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Sharon AI’s $125 million IPO takes Australian neocloud to Nasdaq
Australian neocloud targets more GPU capacity as investor appetite builds for specialised AI infrastructure.
By Khamila Mulia
Editor APAC, The Tech Capital
2 Mins
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Photo by Jakub Żerdzicki on Unsplash.
Sharon AI Holdings, an Australian neocloud provider, began trading on the Nasdaq Capital Market on 18 February 2026 under the ticker SHAZ after pricing its US IPO at US$30 a share, raising about US$125 million in gross proceeds.
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Khamila Mulia
Editor APAC, The Tech Capital
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