8-K - SharonAI Holdings Inc. | StockGist

AI Analysis

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SharonAI Holdings Inc. entered a $1.25 billion, five-year agreement with ESDS Software Solutions Limited to provide managed GPU compute and cloud infrastructure services in Australia.

Key Takeaways

1Total contract value is approximately USD $1.25 billion over an initial 60-month term, implying significant revenue scale.

2The Company will deploy approximately 8,200 NVIDIA B300 GPUs and 17.80 petabytes of VAST storage in Australia.

3The Customer must provide USD $140 million in security via letters of credit or bank guarantees.

4Revenue is expected to commence in Q3 2026, with infrastructure delivery targeted for September 16, 2026.

5The Customer has an option to extend the contract for an additional 24 months beyond the initial term.

Current Report Details

Event Type

Material Agreement

Regulation Fd

Exhibits Only

Disclosure

Mandatory

Variant

8-K

Items Reported

1.01

Entry into a Material Definitive Agreement.** On March 31, 2026, SharonAI Holdings Inc., through its wholly-owned subsidiary (together, the “Company”), entered

Material Agreement

$1.25B$140.0M

7.01

, including Exhibit 99.1, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the

Regulation Fd

9.01

Financial Statements and Exhibits.** **(d) Exhibits. ** | Exhibit No. | | Description | |---|---|---| | 99.1 | | Press Release dated April 1, 2026 | **CAUTIONAR

Exhibits Only

Source Document

Transaction Details

Material Agreement

Agreement: Master Services Agreement and Service Order No. 1
Parties: SharonAI Holdings Inc., ESDS Software Solutions Limited

•Initial term of 60 months
•Total contract value of approximately USD $1,250,000,000
•Customer option to extend for 24 months
•Deployment of approximately 8,200 NVIDIA B300 GPUs
•Deployment of approximately 17.80 petabytes of VAST storage
•Infrastructure delivery deadline of September 16, 2026
•Customer security requirement of USD $140,000,000 in letters of credit or bank guarantees
•Service fees payable monthly in advance
•Target annual uptime of 99.95%
•Customer may not terminate for convenience during the first 36 months

Exhibits (2)

8-K

99.1

EX-99.1