
Shares of SharonAI Holdings (SHAZ) jumped over 14% in after-hours trading on Monday after a Schedule 13G filing showed that Leopold Aschenbrenner’s Situational Awareness LP has disclosed a significant stake in the company.
The filing states that Situational Awareness LP holds 5.4 million shares, representing a 19.9% ownership stake in SharonAI Holdings. The firm reported shared voting and shared dispositive power over the entire position.
According to the disclosure, Situational Awareness LP reported zero sole voting power and zero sole dispositive power, indicating the stake is fully held under shared control arrangements.
Separately, SharonAI Holdings announced the closing of its previously disclosed oversubscribed $1.6 billion private placement financing. The transaction includes a $900 million private placement consisting of around 6.7 million Class A ordinary shares and pre-funded warrants for 6.4 million shares. It also includes a $700 million issuance of 4.75% Convertible Senior Notes due 2032, sold to qualified institutional buyers under Rule 144A.
The company said proceeds will support its six-year strategic compute collaboration with Nvidia and broader expansion initiatives.
Earlier in May, Situational Awareness LP disclosed a 5.6% stake in Nebius Group N.V. (NBIS), equivalent to 12.41 million Class A shares, positioning it among the company’s largest institutional holders.
On Stocktwits, retail sentiment for SHAZ shifted into ‘bullish’ territory from ‘normal’ over the past 24 hours, while message volume also improved to ‘high’ from ‘normal’ in the same period. In the past 30 days, message volume around the stock has surged 300%, while its retail watcher base jumped 86.8% in the same period, and a whopping 1,332.8% in the last 90 days.
The news of Situational Awareness LP’s stake in SharonAI Holdings also triggered chatter around the SHAZ stock on Stocktwits.
One bullish trader said Aschenbrenner is heavily investing in NBIS and SHAZ because he believes “neocloud” companies are the future, and added, “NBIS 40% of his port and $SHAZ now 20% for a reason.”
View this Stocktwits post
Another user on Stocktwits said SHAZ is trending due to rising attention around Aschenbrenner’s fund and added, “Momentum is building as market participants react to this major institutional backing.”
View this Stocktwits post
The SHAZ stock has exploded 4,163.16% year-to-date.
For updates and corrections, email newsroom[at]stocktwits[dot]com.<
Stay updated with all the latest Business News, including market trends, Share Market News, stock updates, taxation, IPOs, banking, finance, real estate, savings, and investments. Track daily Gold Price changes, updates on DA Hike, and the latest developments on the 8th Pay Commission. Get in-depth analysis, expert opinions, and real-time updates to make informed financial decisions. Download the Asianet News Official App from the Android Play Store and iPhone App Store to stay ahead in business.