AI’s management team’s expectations, hopes, beliefs, intentions or strategies regarding the future including, without limitation, statements regarding:
Service and product offerings;
Receipt and use of proceeds;
Acceleration of the deployment of assets;
Acceleration of Sharon AI’s ability to engage with additional potential customers;
Expansion of Sharon AI’s data center footprint;
The firming of Sharon AI’s ability to formally lease additional capacity; and
The strengthening of Sharon AI’s partner network.
In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. You are cautioned that such statements are not guarantees of future performance and that actual results or developments may differ materially from those set forth in these forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause actual results to differ materially from these forward-looking statements include, among others, all of the risks described in the “Risk Factors” section of the Company’s most recent Annual Report on Form 10-K filed with the SEC. Additional assumptions, risks and uncertainties are described in detail in our registration statements, reports and other filings with the SEC, which are available at www.sec.gov.
The forward-looking statements and other information contained in this news release are made as of the date hereof and Sharon AI does not undertake any obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260427995709/en/
Sharon AI Media Enquiries:
Zachary Nevas
IMS Investor Relations
+1 203.972.9200
sharonai@imsinvestorrelations.com
Original: Sharon AI Enters Into Definitive Agreements for US$350 Million Convertible Note Offering to Expand GPU and Network Procurement
US Market News
2月前
Sharon AI Announces Accelerated Receipt of Remaining Consideration from Sale of 50% Ownership in Texas Critical Data Centers Joint VentureApril 13, 2026 5:17 PM
Business Wire
Results in Total Proceeds of US$74 million
Today, SharonAI Holdings Inc. (NASDAQ:SHAZ) and its subsidiaries (“Sharon AI” or “the Company”), a leading Australian neocloud, announced the accelerated receipt of the remaining outstanding US$50 million Senior Secured Convertible Promissory Note, and receipt of a true-up share issuance from New Era Energy & Digital, Inc. (NASDAQ: NUAI).
This accelerated receipt results in total proceeds of sale of Sharon AI’s 50% ownership interest in Texas Critical Data Centers LLC (“TCDC”) to NUAI of US$74 million, US$4 million higher than the originally anticipated US$70 million.
On April 10, 2026, NUAI delivered an Optional Redemption Notice to Sharon AI, exercising its right to redeem the full outstanding principal amount of the US$50 million Promissory Note (originally maturing June 30, 2026), plus accrued interest.
Sharon AI has the option to convert up to 20% of the principal amount of the note into NUAI common stock by April 17, 2026, with the balance to be paid in cash by April 24, 2026.
Additionally, NUAI issued a True-Up Notice pursuant to the Membership Interest Purchase Agreement.
Following NUAI’s recent public offering of common stock at $3.35 per share, Sharon AI is entitled to approximately 893,724 additional shares of NUAI common stock.
Together with the US$10 million in cash already received in late March, these steps bring the total consideration to US$74 million to Sharon AI, ahead of the original payment schedule.
James Manning, CEO of Sharon AI, said: “The early redemption of the US$50 million Promissory Note and the true-up share issuance from NUAI demonstrate the strength of our partnership and strengthens our balance sheet with non-dilutive funding. This accelerated capital inflow enhances our financial flexibility as we continue to scale our sovereign AI and HPC cloud infrastructure in Australia. We are focused on deploying advanced GPU capacity, strengthening partnerships, and delivering high-performance AI solutions to hyperscale, enterprise, AI native, research and government customers in Asia-Pacific, while creating sustained value for our shareholders.”
Disclosure Information
Sharon AI primarily uses its Investor Relations page (https://sharonai.com/investors/) to disclose material non-public information and to comply with its disclosure obligations under Regulation FD. The Company also notes that, at times, it uses other communication mediums including, but not limited to, its X account (sharon__ai) and/or LinkedIn account (sharon-AI) to disseminate information about the Company, and can be additional sources of information outside press releases, regulatory filings with the Securities and Exchange Commission (SEC) and any other conference calls, webcasts, investor days, etc. that the company may hold.
About Sharon AI
SharonAI Holdings Inc. (NASDAQ:SHAZ) and its subsidiaries (“Sharon AI”), a leading Australian Neocloud, is a High-Performance Computing company focused on Artificial Intelligence and Cloud GPU Compute Infrastructure. Our cloud GPU platform and compute infrastructure is accelerating the build of AI factories and sovereign AI solutions, powering the next wave of accelerated computing adoption. For more information, visit www.sharonai.com.
