SharonAI jumps 24% after announcing $1.6 billion financing
BUZZ-SharonAI jumps 24% after announcing $1.6 billion financing ** Shares of Australia-based neocloud firm SharonAI SHAZ.O surges 24.4% to $95.4
** SHAZ announces $1.6 bln strategic financing
** Intends to use net proceeds from the offering to fund previously announced compute collaboration with Nvidia NVDA.O** Goldman Sachs is lead placement agent for the offering
** SHAZ has risen more than 200% since going public in February
(Reporting by Akshaya V in Bengaluru)
Recent news on SharonAI Holdings
See all newsUS STOCKS ON THE MOVE-Cardinal Health, nVent, Acuity
U.S. STOCKS ON THE MOVE-Cardinal Health, Fervo Energy, Rocket Lab
U.S. STOCKS ON THE MOVE-Progress Software, Vicor Corp, Accenture
SharonAI climbs on $356 mln debt deal for AI expansion
Brief: Sharon Ai Enters Into Gpu-Backed Debt Facility, Expanding Funding Flexibility For Ai Factory Deployments