SharonAI receives accelerated $50M note redemption plus true-up shares, total proceeds of $74M from TCDC JV sale

SharonAI Holdings Inc.

Total proceeds from sale of 50% TCDC interest to NUAI now $74M, $4M above original $70M.
NUAI exercised optional redemption of $50M Senior Secured Convertible Promissory Note (matured June 30, 2026) plus accrued interest.
SharonAI can convert up to 20% of principal into NUAI common stock by Apr 17; balance paid in cash by Apr 24.
NUAI issued true-up notice for ~893,724 additional shares at $3.35/share following its recent public offering.
CEO states accelerated capital inflow strengthens balance sheet with non-dilutive funding for scaling AI/HPC cloud in Australia.

item 7.01 item 9.01

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