🟢 SharonAI Holdings, Inc. is trading 9.4% up today after announcing a $1.6B private placement for NVIDIA AI factory collaboration

SharonAI Holdings, Inc. is trading 9.4% higher at $93.00 in pre-market sessions following the announcement of a $1.6 billion private placement to fund its NVIDIA AI factory collaboration.

• The financing includes approximately $900 million in common stock and pre-funded warrants, along with $700 million in 4.75% convertible senior notes due 2032.
• The proceeds will support the deployment of up to 40,000 Grace Blackwell GB300 GPUs and the expansion of its AI factory capacity to 132MW across Australia and the Asia-Pacific region.