secwatch.observer — SEC 8-K summary
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Issuer:     SharonAI Holdings Inc. (SHAZ)
CIK:        0002068385
Form:       8-K/A
Filed at:   2026-06-17T16:40:12+00:00
Accession:  0001493152-26-029052
Event type: other_material
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 2.03, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SharonAI raises $1.6B via equity and convertible notes for NVIDIA AI factory expansion
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- $900M equity offering: ~6.72M shares at $68.73 and pre-funded warrants for 6.37M shares.
- $700M 4.75% Convertible Senior Notes due 2032 with initial conversion price ~$99.66 per share (45% premium).
- Proceeds to fund six-year strategic compute collaboration with NVIDIA, deploying up to 40,000 Grace Blackwell GB300 GPUs.
- Filing amends prior 8-K: Notes principal corrected to $700M (from $600M) and conversion price to $99.66 (from $95.66).
- Expected closing on or about June 22, 2026, subject to customary conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2068385/000149315226029052/0001493152-26-029052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2068385/000149315226029052/form8-ka.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-029052

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer