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Sharon AI Announces Closing of Private Offering of Convertible Senior Notes With Aggregate Gross Proceeds of US$350 Million
NEW YORK, May 20, 2026--Today, SharonAI Holdings Inc. (NASDAQ:SHAZ) and its subsidiaries ("Sharon AI" or "the Company"), a leading Australian Neocloud, announced the closing of its previously announced offering of Convertible Senior Notes due in 2031 (the "Notes") in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. The financing was led by Oaktree Capital Management, L.P. ("Oaktree"), including funds and accounts within Oakt
About this update from Sharonai Holdings, Inc.
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