Forward-Looking Statements
This press release may contain, and our officers and representatives may from time to time make, “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, which are not historical facts and which are not assurances of future performance. Forward-looking statements are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. In some cases you can identify these statements by forward-looking words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “should,” “would,” “project,” “strategy,” “plan,” “expect,” “goal,” “seek,” “future,” “likely” or the negative or plural of these words or similar expressions or references to future periods. Examples of such forward-looking statements include but are not limited to express or implied statements regarding Sharon AI’s management team’s expectations, hopes, beliefs, intentions or strategies regarding the future including, without limitation, statements regarding:
Service and product offerings;
Receipt and use of proceeds;
Acceleration of the deployment of assets;
Acceleration of Sharon AI’s ability to engage with additional potential customers;
Expansion of Sharon AI’s data center footprint;
The firming of Sharon AI’s ability to formally lease additional capacity; and
The strengthening of Sharon AI’s partner network.
In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. You are cautioned that such statements are not guarantees of future performance and that actual results or developments may differ materially from those set forth in these forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause actual results to differ materially from these forward-looking statements include, among others, all of the risks described in the “Risk Factors” section of Sharon AI’s most recently filed Annual Report on Form 10-K filed with the SEC. Additional assumptions, risks and uncertainties are described in detail in our registration statements, reports and other filings with the SEC, which are available at www.sec.gov.
The forward-looking statements and other information contained in this news release are made as of the date hereof and Sharon AI does not undertake any obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260413805279/en/
Sharon AI Media Enquiries:
Zachary Nevas
IMS Investor Relations
+1 203.972.9200
sharonai@imsinvestorrelations.com
Original: Sharon AI Announces Accelerated Receipt of Remaining Consideration from Sale of 50% Ownership in Texas Critical Data Centers Joint Venture
US Market News
2月前
Sharon AI Announces 5 year US$1.25BN AI Cloud Infrastructure AgreementApril 1, 2026 6:52 AM
Business Wire
Today, SharonAI Holdings Inc. (NASDAQ:SHAZ) and its subsidiaries (“Sharon AI” or “the Company”), a leading Australian Neocloud, announced a significant expansion of its AI Cloud services business, with the signing of an initial five-year, US$1.25BN TCV AI infrastructure agreement with ESDS Software Solutions Ltd. The customer has an option to extend for an additional 2 years.
Under the terms of the contract, Sharon AI will deploy an 8K B300 cluster within one of the company’s existing data center providers in Australia, with revenue expected to commence in the third quarter of 2026.
James Manning, Co-Founder and CEO, Sharon AI said, “This contract is one of many we have been working on for a period of time, and we are delighted to be delivering this GPU capacity in an Australian data center. We continue to see robust demand across the enterprise, hyperscale, research, government and AI native sectors and with additional data center capacity confirmed we look forward to providing additional updates on our strong customer pipeline in due course.”
Disclosure Information
Sharon AI primarily uses its Investor Relations page (https://sharonai.com/investors/) to disclose material non-public information and to comply with its disclosure obligations under Regulation FD. The Company also notes that, at times, it uses other communication mediums including, but not limited to, its X account (sharon__ai) and/or LinkedIn account (sharon-AI) to disseminate information about the Company, and can be additional sources of information outside press releases, regulatory filings with the Securities and Exchange Commission (SEC) and any other conference calls, webcasts, investor days, etc. that the company may hold.
About Sharon AI
SharonAI Holdings Inc. (NASDAQ:SHAZ) and its subsidiaries (“Sharon AI”), a leading Australian Neocloud, is a High-Performance Computing company focused on Artificial Intelligence and Cloud GPU Compute Infrastructure. Our cloud GPU platform and compute infrastructure is accelerating the build of AI factories and sovereign AI solutions, powering the next wave of accelerated computing adoption. For more information, visit www.sharonai.com.
