SharonAI Lands $356M GPU-Backed Debt Facility to Fund 68,000 Nvidia GPUs
SHAZ has more than doubled off its 52-week low of $16.55.
Summary
SharonAI secured its first $356 million committed senior secured GPU-backed SPV debt facility at a fixed 9.95% rate, with Goldman Sachs and private credit funds participating. The capital will fund deployment of over 68,000 Nvidia GPUs by mid-2027, backed by customer contracts worth more than $8.8 billion. This brings total institutional capital raised in the past 10 months to over $2.6 billion, underscoring the company's aggressive AI infrastructure buildout across Australia, New Zealand, and Asia-Pacific. The financing structure is designed to improve returns on equity as the company scales its neocloud platform. Next earnings report is estimated for November 15, 2026, with revenue expected at $32.05 million.
Updates
· SEC 8-K — The 8-K details the facility: $150M Facility A at 7.25% initial rate and $206M Facility B at 9.95%, 42-month maturity, secured by substantially all Obligor assets.
At the time of this announcement, SHAZ was trading at $50.05 on NASDAQ in the Technology sector, with a market capitalization of approximately $1.8B. The 52-week trading range was $16.55 to $97.48. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Benzinga.