Sheppard represented Sharon AI, Australia’s leading Neocloud in its $125 million public offering of common stock in the U.S. Concurrently with the offering, the company listed on the Nasdaq Capital Market under the ticker symbol SHAZ.
Sharon AI is a High-Performance Computing business focused on artificial intelligence, cloud GPU compute infrastructure and data storage.
The public offering and Nasdaq listing follow Sharon AI’s recent strategic divestment of Texas Critical Data Centers ownership, where Sheppard also served as legal counsel to the company.
The Sheppard deal team was led by Chad Ensz, Greg Carney and Seth Lemings.
Read the press release here.