secwatch.observer — SEC 8-K summary
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Issuer:     SharonAI Holdings Inc. (SHAZ)
CIK:        0002068385
Form:       8-K
Filed at:   2026-02-19T23:59:59+00:00
Accession:  0001829126-26-001479
Event type: other_material
Sentiment:  positive
Materiality: 0.90
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2068385/000182912626001479/0001829126-26-001479-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2068385/000182912626001479/sharonai_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-26-001479

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