Sharon AI Secures $356 Million for Asia-Pacific AI Buildout

Debt Deal Anchored to GPU Collateral and Customer Contracts

SharonAI Holdings Inc. (NASDAQ: SHAZ) has entered into a USD 356 million committed senior secured debt facility structured through a special purpose vehicle, with borrowing secured against NVIDIA graphics processors and the cash flows they generate. The Australian Neocloud announced the arrangement on October 1, 2026, setting the interest cost at a fixed 9.95 percent before fees.

The company stated that the money raised will go toward building out compute infrastructure tied to customer contracts. Sharon AI characterized the contract-backed funding structure as evidence of the security and delivery discipline that underpins its platform and framed the deal as progress toward a stated ambition of operating gigawatt-scale AI compute capacity across Australia, New Zealand, and the wider Asia-Pacific region.

Investor Line-Up and a Growing Capital Stack

Participation in the facility spans Australian, Asian, and global institutions, with Goldman Sachs and select large private credit funds among the investors named. Sharon AI described the transaction as the opening move in what it expects to be a series of GPU financings backing a deployment schedule of more than 68,000 NVIDIA GPUs by mid-2027.

The closing of this facility brings a notable cumulative figure into view: over the past 10 months, the company has now secured in excess of USD 2.6 billion in institutional debt and equity capital.

Sharon AI said the deal extends its capital markets program and demonstrates its capacity to draw on diversified funding sources as it scales an AI infrastructure platform serving hyperscale operators, AI natives, government bodies, enterprises, and research organizations.

CEO Ties Facility to Contracted Offtake of USD 8.8 Billion

James Manning, who co-founded Sharon AI and serves as its Chief Executive Officer, set out the strategic logic behind the raise in the company's announcement.

"As demand for sovereign and secure, trusted AI infrastructure continues to outpace available supply globally, and particularly across Australia, New Zealand and the broader Asia-Pacific, access to scalable debt capital is an important enabler of our growth," Manning said.

He pointed to the company's book of quality customer offtake, which he said now carries a total contract value exceeding USD 8.8 billion, as the basis on which the company expects to keep reaching debt markets for future GPU deployments.

According to Manning, the debt structure is intended to improve return on equity and, over time, lift long-term shareholder value. "With a strong balance sheet, growing contracted capacity pipeline, and a disciplined approach to capital allocation, we believe we are well positioned to continue scaling our AI platform across the Asia-Pacific region," Manning said.

Advisor Appointed and a Look at the Business Behind the Deal

Jarden Australia served as sole financial advisor and arranger on the transaction. Sharon AI positions itself as a leading Australian Neocloud providing trusted sovereign AI infrastructure.

Its AI Factory platform, working alongside an ecosystem of technology and co-location partners, is designed to give organizations access to scalable capabilities for building, training, and running AI, spanning model training, inference, and agentic AI workloads.

The company serves customers globally and says it helps them move from AI potential to measurable value.

Disclosure Channels and Regulatory Caveats Detailed

In its release, Sharon AI flagged how it handles material non-public information, stating that its Investor Relations page is the primary channel for such disclosures and for meeting obligations under Regulation FD.

The company added that it also disseminates material non-public information at times through other mediums, including its X account and LinkedIn account, press releases, filings with the SEC, and events such as conference calls, webcasts, and investor days. The announcement carried forward-looking statements covered by the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995.

Sharon AI cautioned that these statements are not historical facts and offer no assurance of future performance, resting instead on current beliefs, expectations, and assumptions about the business; future plans and strategies; projections; anticipated events and trends; the economy; and other future conditions.

Among the forward-looking statements identified in the release were those concerning service and product offerings, deployment of assets, and expansion of network procurement. They also covered the company’s ability to engage additional potential customers, expand its data center footprint and capacity, and strengthen its partner network.

Other statements concerned additional or future GPU financings, complete fulfillment of all customer contracts, and the effect of debt structures intended to enhance return on equity and drive stockholder value. The release also addressed the company’s position to keep scaling its AI platform across the Asia-Pacific region.

Because forward-looking statements concern the future, the company noted, they remain subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict.