Sharon AI Prices IPO at $30 per Share in the US
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 18 2026
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Should l Buy SHAZ?
Sharon AI, an Australian high-performance computing company focused on artificial intelligence and cloud GPU compute infrastructure, priced its initial public offering in the United States of 4,166,666 shares of its Class A ordinary common stock at a public offering price of $30.00 per share. The company intends to use the net proceeds from the offering to acquire additional GPU focused equipment and for working capital and other general corporate purposes. Prior to listing on the Nasdaq Capital Market, the company's common stock traded on the OTCPK. Lucid Capital Markets is acting as the sole book-running manager for the offering.
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About SHAZ
SharonAI Holdings Inc. is a high-performance computing (HPC) business focused on artificial intelligence (AI), cloud graphics processing unit (GPU) compute infrastructure and data storage. Its HPC and AI cloud platform requires GPU, CPU and storage server hardware specific to the requirements of its customers, along with a data center environment to host that hardware under conditions suitable for its operation, including network connectivity, cooling and access to electricity at wholesale pricing. It manages the complex operations of this infrastructure, allowing its customers to focus on their software applications. Its cloud platform is designed to support a variety of workloads across generative AI, traditional high-performance compute, machine learning, visual effects, and other use cases, by offering a range of GPU models in different configurations. It offers a cloud storage service as part of the HPC/AI platform for customers to store their application-related data sets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Cisco and Sharon AI Launch Australia's First Secure AI Factory
- Secure AI Infrastructure: Cisco's partnership with Sharon AI to launch Australia's first Cisco Secure AI Factory marks a significant advancement in the country's secure, scalable sovereign AI capabilities, with all data and AI processing conducted domestically, thereby enhancing national digital infrastructure security.
- High-Performance Computing Deployment: The factory will deploy 1,024 NVIDIA Blackwell Ultra GPUs, aimed at accelerating enterprise AI and high-performance computing adoption, which is expected to deliver unprecedented value to customers and further drive technological innovation across the Asia-Pacific region.
- Support for National AI Plan: The establishment of this factory aligns with Australia's new National AI Plan, promoting the development, adoption, and responsible use of AI, helping enterprises and governments leverage data for differentiation and enhancing competitive advantage.
- Diverse Customer Solutions: Sharon AI will offer a variety of solutions tailored to different industry needs, providing a sandbox environment for proof-of-concept experimentation, further driving innovation and application of AI in enterprises.
See More
Launch of Australia's First Secure AI Factory by Cisco and Sharon AI
- Secure AI Infrastructure: Cisco and Sharon AI have launched Australia's first Cisco Secure AI Factory, powered by 1024 NVIDIA Blackwell Ultra GPUs, ensuring all data processing remains within the country, thereby enhancing national sovereignty and security in the AI sector.
- Support for National AI Plan: This factory not only provides enterprises with high-performance AI infrastructure but also aligns with Australia's National AI Plan, accelerating AI adoption and innovation across the Asia-Pacific region, thus strengthening the country's competitive position in the global AI market.
- Diverse Solutions Offered: Sharon AI will offer a variety of solutions tailored to different industries, along with a sandbox environment for customers to experiment with proof-of-concepts, further promoting enterprise exploration and application in the AI domain.
- Future Collaboration Outlook: The partnership between Cisco and Sharon AI extends beyond the current initiative, with plans to expand AI infrastructure in 2026 and beyond, driving enterprise AI adoption in the Asia-Pacific region and reinforcing Australia's leadership in the global AI ecosystem.
See More
SharonAI Holdings Prices U.S. IPO at $30 per Share
- IPO Pricing: SharonAI Holdings has successfully priced its U.S. initial public offering of 4,166,666 Class A ordinary shares at $30 per share, raising approximately $125 million, indicating market confidence in its business model.
- Trading Schedule: The shares are expected to begin trading on the Nasdaq Capital Market on February 18 under the ticker “SHAZ,” with the offering anticipated to close on or about February 19, subject to customary conditions.
- Use of Proceeds: The company intends to utilize the net proceeds to acquire additional GPU-focused equipment and for working capital and general corporate purposes, aiming to enhance its technological capabilities and market competitiveness.
- Market Context: Prior to the IPO, SharonAI traded on the OTCPK, and its current stock price stands at $1.90, reflecting a 97.94% decline from the offering price, which suggests a cautious market outlook on its future growth potential.
See More
Sharon AI Prices IPO at $30 per Share, Raising $125 Million
- IPO Pricing: Sharon AI has priced its initial public offering in the U.S. at $30 per share for 4,166,666 shares, raising approximately $125 million, which will provide essential funding for the company's expansion and equipment acquisition.
