Recent Updates — SHAZW

SharonAI Holdings Inc. filed an amendment to its Form 8-K dated September 23, 2026, correcting the disclosed item from Item 4.01 (Changes in Registrant’s Certifying Accountant) to Item 7.01 (Regulation FD Disclosure). The underlying press release announces a collaboration with VAST Data to integrate VAST DataEnclave into Sharon AI’s AI Factory platform across Australia and Asia-Pacific. This partnership enables customers to run confidential, hardware-isolated AI models onshore while maintaining data sovereignty and cryptographic attestation. The company operates in the artificial intelligence infrastructure industry, providing sovereign cloud computing services.

SharonAI Holdings Inc. entered into a Deed of Release with co-founder and former Chief Operating Officer Andrew Leece on September 8, 2026. Effective September 7, 2026, Mr. Leece’s role was changed to Head of Strategic Partnerships while retaining an annual base salary of AUD$563,380 (approximately US$400,000). He received a fixed short-term incentive of AUD$422,535 and remains eligible for up to 6,416 restricted stock units. Mr. Leece retains 151,219 unvested RSUs, while all other previously granted equity was forfeited. His employment agreement is now a fixed term ending March 31, 2027. The company operates in the artificial intelligence and technology sector.

SharonAI Holdings Inc. appointed David Burns as Chief Operating Officer, effective September 7, 2026. Burns succeeds co-founder Andrew Leece, who transitions to Head of Strategic Partnerships to focus on key customer and data center relationships. Under the employment agreement, Burns receives an annual base salary of AUD$550,000 (approx. US$395,000) with eligibility for short-term and long-term incentive awards up to 150% of his base salary. The company operates in the artificial intelligence infrastructure sector, providing sovereign AI computing capabilities through its Neocloud platform.

SharonAI Holdings Inc. announced the successful delivery and customer acceptance of an initial AI Cloud deployment for a global technology company with a major Asia-Pacific presence. This milestone completes the first phase under a five-year AI Cloud infrastructure agreement valued at approximately US$950 million, triggering the release of cash security held in escrow. Revenue from this contract is expected to commence in stages during the third and fourth quarters of 2026. The company has secured 212MW of AI Factory capacity, with 120MW contracted under multi-year take-or-pay agreements. SharonAI Holdings Inc. operates as an Australian neocloud provider delivering sovereign artificial intelligence infrastructure.

SharonAI Holdings Inc. reported second quarter 2026 financial results, posting revenue of $1.9 million and a net loss of $(430.4) million, primarily driven by a $400.4 million non-cash fair value loss on convertible notes. The company holds $1.9 billion in cash and cash equivalents following a $1.6 billion private placement, $350 million convertible note offering, and the divestment of Texas Critical Data Centers. Total contract value reached approximately $8.8 billion, anchored by a six-year, $4.9 billion strategic compute collaboration with NVIDIA for up to 40,000 GB300 GPUs. Operational highlights include an expanded VAST Data partnership deploying 600PB of storage and capacity expansion from 132MW to 212MW. The company appointed Andrew Penn AO as Non-Executive Chairman and Anuj Goel as CFO. SharonAI Holdings Inc. operates in the artificial intelligence infrastructure industry, providing sovereign AI compute and data center services.

Sharon AI Holdings Inc. announced the appointment of Melissa Anastasiou as Chief Legal Officer to lead legal, governance, and compliance functions. Anastasiou previously served as Executive Group General Counsel and Commercial Director at Spark New Zealand. The company is a High-Performance Computing company focused on Artificial Intelligence and Cloud GPU/CPU Compute Infrastructure.