SharonAI Holdings Inc. (NASDAQ: SHAZ), an Australian Neocloud delivering trusted AI infrastructure, announced on October 1, 2026, that it has entered into its inaugural USD 356 million committed senior secured, GPU-backed SPV debt facility. The facility is priced at a fixed rate of 9.95 percent, excluding fees.

Funding for AI Compute Infrastructure Expansion

Proceeds from the facility will support the deployment of compute infrastructure dedicated to customer contracts. The facility will be secured against the GPUs and associated cash flows.

According to the company, the contract-backed funding structure reflects the security and delivery discipline underpinning Sharon AI's platform and marks a further step towards the Company's ambition of delivering gigawatt-scale AI compute capacity across Australia, New Zealand, and the broader Asia-Pacific.

Institutional Investors and Expansion Plans

The facility includes marquee Australian, Asian, and global investors, among them Goldman Sachs and select large private credit funds. Sharon AI described the transaction as the first in an expected series of GPU financings supporting the scheduled build-out of more than 68,000 NVIDIA GPUs deployed by mid-2027.

With the closing of this transaction, Sharon AI will have secured over USD 2.6 billion of institutional debt and equity capital over the past 10 months.

The company said the financing extends its capital markets program and underscores its ability to access diversified sources of capital as it scales its AI infrastructure platform for a growing customer base of hyperscale, AI natives, government, enterprise, and research organizations.

Leadership Commentary on Capital Strategy

James Manning, Co-founder and Chief Executive Officer of Sharon AI, addressed the rationale behind the financing in the 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 added that the facility demonstrates how the company expects to access debt markets to fund its GPU deployments, leveraging its book of quality customer offtake, which now stands at a total contract value of over USD 8.8 billion.

According to Manning, the structure is designed to enhance return on equity and ultimately drive increased long-term shareholder value.

"With a strong balance sheet, a 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.

Advisory Role and Company Background

Jarden Australia acted as sole financial advisor and arranger on the transaction. Sharon AI is a leading Australian Neocloud delivering trusted sovereign AI infrastructure. Through its AI Factory platform and its ecosystem of technology and co-location partners, the company expands access to scalable capabilities that organizations need to build, train, and run AI, from model training through to inference and agentic AI.

Serving customers globally, Sharon AI helps organizations move faster from AI potential to measurable value.

Disclosure Practices and Forward-Looking Statements

The company noted that it primarily uses its Investor Relations page to disclose material non-public information and to comply with its disclosure obligations under Regulation FD.

Sharon AI also discloses material non-public information at times through other communication mediums, including but not limited to its X account and LinkedIn account, press releases, and regulatory filings with the SEC, or through conference calls, webcasts, and investor days that the company may hold. The announcement contained forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995.

The company cautioned that such statements are not historical facts and are not assurances of future performance. Forward-looking statements are based only on current beliefs, expectations, and assumptions regarding the future of the business, future plans and strategies, projections, anticipated events and trends, the economy, and other future conditions.

Examples of forward-looking statements identified in the release include statements regarding service and product offerings, asset deployment, expansion of network procurement, and Sharon AI’s ability to engage with additional potential customers. They also cover expansion of the company’s data center footprint and capacity and the strengthening of its partner network.

Other examples concern additional or future GPU financings, complete fulfillment of all customer contracts, and the impact of debt structures designed to enhance return on equity and drive stockholder value. The release also includes statements about the company’s position to continue scaling its AI platform across the Asia-Pacific region.

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

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