m_and_a
confidence high
sentiment neutral
materiality 0.75
SharonAI Holdings completes SPAC merger; 576M shares outstanding, $2.25M notes issued
SharonAI Holdings Inc.
- Business combination closed Dec 16-17, 2025: Roth CH merged into Pubco, SharonAI became wholly-owned subsidiary.
- Post-close share count: 576,165,334 Common Stock; warrants to purchase 25,974,326 shares.
- Issued $2.25M convertible notes at 10% interest, convertible at $0.12/share, maturing Dec 17, 2026 for working capital.
- Amended Yorkville agreements: suspended obligations until Jan 20, 2026, initial $350k payment, final payment to terminate.
- Adopted new charter and bylaws; renamed to SharonAI Holdings Inc., authorized capital increased to 906M shares.