SharonAI Holdings Inc. and its subsidiaries, Australia’s leading Neocloud (SHAZ:OTC Markets, SHAZW:OTC Markets), announced the successful completion of a capital raising totaling at least US$100 million through a Convertible Note offering. The transaction was finalized as of the close of business on Friday, December 19, 2025. Participation came from both new and existing institutional investors, as well as strategic corporate partners. Canaccord Genuity Australia served as the sole lead manager for the offering. The net proceeds will be used to advance Sharon AI’s technology development, expand its global operations, strengthen its AI infrastructure, and support strategic initiatives within its Neocloud ecosystem. The company emphasized that the capital raise underscores strong investor confidence in its long-term vision and growth trajectory in the rapidly evolving artificial intelligence and cloud computing sectors.