SharonAI closes US$350 million convertible senior notes offering due 2031

SharonAI Holdings, Inc. Class A

SharonAI Holdings, Inc. Class A

SHAZ

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  • SharonAI Holdings closed a private offering of US$ 350 million Convertible Senior Notes due 2031.
  • Proceeds earmarked for GPU and network procurement, with working capital to support revenue-generating AI cloud deployments.
  • Funding intended to support a previously announced cloud infrastructure agreement valued at about US$ 950 million over five years, with revenue expected to start in Q3-Q4 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SharonAI Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202605201823BIZWIRE_USPR_____20260520_BW866328) on May 20, 2026, and is solely responsible for the information contained therein.

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