StocksMedium•1 October 2026•
1 min read

Sharon AI Secures $356M GPU-Backed Debt Facility for Infrastructure Expansion

Key Facts

1Sharon AI announced it has entered into a $356 million committed senior secured debt facility at a fixed rate of 9.95%.
2The facility is secured against GPUs and associated cash flows to support the deployment of AI compute infrastructure.

Sharon AI Holdings Inc. announced it has entered into a $356 million committed senior secured debt facility at a fixed interest rate of 9.95%. According to a company statement via PR Newswire, the proceeds will support the deployment of AI compute infrastructure dedicated to customer contracts and expand capacity across the Asia-Pacific region.

The facility is secured against GPUs and associated cash flows to enable the delivery of large-scale compute capacity in Australia and New Zealand. SHAZ closed at $54.6 on September 30, 2026, having traded between a day low of $52.9 and a high of $55.13 during that session.