Forward-Looking Statements
This press release may contain, and our officers and representatives may from time to time make, “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, which are not historical facts and which are not assurances of future performance. Forward-looking statements are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. In some cases you can identify these statements by forward-looking words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “should,” “would,” “project,” “strategy,” “plan,” “expect,” “goal,” “seek,” “future,” “likely” or the negative or plural of these words or similar expressions or references to future periods. Forward-looking statements in this release include specific statements regarding the anticipated listing on the Nasdaq Capital Market and completion of the Offering. Examples of such forward-looking statements include but are not limited to express or implied statements regarding Sharon AI’s management team’s expectations, hopes, beliefs, intentions or strategies regarding the future including, without limitation, statements regarding:
Service and product offerings;
Receipt and use of proceeds;
Acceleration of the deployment of assets;
Acceleration of Sharon AI’s ability to engage with additional potential customers;
Expansion of Sharon AI’s data center footprint;
The firming of Sharon AI’s ability to formally lease additional capacity; and
The strengthening of Sharon AI’s partner network.
In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. You are cautioned that such statements are not guarantees of future performance and that actual results or developments may differ materially from those set forth in these forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause actual results to differ materially from these forward-looking statements include, among others, all of the risks described in the “Risk Factors” section of the Annual Report on Form 10-K filed on March 31, 2026. Additional assumptions, risks and uncertainties are described in detail in our registration statements, reports and other filings with the SEC, which are available at www.sec.gov.
The forward-looking statements and other information contained in this news release are made as of the date hereof and Sharon AI does not undertake any obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260401309928/en/
Sharon AI Media Enquiries:
Zachary Nevas
IMS Investor Relations
+1 203.972.9200
sharonai@imsinvestorrelations.com
Original: Sharon AI Announces 5 year US$1.25BN AI Cloud Infrastructure Agreement
US Market News
2月前
Sharon AI Reports CY25 ResultsMarch 31, 2026 6:59 PM
Business Wire
Foundation Built for Acceleration in 2026 and Beyond
Today, SharonAI Holdings Inc. (NASDAQ:SHAZ) and its subsidiaries (“Sharon AI” or “the Company”), a leading Australian Neocloud, announced the release of its financial results for the fourth quarter and fiscal year ended 31 December 2025.
The fiscal 2025 financial results reflect the Company’s full year operations after becoming a certified NVIDIA Cloud Partner (“NCP”) in December 2024. As a result, 2025 was a year that saw the foundations built upon which Sharon AI intends to accelerate its growth, at scale, into 2026 and beyond.
Key activities in 2025 included:
Nasdaq IPO: Preparation for the Company’s Nasdaq IPO which took place in February 2026, raising US$125m
Balance Sheet Strengthened by US$100M: Increased balance sheet strength by raising approximately US$100m via a Convertible Note in December 2025
Data center capacity increased: Strengthening the Company’s relationship with NEXTDC which resulted in Sharon AI securing up to 50MWs of data center capacity
Cisco Strategic Enterprise Partnership: Joint sales go-to-market activities established ahead of official launch in Q1 2026
Board Expansion: Appointed Drew Kelton and Peter Woodward to the Sharon AI Board of Directors
Digital Alpha investment; Digital Alpha Advisers LLC strategic investment and partnership, including participation in December 2025 convertible note and up to US$200m revenue share facility
Key Events Q1 2026;
Listed on the Nasdaq Capital Market in February 2026
Key customer win – Canva
Expanded expected data center capacity from 50MWs to 70MWs
Completion of the sale of 50% holding in Texas Critical Data Centers (TCDC) joint venture for US$70M with that recycled capital expected to accelerate the growth of the company’s core Australian GPU Cloud business
Sharon AI and Cisco launch Australia’s First Secure AI Factory
Secured up to US$500m debt facility from USD.AI
Key customer win - US-based AI-native inference cloud provider
Sharon AI Co-Founder & Chairman Mr. James Manning becomes Chief Executive Officer
Strategic Partnership with World Wide Technology for Large Scale, High-Performance AI Infrastructure Engineering & Supply Chain Solutions
Benjamin Adams added to the Board of Directors
James Manning, Co-Founder and CEO, Sharon AI said “2025 was a highly successful year for Sharon AI, where we laid solid foundations for anticipated growth in 2026 and beyond. Customer demand across the AI native, research, government enterprise and hyperscale cohorts has continued to accelerate into early 2026. We are focused on increasing our data center capacity to meet this demand. I would like to thank all of our employees, shareholders, partners and stakeholders for their support in 2025, we look forward to a very exciting 2026 and beyond.”
Business Outlook
2026 is expected to be a defining year for the Company as it works closely with its key strategic partner network to execute on its material growth strategy, bringing high-performance compute to Australian and Asia-Pacific customers alike. The recent expansion of expected data centre capacity from approximately 50MWs to approximately 70MWs is a ~40% increase in power visibility, allowing Sharon AI to provide certainty for customers and their subsequent AI and HPC compute deployments.
