STOCK TITAN

SharonAI (NASDAQ: SHAZ) removes covenants on $350M convertible debt

(Neutral)
(Neutral)
Form Type
424B3

Rhea-AI Filing Summary

SharonAI Holdings Inc. (SHAZ) filed a prospectus supplement to update several existing resale prospectuses for its Class A Ordinary Common Stock and its 6.00% Convertible Senior Notes due 2031 and 4.75% Convertible Senior Notes due 2032. The update incorporates a recent Current Report on Form 8-K.

On August 21, 2026, SharonAI, its subsidiary guarantors and U.S. Bank Trust Company, National Association entered into a First Supplemental Indenture to the May 18, 2026 Base Indenture governing the 6.00% Convertible Senior Notes due May 1, 2031. With the consent of the Required Holders, the amendments remove certain restrictive covenants on incurring, maintaining and repaying indebtedness and granting liens, and revise Section 5.14 to clarify permitted charter amendments, equity repurchases and related-party transactions while deleting other subsections and Section 5.17 as “Intentionally Omitted.” SharonAI’s Class A Ordinary Common Stock trades on Nasdaq under the symbol SHAZ, with a last reported price of $59.59 on August 26, 2026.

Positive

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Principal amount of 6.00% Convertible Senior Notes due 2031 $350,000,000 Convertible Senior Notes due May 1, 2031 referenced in the updated prospectuses
Principal amount of 4.75% Convertible Senior Notes due 2032 $691,700,000 Convertible Senior Notes due 2032 referenced in the updated prospectuses
Shares issuable on conversion of 6.00% Notes 11,292,009 shares of Class A Ordinary Common Stock Maximum shares issuable upon conversion of the 6.00% Convertible Senior Notes due 2031
Shares issuable on conversion of 4.75% Notes 26,017,577 shares of Class A Ordinary Common Stock Maximum shares issuable upon conversion of the 4.75% Convertible Senior Notes due 2032
Class A Ordinary Common Stock registered in one component 5,302,072 shares of Class A Ordinary Common Stock One share component described in the updated resale prospectuses
Additional Class A Ordinary Common Stock component 8,056,699 shares of Class A Ordinary Common Stock Another share component described in the updated resale prospectuses
Recent SHAZ share price $59.59 per share Last reported sales price on August 26, 2026 for Class A Ordinary Common Stock
First Supplemental Indenture financial
"entered into the First Supplemental Indenture, dated as of August 21, 2026"
Convertible Senior Notes financial
"6.00% Convertible Senior Notes due May 1, 2031"
Convertible senior notes are a type of loan that a company issues to investors, which can be turned into company shares later on. They are called "senior" because they are paid back before other debts if the company runs into trouble. This allows investors to earn interest like a loan but also have the chance to own part of the company if its value rises.
Required Holders financial
"with the consent of the Required Holders and by Act of said Holders"
Disqualified Capital Stock financial
"Section 1.01 of the Indenture is hereby amended by deleting the definition of "Disqualified Capital Stock""
Subsidiary Guarantee financial
"released and discharged from its obligations under its Subsidiary Guarantee"
Emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Offering Type shelf

FAQ

What is SharonAI Holdings Inc. (SHAZ) updating with this 424B3 prospectus supplement?

SharonAI Holdings Inc. is updating multiple existing resale prospectuses to incorporate information from a Form 8-K, including a First Supplemental Indenture that amends the terms governing its 6.00% Convertible Senior Notes due 2031.

How were the 6.00% Convertible Senior Notes due 2031 changed for SHAZ?

The First Supplemental Indenture, effective August 21, 2026, removes certain restrictive covenants on SharonAI’s and its subsidiaries’ ability to incur, maintain and repay indebtedness and grant liens, and makes related conforming and technical amendments.

Did noteholders approve SharonAI’s supplemental indenture changes?

Yes. SharonAI states that the amendments in the First Supplemental Indenture were made with the consent of the Required Holders, evidenced by an Officer’s Certificate delivered to the trustee under Section 8.04 of the Indenture.

What changes did SHAZ make to covenant Section 5.14 in the Indenture?

Section 5.14(a) now restricts certain actions unless Required Holders consent but explicitly permits amendments that collapse the dual common stock structure, increase authorized shares, or effect stock splits, and allows limited repurchases and arm’s-length affiliate transactions.

What are the principal amounts of SharonAI’s convertible notes covered in the updated prospectuses?

The updated prospectuses cover $350,000,000 principal amount of 6.00% Convertible Senior Notes due 2031 and $691,700,000 principal amount of 4.75% Convertible Senior Notes due 2032, together with related Class A Ordinary Common Stock issuable upon conversion.

