Situational Awareness LP discloses 10% stake in SharonAI Holdings
Situational Awareness LP has filed a Form 3 with the U.S. Securities and Exchange Commission disclosing an initial beneficial ownership stake in SharonAI Holdings Inc. (NASDAQ: SHAZ), with an event date of June 22, 2026.
According to the filing, Situational Awareness LP holds 1,696,127 shares of Class A Ordinary Common Stock indirectly, along with pre-funded warrants exercisable into an additional 6,374,823 shares of Class A Ordinary Common Stock at an exercise price of $0.0001 per share. The warrants have no expiration date and are exercisable at any time.
The filing identifies Situational Awareness LP as a 10% owner of SharonAI Holdings. The related entities include SAF AI GP LP, Situational Awareness LLC, and Situational Awareness Partners LP, the fund that directly holds the securities. Leopold Aschenbrenner is identified as the managing partner and control person, while Carl Shulman is listed as co-portfolio manager.
The pre-funded warrants are subject to a 19.99% ownership cap, meaning the warrants cannot be exercised to the extent that doing so would cause the reporting persons to exceed that threshold of the issuer's outstanding Class A Ordinary Common Stock. That limitation will be removed upon stockholder approval of the shares issuable upon exercise of the warrants.
The reporting persons disclaim beneficial ownership of the securities except to the extent of their respective pecuniary interests.