Disclosure Information
Sharon AI primarily uses its Investor Relations page (https://sharonai.com/investors/) to disclose material non-public information and to comply with its disclosure obligations under Regulation FD. The Company also notes that, at times, it uses other communication mediums including, but not limited to, its X account (sharon__ai) and/or LinkedIn account (sharon-AI) to disseminate information about the Company, and can be additional sources of information outside press releases, regulatory filings with the Securities and Exchange Commission (SEC) and any other conference calls, webcasts, investor days, etc. that the company may hold.
About Sharon AI
SharonAI Holdings Inc. (NASDAQ:SHAZ) and its subsidiaries (“Sharon AI”), a leading Australian Neocloud, is a High-Performance Computing company focused on Artificial Intelligence and Cloud GPU Compute Infrastructure. Our cloud GPU platform and compute infrastructure is accelerating the build of AI factories and sovereign AI solutions, powering the next wave of accelerated computing adoption. For more information, visit www.sharonai.com.
Forward-Looking Statements
This press release may contain, and our officers and representatives may from time to time make, “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, which are not historical facts and which are not assurances of future performance. Forward-looking statements are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. In some cases you can identify these statements by forward-looking words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “should,” “would,” “project,” “strategy,” “plan,” “expect,” “goal,” “seek,” “future,” “likely” or the negative or plural of these words or similar expressions or references to future periods. Forward-looking statements in this release include specific statements regarding the anticipated listing on the Nasdaq Capital Market and completion of the Offering. Examples of such forward-looking statements include but are not limited to express or implied statements regarding Sharon AI’s management team’s expectations, hopes, beliefs, intentions or strategies regarding the future including, without limitation, statements regarding:
Service and product offerings;
Receipt and use of proceeds;
Acceleration of the deployment of assets;
Acceleration of Sharon AI’s ability to engage with additional potential customers;
Expansion of Sharon AI’s data center footprint;
The firming of Sharon AI’s ability to formally lease additional capacity; and
The strengthening of Sharon AI’s partner network.
In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. You are cautioned that such statements are not guarantees of future performance and that actual results or developments may differ materially from those set forth in these forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause actual results to differ materially from these forward-looking statements include, among others, all of the risks described in the “Risk Factors” section of the Registration Statement on Form S-1 declared effective by the SEC on February 17, 2026. Additional assumptions, risks and uncertainties are described in detail in our registration statements, reports and other filings with the SEC, which are available at www.sec.gov.
The forward-looking statements and other information contained in this news release are made as of the date hereof and Sharon AI does not undertake any obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260331957878/en/
Sharon AI Media Enquiries:
Zachary Nevas
IMS Investor Relations
+1 203.972.9200
sharonai@imsinvestorrelations.com
Original: Sharon AI Reports CY25 Results
US Market News
3月前
Sharon AI Partners with World Wide Technology for Large Scale, High-Performance AI Infrastructure Engineering & Supply Chain SolutionsMarch 4, 2026 7:30 AM
Business Wire
SharonAI Holdings Inc. and its subsidiaries (“Sharon AI”), a leading Australian Neocloud (NASDAQ:SHAZ), today announced it has partnered with World Wide Technology (“WWT”) for the deployment of large-scale high-performance compute infrastructure in Australia and Asia-Pacific.
Leveraging more than three decades of global experience delivering complex, mission-critical infrastructure, WWT brings deep capability across AI Factory engineering, global procurement and supply chain, and multi-vendor system integration. Through this relationship, WWT provides Sharon AI with the expected execution security, scale, and operational rigor believed to be required to deliver next-generation AI infrastructure reliably and at pace across Australia and globally.
“We’re excited to work with Sharon AI to deliver one of Australia’s most advanced AI platforms, combining Sharon AI’s leadership in GPUaaS with WWT’s proven global delivery and execution experience to accelerate innovation at scale” said Andrew Bernath, Area Vice President & Managing Director, Australia & New Zealand at World Wide Technology
The relationship encompasses the end-to-end procurement, assembly, delivery and installation of large-scale compute infrastructure across Sharon AI’s deployment of NVIDIA Blackwell and NVIDIA Blackwell Ultra.
"We are excited to work with a global leader in large scale high-performance compute infrastructure engineering, supply and deployment solutions," said James Manning, Co-Founder and CEO of Sharon AI. "Our relationship with WWT is not only expected to reduce execution risk but also should ensure we are operating at the highest level of excellence and performance for our customers.”
