🇦🇺SharonAI amended its U.S. registration statement, disclosing up to 87 megawatts secured through primary data-center provider NEXTDC.

SharonAI Holdings filed an amended Form S-1 describing itself as an Australian neocloud operator for artificial intelligence and high-performance computing. Its offering includes accelerated-computing hardware such as NVIDIA B200 and B300 graphics processing units, as well as anticipated GB300 GPUs.

The company disclosed that it has secured up to 87 megawatts of capacity through NEXTDC, which hosts the majority of SharonAI’s GPU infrastructure. The wording “up to” defines the disclosed maximum capacity and does not establish that all 87 megawatts are already active or populated with hardware.

SharonAI identified NEXTDC as its primary data-center provider and said its revenue projections and growth strategy materially depend on NEXTDC delivering contracted capacity on schedule. The filing lists construction delays, power-supply problems, financial difficulties and delivery failures at NEXTDC as risks that could prevent GPU deployment or fulfillment of customer contracts.

The registration statement also says the company works with Cisco, World Wide Technology, Lenovo, VAST Data and Megaport and is an NVIDIA Cloud Partner. All post-merger share and conversion figures in the prospectus were retrospectively adjusted for a 1-for-50 reverse stock split.