SharonAI Holdings Inc. - 8-K Filing
SharonAI Holdings Inc. issued $350 million aggregate principal amount of 6.00% Convertible Senior Notes due May 2031 on May 18, 2026, under an Indenture with U.S. Bank Trust Company as trustee. The notes are convertible into shares of Class A ordinary common stock at a conversion price of approximately $48.24 per share (initially 20.7292 shares per $1,000 principal). Up to 8,706,250 shares may be issued upon full conversion. (Items: 1.01 Entry into a Material Definitive Agreement 6, 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, 3.02 Unregistered Sales of Equity Securities, 7.01 Regulation FD Disclosure)
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