- Use of Proceeds: The company intends to utilize the net proceeds from the IPO to acquire additional GPU-focused equipment and for working capital, thereby enhancing its competitive edge in high-performance computing and artificial intelligence.
- Underwriter Participation: The offering is led by Oaktree Capital Management and Two Seas Capital LP, with significant participation from several leading institutional investors, reflecting strong market confidence in Sharon AI.
- Listing Details: Sharon AI's common stock is expected to begin trading on the Nasdaq Capital Market under the ticker symbol “SHAZ” on February 18, 2026, with the offering anticipated to close on February 19, 2026, marking a significant milestone for the company in the capital markets.
See More
Cisco and Sharon AI Launch Australia's First Secure AI Factory
- Secure AI Infrastructure: Cisco's partnership with Sharon AI to launch Australia's first Cisco Secure AI Factory marks a significant advancement in the country's secure, scalable sovereign AI capabilities, with all data and AI processing conducted domestically, thereby enhancing national digital infrastructure security.
- High-Performance Computing Deployment: The factory will deploy 1,024 NVIDIA Blackwell Ultra GPUs, aimed at accelerating enterprise AI and high-performance computing adoption, which is expected to deliver unprecedented value to customers and further drive technological innovation across the Asia-Pacific region.
- Support for National AI Plan: The establishment of this factory aligns with Australia's new National AI Plan, promoting the development, adoption, and responsible use of AI, helping enterprises and governments leverage data for differentiation and enhancing competitive advantage.
- Diverse Customer Solutions: Sharon AI will offer a variety of solutions tailored to different industry needs, providing a sandbox environment for proof-of-concept experimentation, further driving innovation and application of AI in enterprises.
See More
Launch of Australia's First Secure AI Factory by Cisco and Sharon AI
- Secure AI Infrastructure: Cisco and Sharon AI have launched Australia's first Cisco Secure AI Factory, powered by 1024 NVIDIA Blackwell Ultra GPUs, ensuring all data processing remains within the country, thereby enhancing national sovereignty and security in the AI sector.
- Support for National AI Plan: This factory not only provides enterprises with high-performance AI infrastructure but also aligns with Australia's National AI Plan, accelerating AI adoption and innovation across the Asia-Pacific region, thus strengthening the country's competitive position in the global AI market.
- Diverse Solutions Offered: Sharon AI will offer a variety of solutions tailored to different industries, along with a sandbox environment for customers to experiment with proof-of-concepts, further promoting enterprise exploration and application in the AI domain.
- Future Collaboration Outlook: The partnership between Cisco and Sharon AI extends beyond the current initiative, with plans to expand AI infrastructure in 2026 and beyond, driving enterprise AI adoption in the Asia-Pacific region and reinforcing Australia's leadership in the global AI ecosystem.
See More
SharonAI Holdings Prices U.S. IPO at $30 per Share
- IPO Pricing: SharonAI Holdings has successfully priced its U.S. initial public offering of 4,166,666 Class A ordinary shares at $30 per share, raising approximately $125 million, indicating market confidence in its business model.
- Trading Schedule: The shares are expected to begin trading on the Nasdaq Capital Market on February 18 under the ticker “SHAZ,” with the offering anticipated to close on or about February 19, subject to customary conditions.
- Use of Proceeds: The company intends to utilize the net proceeds to acquire additional GPU-focused equipment and for working capital and general corporate purposes, aiming to enhance its technological capabilities and market competitiveness.
- Market Context: Prior to the IPO, SharonAI traded on the OTCPK, and its current stock price stands at $1.90, reflecting a 97.94% decline from the offering price, which suggests a cautious market outlook on its future growth potential.
See More
Sharon AI Prices IPO at $30 per Share, Raising $125 Million
- IPO Pricing: Sharon AI has priced its initial public offering in the U.S. at $30 per share for 4,166,666 shares, raising approximately $125 million, which will provide essential funding for the company's expansion and equipment acquisition.
- Use of Proceeds: The company intends to utilize the net proceeds from the IPO to acquire additional GPU-focused equipment and for working capital, thereby enhancing its competitive edge in high-performance computing and artificial intelligence.
- Underwriter Participation: The offering is led by Oaktree Capital Management and Two Seas Capital LP, with significant participation from several leading institutional investors, reflecting strong market confidence in Sharon AI.
- Listing Details: Sharon AI's common stock is expected to begin trading on the Nasdaq Capital Market under the ticker symbol “SHAZ” on February 18, 2026, with the offering anticipated to close on February 19, 2026, marking a significant milestone for the company in the capital markets.
See More