What was the recent trading price of SHAZ common stock mentioned in the filing?

SharonAI reports that its Class A Ordinary Common Stock, trading under the symbol SHAZ on the Nasdaq Capital Market, had a last reported sales price of $59.59 per share on August 26, 2026.

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    Filed Pursuant to Rule 424(b)(3)

PROSPECTUS SUPPLEMENT NO. 6

(to Prospectus dated April 21, 2026)

  Registration No. 333-292798
     

PROSPECTUS SUPPLEMENT NO. 5

(to Prospectus dated June 11, 2026)

  Registration No. 333-296559
     

PROSPECTUS SUPPLEMENT NO. 1

(to Prospectus dated August 14, 2026)

  Registration No. 333-297885
     

PROSPECTUS SUPPLEMENT NO. 1

(to Prospectus dated June 21, 2026)

  Registration No. 333-298282

 

SHARONAI HOLDINGS INC.

 

5,302,072 Shares of Class A Ordinary Common Stock

Up to 214,982 Shares of Class A Ordinary Common Stock Upon Exercise of Certain Private Warrants

Up to 230,000 Shares of Common Stock Underlying Public Warrants

 

$350,000,000 Principal Amount of 6.00% Convertible Senior Notes due 2031

Up to 11,292,009 Shares of Class A Ordinary Common Stock Issuable on Conversion of the Notes

 

$691,700,000 Principal Amount of 4.75% Convertible Senior Notes due 2032

Up to 26,017,577 Shares of Class A Ordinary Common Stock

 

8,056,699 Shares of Class A Ordinary Common Stock

 

This prospectus supplement updates and supplements: (i) the prospectus dated April 21, 2026, which forms a part of our registration statement on Form S-1 (No. 333-292798) for which Post-Effective Amendment No. 2 was filed with the Securities and Exchange Commission (the “SEC”) on April 21, 2026 and declared effective by the SEC on April 21, 2026 (the “BCA Resale Prospectus”); (ii) the prospectus dated June 11, 2026, which forms a part of our registration statement on Form S-1 (No. 333-296559) which was filed with the SEC on June 5, 2026 and declared effective by the SEC on June 11, 2026 (the “June 2026 Convertible Note Resale Prospectus”); (iii) the prospectus dated August 14, 2026, which forms a part of our registration statement on Form S-1 (No. 333-297885) which was filed with the SEC on July 31, 2026 and declared effective by the SEC on August 14, 2026 (the “July 2026 Convertible Note Resale Prospectus”) and (iv) the prospectus dated August 21, 2026, 2026, which forms a part of our registration statement on Form S-1 (No. 333-298282) which was filed with the SEC on August 12, 2026 and declared effective by the SEC on August 21 2026 (the “August 2026 Resale Prospectus,” and together with the BCA Resale Prospectus, the June 2026 Convertible Note Resale Prospectus and the August 2026 Resale Prospectus, the “Prospectuses”). This prospectus supplement is being filed to update and supplement the information in the Prospectuses with the information contained in our Current Report on Form 8-K, filed with the SEC on August 26, 2026 (collectively, the “Current Report”). Accordingly, we have attached the Current Report to this prospectus supplement.

 

Our Common Stock is listed on the Nasdaq Capital Market under the symbol “SHAZ”. On August 26, 2026, the last reported sales price per share of our Common Stock was $59.59.

 

This prospectus supplement updates and supplements the information in the Prospectuses and is not complete without, and may not be delivered or utilized except in combination with, the Prospectuses, including any amendments or supplements thereto. This prospectus supplement should be read in conjunction with the Prospectuses and if there is any inconsistency between the information in the Prospectuses and this prospectus supplement, you should rely on the information in this prospectus supplement.

 

See the section titled “Risk Factors” beginning on page 19 of the BCA Resale Prospectus, page 12 of the June 2026 Convertible Note Resale Prospectus, page 12 of the July 2026 Convertible Note Prospectus and on page 11 of the August 2026 Resale Prospectus as well as risks and uncertainties described under similar headings in any amendments or supplements to the Prospectuses to read about factors you should consider before buying our securities.

 

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed upon the accuracy or adequacy of this prospectus supplement or the Prospectuses. Any representation to the contrary is a criminal offense.

 

The date of this prospectus supplement is August 28, 2026.

 

 
 

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 8-K

 

 

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): August 21, 2026

 

 

 

SHARONAI HOLDINGS INC.

