SharonAI Holdings Closes $70 Million Sale of Texas Data Center Stake to New Era

Reuters01-22
SharonAI Holdings Closes $70 Million Sale of Texas Data Center Stake to New Era

SharonAI Holdings Inc. has completed the sale of its 50% ownership interest in Texas Critical Data Centers LLC (TCDC) to New Era Energy & Digital, Inc. for a total consideration of US$70 million. The transaction includes US$50 million in a senior secured convertible promissory note, US$10 million in cash, and US$10 million in equity. With this transaction, SharonAI no longer holds any ownership or governance rights in TCDC and plans to use the proceeds to expand its Neocloud platform for hyperscale, research, enterprise, and government customers in the Asia-Pacific region.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SharonAI Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001829126-26-000443), on January 22, 2026, and is solely responsible for the information contained therein.

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