About Sharon AI
SharonAI Holdings Inc. (“Sharon AI”) and its subsidiaries, a leading Australian Neocloud, is a High-Performance Computing company focused on Artificial Intelligence and Cloud GPU Compute Infrastructure. Our cloud GPU platform and compute infrastructure is accelerating the build of AI factories and sovereign AI solutions, powering the next wave of accelerated computing adoption. For more information, visit www.sharonai.com.
About World Wide Technology
World Wide Technology (WWT) is a global technology solutions provider helping organizations make a new world happen by turning ambition into real-world outcomes. Founded in 1990, WWT brings together strategy, deep technical expertise and world-class technology partnerships to help public- and private-sector organizations design, build and scale intelligent AI, digital, cybersecurity, cloud and infrastructure solutions. Through its Advanced Technology Center (ATC)—a collaborative ecosystem featuring state-of-the-art hardware and software—WWT enables clients and partners to conceptualize, test and validate innovative technology and then deploy solutions at scale using its global integration and distribution capabilities. With more than 14,000 team members and over 60 locations worldwide, WWT's culture—grounded in core values and leadership philosophies—has been recognized by Fortune and Great Place to Work® for its commitment to innovation, trust and creating a great place to work for all. WWT serves clients in nearly 200 countries across six continents, and through Softchoice, a World Wide Technology company, it supports U.S. commercial and SMB markets and all of Canada.
With over 12,000 employees across WWT and Softchoice and more than 60 locations around the world, WWT's culture, built on a set of core values and established leadership philosophies, has been recognized 14 years in a row by Fortune and Great Place to Work® for its unique blend of determination, innovation and creating a great place to work for all.
Forward-Looking Statements
This press release may contain, and our officers and representatives may from time to time make, “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, which are not historical facts and which are not assurances of future performance. Forward-looking statements are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. In some cases you can identify these statements by forward-looking words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “should,” “would,” “project,” “strategy,” “plan,” “expect,” “goal,” “seek,” “future,” “likely” or the negative or plural of these words or similar expressions or references to future periods. Examples of such forward-looking statements include but are not limited to express or implied statements regarding Sharon AI’s management team’s expectations, hopes, beliefs, intentions or strategies regarding the future including, without limitation, statements regarding:
The execution security, scale, and operational rigor to be provided by WWT;
Sharon AI’s ability to delivery next-generation AI infrastructure reliably and at pace across Australia and globally;
The acceleration of innovation at scale;
Expected reductions in execution risk;
Service and product offerings;
Acceleration of the deployment of assets; and
The strengthening of Sharon AI’s relationship network.
In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. You are cautioned that such statements are not guarantees of future performance and that actual results or developments may differ materially from those set forth in these forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause actual results to differ materially from these forward-looking statements include, among others, all of the risks described in the “Risk Factors” section of the Registration Statement on Form S-1 declared effective by the SEC on February 17, 2026. Additional assumptions, risks and uncertainties are described in detail in our registration statements, reports and other filings with the SEC, which are available at www.sec.gov.
The forward-looking statements and other information contained in this news release are made as of the date hereof and Sharon AI does not undertake any obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260304006340/en/
SharonAI Media Enquiries:
Rosalyn Christian/Zachary Nevas
IMS Investor Relations
+1 203.972.9200
sharonai@imsinvestorrelations.com
Original: Sharon AI Partners with World Wide Technology for Large Scale, High-Performance AI Infrastructure Engineering & Supply Chain Solutions
US Market News
3月前
Sharon AI Appoints Mr. Benjamin Adams to Board of DirectorsMarch 3, 2026 7:30 AM
Business Wire
SharonAI Holdings Inc. (“Sharon AI”), a leading Australian neocloud (NASDAQ: SHAZ), announced on February 24, 2026, that highly experienced global technology executive, Mr. Benjamin Adams, joined the Sharon AI Holdings Inc. board of directors on February 22, 2026.
Mr. Adams is a global business and technology leader with deep and broad expertise across financial, technology and regulatory law, mergers & acquisitions, corporate securities reporting, intellectual property and real estate.
“I am honoured to join the board at such a pivotal and exciting time. I look forward to leveraging my experience to help Sharon AI shape its strategic goals and expand its impact in the coming years,” said Benjamin Adams.