(Exact Name of Registrant as Specified in Its Charter)

 

 

 

Delaware

(State or Other Jurisdiction of Incorporation)

 

001-43129   41-2349750
(Commission File Number)   (IRS Employer Identification No.)

 

745 Fifth Avenue, Suite 500,

New York, NY

  10151
(Address of Principal Executive Offices)   (Zip Code)

 

(347) 212-5075

(Registrant’s Telephone Number, including Area Code)

 

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class     Trading Symbol(s)     Name of each exchange on which registered
Class A Ordinary Common Stock, $0.0001 par value   SHAZ   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☒

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 1.01 Entry into a Material Definitive Agreement

 

First Supplemental Indenture

 

On August 21, 2026, following receipt of the requisite consents from holders of the Notes (as defined below), SharonAI Holdings Inc. (the “Company”), as issuer, the subsidiary guarantors party thereto, and U.S. Bank Trust Company, National Association, as trustee, entered into the First Supplemental Indenture, dated as of August 21, 2026 (the “First Supplemental Indenture”), to the Indenture, dated as of May 18, 2026 (the “Base Indenture”), governing the Company’s outstanding 6.00% Convertible Senior Notes due May 1, 2031 (the “Notes”).

 

Pursuant to the First Supplemental Indenture, the Base Indenture was amended to, among other things, (i) remove certain restrictive covenants applicable to the Company and its subsidiaries, including with respect to their ability to incur, maintain and repay indebtedness and grant liens securing indebtedness, and (ii) make other relevant conforming and technical amendments.

 

The foregoing description of the First Supplemental Indenture does not purport to be complete and is qualified in its entirety by reference to the complete text of the First Supplemental Indenture, a copy of which is filed as Exhibit 4.1 hereto and is incorporated herein by reference.

 

Item 9.01 Financial Statements and Exhibits

 

(d) Exhibits

 

Exhibit Number   Description
4.1   First Supplemental Indenture, dated as of August 21, 2026, by and among SharonAI Holdings Inc., the subsidiary guarantors named therein, and U.S. Bank Trust Company, National Association, as trustee.
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

SHARONAI HOLDINGS INC.

     
Date:  August 26, 2026 By:

/s/ James Manning

  Name: James Manning
  Title: Chief Executive Officer

 

 

 

 

Exhibit 4.1

 

 

 

SHARONAI HOLDINGS INC.

 

(COMPANY)

 

THE SUBSIDIARY GUARANTORS NAMED HEREIN

 

(SUBSIDIARY GUARANTORS)

 

U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION

 

(TRUSTEE)

 

6.00% CONVERTIBLE SENIOR NOTES DUE MAY 1, 2031

 

FIRST SUPPLEMENTAL INDENTURE

 

DATED AS OF AUGUST 21, 2026

 

 

 

 

 

 

FIRST SUPPLEMENTAL INDENTURE, dated as of August 21, 2026 (this “First Supplemental Indenture”), among SharonAI Holdings Inc., a Delaware corporation, as issuer (the “Company”), SharonAI Inc., a Delaware corporation, SharonAI Operations LLC, a Delaware limited liability company, SharonAI Hosting LLC, a Delaware limited liability company, SharonAI Pty Ltd, an Australian proprietary limited company and Distributed Storage Solutions Pty Ltd, an Australian proprietary limited company, as the Subsidiary Guarantors (together, the “Subsidiary Guarantors”), and U.S. Bank Trust Company, National Association, as trustee (in such capacity, the “Trustee”) to the Indenture referred to below.

 

WHEREAS, the Company, the Subsidiary Guarantors and SAI US No. 1 LLC, a Delaware limited liability company, have heretofore executed and delivered to the Trustee an indenture (the “Indenture”), dated as of May 18, 2026, providing for the issuance of 6.00% Convertible Senior Notes due May 1, 2031 (the “Notes”);

 

WHEREAS, SAI US No. 1 LLC has been released and discharged from its obligations under its Subsidiary Guarantee pursuant to Section 12.05 of the Indenture;

 

WHEREAS, Section 8.02 of the Indenture provides that, subject to certain exceptions inapplicable hereto, with the consent of the Required Holders and by Act of said Holders delivered to the Company and the Trustee, the Company, any Subsidiary Guarantor, and the Trustee, if applicable, may, among other things, enter into an indenture supplemental to the Indenture for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of the Indenture or modifying in any manner the rights of the Holders under the Indenture;

 

WHEREAS, as evidenced by the Officer’s Certificate delivered to the Trustee by the Company on the date hereof, pursuant to Section 8.04 of the Indenture, the Required Holders, by Act delivered to the Company and the Trustee, have consented to the amendments to the Indenture set forth in this First Supplemental Indenture;

 

WHEREAS, pursuant to Section 8.04 of the Indenture, the Trustee has received an Officer’s Certificate and an Opinion of Counsel and is authorized to execute and deliver this First Supplemental Indenture; and

 

WHEREAS, all requirements necessary to make this First Supplemental Indenture a valid, binding and enforceable instrument in accordance with its terms have been performed, and the execution and delivery of this First Supplemental Indenture has been duly authorized in all respects.

