secwatch.observer — SEC 8-K summary
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Issuer:     SharonAI Holdings Inc. (SHAZ)
CIK:        0002068385
Form:       8-K
Filed at:   2026-06-25T21:00:42+00:00
Accession:  0001493152-26-030158
Event type: other_material
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SharonAI raises $1.6B via equity ($900M) and convertible notes ($700M) for NVIDIA AI factory
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- Closed $900M equity offering of 6.7M shares and 6.4M pre-funded warrants at $68.73 per share.
- Priced $700M of 4.75% Convertible Senior Notes due 2032; conversion price ~$99.66 (45% premium).
- Proceeds to fund six-year collaboration with NVIDIA for an AI Factory in Australia with up to 40,000 GB300 GPUs.
- Equity closed June 23; notes expected to close June 26, 2026.
- Shares and warrants issued in private placement; notes are senior unsecured guaranteed by subsidiaries.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2068385/000149315226030158/0001493152-26-030158-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2068385/000149315226030158/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-030158

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