SharonAI Holdings Inc. has reached a pivotal milestone in its growth journey, announcing the successful completion of a definitive and binding agreement to divest its 50% ownership interest in Texas Critical Data Centers LLC (TCDC). The transaction, valued at US$70 million, marks a strategic inflection point for the company as it sharpens its focus on scaling next-generation Neocloud and AI compute infrastructure across the Asia-Pacific region.
This move positions Sharon AI as a pure-play cloud GPU compute infrastructure provider, reinforcing its commitment to delivering high-performance, scalable cloud solutions for hyperscale, enterprise, research, and government customers.
A Definitive Transaction With Strategic Impact
Under the agreement, New Era Energy & Digital, Inc. (Nasdaq: NUAI) has acquired 100% of the issued and outstanding membership interests in TCDC. With the transaction now closed and consummated, Sharon AI retains no ongoing ownership interest, governance rights, or control provisions related to the Texas-based data center project.
The transaction was initially announced on December 23, 2025, and has now progressed from agreement to completion, providing clarity and certainty to investors and stakeholders.
From a financial perspective, the US$70 million consideration is structured as a blend of debt, equity, and cash:
- US$50 million in a Senior Secured Convertible Promissory Note
- US$10 million in cash
- US$10 million in equity
This balanced structure supports Sharon AI’s capital efficiency while aligning long-term strategic interests.
Strengthening Focus on AI Cloud and GPU Infrastructure
The divestment of TCDC is not an exit from digital infrastructure—it is a reallocation of capital toward higher-growth AI and cloud computing opportunities. Sharon AI intends to deploy the proceeds to expand its core Neocloud operations, bringing high-performance GPU compute capacity to market at scale.
Demand for AI infrastructure continues to accelerate, driven by advancements in machine learning, generative AI, scientific research, and government-led digital initiatives. By concentrating resources on Neocloud platforms, Sharon AI is positioning itself to capture sustained demand for cloud-based AI compute, hyperscale workloads, and advanced data processing.
Notably, the US$70 million in expected proceeds follows Sharon AI’s recent approximately US$100 million convertible note capital raising, further strengthening the company’s balance sheet and growth runway.
Leadership Perspective: A Natural Inflection Point
Commenting on the transaction, James Manning, Co-Founder and Chairman of Sharon AI, described the divestment as a defining moment for the company’s strategic direction.
He emphasized that the sale represents a “natural inflection point,” enabling Sharon AI to move forward as a focused cloud GPU infrastructure provider. Manning also acknowledged the collaboration with New Era Energy & Digital and expressed confidence in their progress as they advance the development phase of the TCDC project.
This leadership clarity underscores Sharon AI’s intent to prioritize scalable AI infrastructure, cloud innovation, and regional expansion over capital-intensive, non-core assets.
What This Means for the Future of Sharon AI
With a strengthened capital position and a streamlined operational focus, Sharon AI is well-positioned to:
- Expand Neocloud capacity across Asia-Pacific
- Support hyperscale AI and enterprise workloads
- Deliver secure, high-performance compute for research and government clients
- Capitalize on long-term growth in AI-driven cloud computing
As the global demand for GPU compute, AI cloud services, and digital infrastructure continues to rise, Sharon AI’s strategic realignment signals confidence in its ability to scale efficiently and competitively.
About SHARON AI
SharonAI Holdings Inc. (“Sharon AI”) and its subsidiaries, a leading Australian Neocloud, is a High-Performance Computing company focused on Artificial Intelligence and Cloud GPU Compute Infrastructure. Our cloud GPU platform and compute infrastructure is accelerating the build of AI factories and sovereign AI solutions, powering the next wave of accelerated computing adoption. For more information, visit www.sharonai.com.