 

NOW THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the Company, the Subsidiary Guarantors and the Trustee covenant and agree for the equal and ratable benefit of the Holders of the Notes as follows:

 

Article 1

DEFINITIONS

 

Section 1.01 Definition of Terms. Unless the context otherwise requires:

 

(a) a term defined in the Indenture has the same meaning when used in this First Supplemental Indenture unless the definition of such term is otherwise provided pursuant to this First Supplemental Indenture, in which case the definition in this First Supplemental Indenture shall govern solely with respect to the Notes;

 

-1-

 

 

(b) a term defined anywhere in this First Supplemental Indenture has the same meaning throughout;

 

(c) the singular includes the plural and vice versa;

 

(d) unless stated otherwise, a reference to a Section or Article is to a Section or Article in this First Supplemental Indenture; and

 

(e) headings are for convenience of reference only and do not affect interpretation.

 

Article 2

AMENDMENTS

 

Section 2.01 Amendments.

 

(a) Section 1.01 of the Indenture is hereby amended by deleting the defined terms “GPU Value”, “Holdco Cash”, “Holdco Coverage Amount”, “Holdco Debt”, “Revenue” and “Secured GPU Debt” in their entirety.

 

(b) Section 1.01 of the Indenture is hereby amended by deleting the definition of “Class B Common Stock” in its entirety and replacing it with the following:

 

Class B Common Stock” means Class B Super Common Stock, par value $0.0001 per share.”

 

(c) Section 1.01 of the Indenture is hereby amended by deleting the definition of “Disqualified Capital Stock” in its entirety and replacing it with the following:

 

Disqualified Capital Stock” of any Person means any class of Capital Stock of such Person that, by its terms, or by the terms of any related agreement or of any security into which it is convertible, puttable or exchangeable, is, or upon the happening of any event or the passage of time would be, required to be redeemed by such Person, whether or not at the option of the holder thereof, or matures or is mandatorily redeemable, pursuant to a sinking fund obligation or otherwise, in whole or in part, on or prior to the date which is 91 days after the final maturity date of the Notes; provided, however, that any class of Capital Stock of such Person that, by its terms, authorizes such Person to satisfy in full its obligations with respect to the payment of dividends or upon maturity, redemption (pursuant to a sinking fund or otherwise) or repurchase thereof or otherwise by the delivery of Capital Stock that are not Disqualified Capital Stock, and that is not convertible, puttable or exchangeable for Disqualified Capital Stock or Indebtedness, will not be deemed to be Disqualified Capital Stock so long as such Person satisfies its obligations with respect thereto solely by the delivery of Capital Stock that are not Disqualified Capital Stock.”

 

-2-

 

 

(d) Section 5.14(a) of the Indenture is hereby deleted in its entirety and replaced with the following:

 

“(a) As long as any portion of the Notes remains outstanding, unless the Required Holders shall have otherwise given prior written consent, the Company shall not, and shall not permit any of the Subsidiaries (other than any SPV Subsidiary) to, directly or indirectly:

 

(i) amend its charter documents, including, without limitation, its certificate of incorporation and bylaws, in any manner that materially and adversely affects any rights of the Holder (which explicitly will not include any amendment that solely: (A) collapses the Company’s dual common stock structure or eliminates one class of common stock; and/or (B) increases the authorized shares of stock of one or more classes; and/or (C) splits, reverse splits or similarly consolidates shares of stock);

 

(ii) repay, repurchase or offer to repay, repurchase or otherwise acquire more than a de minimis number of shares of its Common Stock or Common Stock Equivalents other than as to (A) the Conversion Shares as permitted or required under the Transaction Documents and (B) repurchases of Common Stock or Common Stock Equivalents of departing officers and directors of the Company, provided that such repurchases shall not exceed an aggregate of $100,000 for all officers and directors during the term of this Indenture;

 

(iii) [Intentionally Omitted];

 

(iv) pay cash dividends or distributions on any equity securities of the Company;

 

(v) enter into any transaction with any Affiliate of the Company which would be required to be disclosed in any public filing with the Commission, unless such transaction is made on an arm’s-length basis and expressly approved by a majority of the disinterested directors of the Company (even if less than a quorum otherwise required for board approval); or

 

(vi) enter into any agreement with respect to any of the foregoing.”.

