{"id":937757,"date":"2026-02-18T07:34:37","date_gmt":"2026-02-18T12:34:37","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/sharon-ai-announces-nasdaq-listing-and-pricing-of-125-million-u-s-initial-public-offering\/"},"modified":"2026-02-18T07:34:37","modified_gmt":"2026-02-18T12:34:37","slug":"sharon-ai-announces-nasdaq-listing-and-pricing-of-125-million-u-s-initial-public-offering","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sharon-ai-announces-nasdaq-listing-and-pricing-of-125-million-u-s-initial-public-offering\/","title":{"rendered":"Sharon AI Announces Nasdaq Listing and Pricing of $125 Million U.S. Initial Public Offering"},"content":{"rendered":"

<\/p>\n

Sharon AI Announces Nasdaq Listing and Pricing of $125 Million U.S. Initial Public Offering<\/b><\/p>\n

NEW YORK–(BUSINESS WIRE<\/a>)–
\nSharonAI Holdings Inc. and its subsidiaries (\u201cSharon AI\u201d or the \u201cCompany\u201d), a leading Australian Neocloud, today announced the pricing of its initial public offering (the \u201cOffering\u201d) in the United States of 4,166,666 shares of its Class A Ordinary Common Stock (the \u201cCommon Stock\u201d) at a public offering price of $30.00 per share, for total gross proceeds of approximately $125 million, before deducting underwriting discounts and commissions and other offering expenses. The Company intends to use the net proceeds from the Offering to acquire additional GPU focused equipment and for working capital and other general corporate purposes.<\/p>\n

\nThe Offering was led by funds managed by Oaktree Capital Management, L.P. (\u201cOaktree\u201d) and Two Seas Capital LP with significant participation from several other leading institutional investors.<\/p>\n

\nAll of the shares of Common Stock to be sold in the Offering will be sold by the Company. In addition, the Company has granted the underwriter a 45-day option to purchase up to an additional 625,000 shares of its Common Stock at the public offering price less the underwriting discounts and commissions. The shares of the Company\u2019s Common Stock are expected to begin trading today, February 18, 2026, on the Nasdaq Capital Market under the ticker symbol \u201cSHAZ.\u201d The Offering is expected to close on or about February 19, 2026, subject to the satisfaction of customary closing conditions. Prior to listing on the Nasdaq Capital Market, the Company’s Common Stock traded on the OTCPK. Shareholders are not required to take any action as a result of the uplisting.<\/p>\n

\nLucid Capital Markets is acting as the sole book-running manager for the Offering.<\/p>\n

\nA registration statement on Form S-1 (File No. 333-292398) relating to these securities was declared effective by the Securities and Exchange Commission (\u201cSEC\u201d) on February 17, 2026. The Offering is being made only by means of a prospectus. A preliminary prospectus related to the Offering has been filed with the SEC and is available on the SEC\u2019s website at www.sec.gov<\/a>. A final prospectus will be filed with the SEC. Copies of the final prospectus related to the Offering may also be obtained, when available, by contacting Lucid Capital Markets, LLC, 570 Lexington Avenue, 40th Floor, New York, NY 10022.<\/p>\n

\nThis press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities nor shall there be any sale of these 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 such state or jurisdiction.<\/p>\n

About Sharon AI<\/b><\/p>\n

\nSharon AI 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. For more information, visit www.sharonai.com<\/a>.<\/p>\n

Forward-Looking Statements<\/b><\/p>\n

\nThis press release may contain, and our officers and representatives may from time to time make, \u201cforward-looking statements\u201d 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 \u201cbelieve,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201cestimate,\u201d \u201ccontinue,\u201d \u201canticipate,\u201d \u201cintend,\u201d \u201ccould,\u201d \u201cshould,\u201d \u201cwould,\u201d \u201cproject,\u201d \u201cstrategy,\u201d \u201cplan,\u201d \u201cexpect,\u201d \u201cgoal,\u201d \u201cseek,\u201d \u201cfuture,\u201d \u201clikely\u201d 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\u2019s management team\u2019s expectations, hopes, beliefs, intentions or strategies regarding the future including, without limitation, statements regarding:<\/p>\n