Mr. Adams was previously Vice President, Chief Commercial and Intellectual Property Counsel at PayPal (NASDAQ: PYPL), Assistant General Counsel at Microsoft (NASDAQ: MSFT) and Head of Legal, Americas Region at Nokia (NYSE:NOK). He is currently Chief Legal Officer and Corporate Secretary at Western Union (NYSE: WU).
“We are delighted that Mr. Adams has joined the Sharon AI board of directors as we enter our next phase of growth. His expertise across technology, financial and regulatory law, mergers and acquisitions and corporate securities reporting, in addition to his proven track record of successfully guiding technology businesses through periods of dynamic growth will add significant value to our business,” said James Manning, CEO at Sharon AI.
About Sharon AI
SharonAI Holdings Inc. (“Sharon AI”) and its subsidiaries, a leading Australian neocloud, is a High-Performance Computing company focused on Artificial Intelligence and Cloud GPU Compute Infrastructure. Our cloud GPU platform and compute infrastructure is accelerating the build of AI factories and sovereign AI solutions, powering the next wave of accelerated computing adoption. For more information, visit www.sharonai.com.
Forward-Looking Statements
This press release may contain, and our officers and representatives may from time to time make, “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, which are not historical facts and which are not assurances of future performance. Forward-looking statements are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. In some cases you can identify these statements by forward-looking words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “should,” “would,” “project,” “strategy,” “plan,” “expect,” “goal,” “seek,” “future,” “likely” or the negative or plural of these words or similar expressions or references to future periods. Examples of such forward-looking statements include but are not limited to express or implied statements regarding Sharon AI’s management team’s expectations, hopes, beliefs, intentions or strategies regarding the future.
In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. You are cautioned that such statements are not guarantees of future performance and that actual results or developments may differ materially from those set forth in these forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause actual results to differ materially from these forward-looking statements include, among others, all of the risks described in the “Risk Factors” section of SharonAI’s most recent filings and reports with the SEC. Additional assumptions, risks and uncertainties are described in detail in our registration statements, reports and other filings with the SEC, which are available at www.sec.gov.
The forward-looking statements and other information contained in this news release are made as of the date hereof and Sharon AI does not undertake any obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260303556180/en/
Sharon AI Media Enquiries:
Rosalyn Christian/Zachary Nevas
IMS Investor Relations
+1 203.972.9200
sharonai@imsinvestorrelations.com
Original: Sharon AI Appoints Mr. Benjamin Adams to Board of Directors
US Market News
3月前
Sharon AI & Cisco Launch Australia’s First Cisco Secure AI Factory with NVIDIAFebruary 23, 2026 12:15 AM
Business Wire
News summary
Cisco and Sharon AI launch Australia’s first Cisco Secure AI Factory with NVIDIA, providing secure, high-performance AI infrastructure with all data processing remaining in the country.
Powered by 1024 NVIDIA Blackwell Ultra GPUs, Cisco’s UCS servers and Nexus Hyperfabric technology, it supports Australia’s National AI Plan and accelerates enterprise AI adoption and innovation across the Asia-Pacific region.
This initiative positions Australia to lead in sovereign and responsible AI, empowering enterprises to develop advanced AI solutions while maintaining the highest security standards.
Today, Cisco (NASDAQ: CSCO) and SharonAI Holdings Inc. (NASDAQ:SHAZ) and its subsidiaries (“Sharon AI”), a leading Australian neocloud announced the launch of Australia’s first Cisco Secure AI Factory in partnership with NVIDIA.
This initiative marks a significant leap forward in providing Australia with secure, scalable and high-performance sovereign AI capabilities with all data and AI processing kept within the country. By delivering robust national digital infrastructure and upholding data sovereignty, the Cisco Secure AI Factory powers an AI-enabled economy, supporting the development, adoption, and responsible use of AI in alignment with Australia’s new National AI Plan.
Sharon AI will offer a variety of solutions tailored to different customer needs and industries. Customers will also have access to a sandbox environment to experiment with proof-of-concepts. At the foundation of these offers is the Cisco Secure AI Factory with NVIDIA, powered by:
Cisco’s UCS servers, together with Cisco security and networking portfolio delivering accelerated AI capabilities, and Nexus Hyperfabric as part of the Nexus One unified management plane.
1024 NVIDIA Blackwell Ultra GPUs, delivering breakthrough performance and flexibility for complex AI and machine learning tasks.
