Sharon AI Announces Nasdaq Listing and \$125 Million U.S. IPO: What Investors Need to Know
Sharon AI Announces Nasdaq Listing and \$125 Million U.S. IPO: What Investors Need to Know
Key Points from the Sharon AI Holdings Inc. Report
- Nasdaq Listing: Sharon AI Holdings Inc. (“Sharon AI”) has announced its successful uplisting to the Nasdaq Capital Market. The company’s shares will trade under the ticker symbol SHAZ.
- Initial Public Offering (IPO) Pricing: The company has priced its U.S. IPO at \$30.00 per share, offering 4,166,666 shares of Class A Ordinary Common Stock for gross proceeds of approximately \$125 million, before underwriting discounts and expenses.
- Additional Shares Option: The underwriter has a 45-day option to purchase up to an additional 625,000 shares at the IPO price, less underwriting discounts and commissions.
- Use of Proceeds: The net proceeds are earmarked for acquiring additional GPU-focused equipment, working capital, and other general corporate purposes. This is expected to directly support Sharon AI’s expansion in high-demand, high-growth AI compute markets.
- IPO Investors: The IPO was led by funds managed by Oaktree Capital Management, L.P. and Two Seas Capital LP, with significant participation from other major institutional investors, highlighting strong institutional confidence in Sharon AI’s prospects.
- Book-Runner: Lucid Capital Markets is acting as the sole book-running manager for the Offering.
- SEC Registration: The offering is being made under an effective registration statement on Form S-1, declared effective by the SEC on February 17, 2026.
- Transition from OTCPK: Prior to this Nasdaq listing, the company’s common stock traded on the OTCPK market. No shareholder action is required as a result of this uplisting.
What Shareholders and Investors Need to Know
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Significant Capital Raising: The \$125 million raised will substantially increase Sharon AI’s resources, allowing for strategic investment in GPU infrastructure, which is critical for scaling AI and cloud computing services. This capital infusion may accelerate revenue growth and expand the company’s competitive positioning.
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Potential for Increased Liquidity and Visibility: Uplisting to Nasdaq is a major milestone that is likely to enhance the company’s visibility, attract additional institutional investors, and boost trading liquidity. Such moves often lead to increased share price volatility in the short term as new investors enter and trading activity increases.
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Expansion Plans: Sharon AI’s focus on expanding its data center footprint, accelerating asset deployment, and strengthening its partner network are all forward-looking strategies that could drive future growth. Investors should monitor execution against these objectives for ongoing valuation impact.
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Forward-Looking Risks: The company has explicitly cautioned that its forward-looking statements are subject to significant risks and uncertainties, including those described in its SEC filings. Actual outcomes may differ materially from current expectations.
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Price-Sensitive Triggers: The actual deployment of IPO proceeds, ability to secure additional customers, and execution of expansion plans will be closely watched by the market. Any positive or negative developments in these areas could materially affect share price.
About Sharon AI
Sharon AI is an Australian-based high-performance computing company specializing in artificial intelligence and cloud GPU compute infrastructure. Its platform is designed to support the development of AI factories and sovereign AI solutions, positioning the company to benefit from the rapid adoption of accelerated computing across multiple industries.
Contact and Additional Information
For more details, investors and analysts can contact:
Rosalyn Christian / Zachary Nevas
IMS Investor Relations
+1 203.972.9200
[email protected]
Official website: www.sharonai.com
Disclaimer
This article is for informational purposes only and does not constitute investment advice or an offer to buy or sell securities. Investors are encouraged to review all available information, including the company’s filings with the Securities and Exchange Commission (SEC), and to consult their own advisors before making investment decisions. Forward-looking statements are subject to risks and uncertainties, and actual results may differ materially.
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