Sharon AI raises $125 million in Nasdaq IPO, secures major contracts
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Sharon AI Reports First Quarter 2026 Results
May 15, 2026 4:37 PM EDTAcceleration of AI Cloud Growth in Australia and Asia-Pacific Continues
NEW YORK--(BUSINESS WIRE)-- Today, SharonAI Holdings Inc. (NASDAQ: SHAZ) and its subsidiaries (Sharon AI or the Company), a leading Australian Neocloud, announced the release of its financial and operational results for the first quarter of 2026.
Key activities in first quarter 2026 included:
Nasdaq IPO: Sharon AI IPO which took place in February 2026, raising US$125m, led by Oaktree Capital Management L.P. & Two Seas Capital LP. Completion of the Sale of 50% holding... More