VAST Data’s cutting-edge storage systems provide the fast, reliable, and scalable data access to support demanding AI workloads.
NEXTDC’s world-class Australian data centers provide resilient, sovereign hosting for all critical infrastructure.
“AI innovation is moving faster than ever, and Cisco is delivering the critical infrastructure Australia needs to move fast and adopt AI safely and securely. The Cisco Secure AI Factory enables enterprises and governments to harness their data for differentiation, unlocking innovation and competitive advantage, by strengthening sovereign capabilities and building a trustworthy AI ecosystem. This collaboration positions Australia at the forefront of secure, responsible AI,” said Stefan Leitl, Vice President & General Manager, Cisco Australia & New Zealand.
“We are excited to have partnered with Cisco and NVIDIA to accelerate enterprise AI and high-performance compute adoption throughout Asia-Pacific. This 1024 NVIDIA Blackwell Ultra deployment has been architected and deployed alongside Cisco to ensure together we can bring unprecedented value to customers. We look forward to further collaboration with the Cisco team to drive enterprise AI adoption and additional clusters in 2026 and beyond,” said James Manning, Co-Founder and CEO, Sharon AI.
“Secure, sovereign AI infrastructure is a critical resource for enterprises across the Asia-Pacific region. Sharon AI and Cisco are accelerating the next wave of innovation with NVIDIA Blackwell Ultra GPUs to provide Australia with its first Secure AI Factory with NVIDIA,” said Sudarsharn Ramachandran, Country Manager – Enterprise Australia & New Zealand, NVIDIA.
More information is available Cisco Secure AI Factory with NVIDIA.
About Cisco
Cisco (NASDAQ: CSCO) is the worldwide technology leader that is revolutionizing the way organizations connect and protect in the AI era. For more than 40 years, Cisco has securely connected the world. With its industry leading AI-powered solutions and services, Cisco enables its customers, partners and communities to unlock innovation, enhance productivity and strengthen digital resilience. Cisco remains committed to creating a more connected and inclusive future for all. Discover more on The Newsroom and follow us on X at @Cisco.
About Sharon AI
SharonAI Holdings Inc. (NASDAQ:SHAZ) and its subsidiaries (“Sharon AI”), Australia’s leading Neocloud, is a High-Performance Computing company focused on Artificial Intelligence and Cloud GPU Compute Infrastructure. Our cloud GPU platform and compute infrastructure is accelerating the build of AI factories and sovereign AI solutions, powering the next wave of accelerated computing adoption. For more information, visit www.sharonai.com.
Forward-Looking Statements
This press release may contain, and our officers and representatives may from time to time make, “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, which are not historical facts and which are not assurances of future performance. Forward-looking statements are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. In some cases you can identify these statements by forward-looking words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “should,” “would,” “project,” “strategy,” “plan,” “expect,” “goal,” “seek,” “future,” “likely” or the negative or plural of these words or similar expressions or references to future periods. Forward-looking statements in this release include specific statements regarding the anticipated listing on the Nasdaq Capital Market and completion of the Offering. Examples of such forward-looking statements include but are not limited to express or implied statements regarding Sharon AI’s management team’s expectations, hopes, beliefs, intentions or strategies regarding the future including, without limitation, statements regarding:
Service and product offerings;
Receipt and use of proceeds;
Acceleration of the deployment of assets;
Acceleration of Sharon AI’s ability to engage with additional potential customers;
Expansion of Sharon AI’s data center footprint;
The firming of Sharon AI’s ability to formally lease additional capacity; and
The strengthening of Sharon AI’s partner network.
In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. You are cautioned that such statements are not guarantees of future performance and that actual results or developments may differ materially from those set forth in these forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause actual results to differ materially from these forward-looking statements include, among others, all of the risks described in the “Risk Factors” section of the Registration Statement on Form S-1 declared effective by the SEC on February 17, 2026. Additional assumptions, risks and uncertainties are described in detail in our registration statements, reports and other filings with the SEC, which are available at www.sec.gov.
The forward-looking statements and other information contained in this news release are made as of the date hereof and Sharon AI does not undertake any obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260222106454/en/
Sharon AI Media Enquiries:
Rosalyn Christian/Zachary Nevas
IMS Investor Relations
+1 203.972.9200
sharonai@imsinvestorrelations.com
Original: Sharon AI & Cisco Launch Australia’s First Cisco Secure AI Factory with NVIDIA