Sharon AI prices IPO at $30/sh, raises $125M gross; begins trading on Nasdaq under SHAZ

SharonAI Holdings Inc.

Priced 4,166,666 shares at $30.00 each for $125M gross; net proceeds ~$118.9M.
Net proceeds to be used for additional GPU equipment and working capital.
Common stock began trading on Nasdaq Capital Market on Feb 18, 2026 under ticker 'SHAZ'.
Offering led by Oaktree Capital Management and Two Seas Capital; Lucid Capital Markets sole book-runner.
Underwriters have 45-day option for up to 625,000 additional shares; 60-day company lock-up, 90-day officer/director lock-up.

item 1.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

SharonAI Holdings Inc. entered into Underwriting Agreement with Lucid Capital Markets, LLC (effective 2026-02-18).

Action: entry
Agreement: underwriting
Counterparty: Lucid Capital Markets, LLC
Effective: 2026-02-18

Exact text from the filing

On February 18, 2026, SharonAI Holdings Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Lucid Capital Markets, LLC as representative of the several underwriters identified therein (the “Underwriters”), relating to the public offering (the “Offering”) of 4,166,666 shares (the “Firm Shares”) of the Company’s Class A Ordinary Common Stock, par value $0.0001 (the “Common Stock”), at public offering price of $30.00 per share.

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272 material agreements filed in the last 30 days. Browse all material agreements →

SharonAI Holdings Inc. filing history →

Source: SEC EDGAR

accession 0001829126-26-001479

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