 

(e) Section 5.14(b) of the Indenture is hereby deleted in its entirety and replaced with the following:

 

“[Intentionally Omitted].”

 

(f) Section 5.14(c) of the Indenture is hereby deleted in its entirety and replaced with the following:

 

“[Intentionally Omitted].”

 

(g) Section 5.17 of the Indenture is hereby deleted in its entirety and replaced with the following:

 

“[Intentionally Omitted].”

 

-3-

 

 

Article 3

MISCELLANEOUS

 

Section 3.01 Ratification of Indenture. The Indenture, as supplemented by this First Supplemental Indenture, is in all respects ratified and confirmed, and this First Supplemental Indenture shall be deemed part of the Indenture in the manner and to the extent herein and therein provided.

 

Section 3.02 Governing Law; Waiver of Jury Trial. This First Supplemental Indenture, and any claim, controversy or dispute arising under or related to this First Supplemental Indenture, will be governed by, and construed in accordance with, the laws of the State of New York (without regard to the conflicts of laws provisions thereof other than Section 5-1401 of the General Obligations Law).

 

EACH OF THE COMPANY, THE SUBSIDIARY GUARANTORS, THE TRUSTEE, THE CONVERSION AGENT, THE REGISTRAR AND THE PAYING AGENT IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS FIRST SUPPLEMENTAL INDENTURE, THE INDENTURE, THE NOTES, THE SUBSIDIARY GUARANTEES OR ANY TRANSACTION CONTEMPLATED HEREBY.

 

Section 3.03 Separability. Each provision of this First Supplemental Indenture shall be considered separable and if for any reason any provision which is not essential to the effectuation of the basic purpose of this First Supplemental Indenture, the Indenture or the Notes shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.

 

Section 3.04 Trustee Disclaimer. Neither the Trustee, the Conversion Agent, the Registrar nor the Paying Agent shall be responsible in any manner whatsoever for or in respect of the validity, sufficiency or adequacy of this First Supplemental Indenture or for or in respect of the recitals contained herein, all of which are made solely by the Company and the Subsidiary Guarantors, and neither the Trustee, the Conversion Agent, the Registrar nor the Paying Agent assumes any responsibility for their correctness.

 

Section 3.05 Execution in Counterparts. This First Supplemental Indenture may be executed in any number of counterparts, each of which shall be an original, but such counterparts shall together constitute but one and the same instrument. The exchange of copies of this First Supplemental Indenture and of signature pages by facsimile or PDF transmission shall constitute effective execution and delivery of this First Supplemental Indenture as to the parties hereto and may be used in lieu of the original First Supplemental Indenture for all purposes. Signatures of the parties hereto transmitted by facsimile or PDF shall be deemed to be their original signatures for all purposes. The words “execution,” “signed,” “signature,” and words of similar import in this First Supplemental Indenture and the Notes shall be deemed to include electronic or digital signatures or the keeping of records in electronic form, each of which shall be of the same effect, validity, and enforceability as manually executed signatures or a paper-based recordkeeping system, as the case may be, to the extent and as provided for under applicable law, including the Electronic Signatures in Global and National Commerce Act of 2000 (15 U.S.C. §§ 7001-7006), the Electronic Signatures and Records Act of 1999 (N.Y. State Tech. §§ 301-309), or any other similar state laws based on the Uniform Electronic Transactions Act; provided that, notwithstanding anything herein to the contrary, the Trustee is not under any obligation to agree to accept electronic signatures in any form or in any format unless expressly agreed to by the Trustee, as applicable, pursuant to procedures approved by the Trustee, as applicable.

 

[Signature Pages Follow]

 

-4-

 

 

IN WITNESS WHEREOF, the parties hereto have caused this First Supplemental Indenture to be duly executed as of the day and year first above written.

 

  SharonAI Holdings Inc.
   
  By:

/s/ James Manning

  Name: James Manning
  Title: Chief Executive Officer
   
  SharonAI Inc.
   
  By:

/s/ James Manning

  Name: James Manning
  Title: President, Secretary, Treasurer
   
  SharonAI Operations LLC
   
  By:

/s/ James Manning

  Name: James Manning
  Title: President
   
  SharonAI Hosting LLC
   
  By:

/s/ James Manning

  Name: James Manning
  Title: President

 

[Signature Page to First Supplemental Indenture]

 

 

 

 

EXECUTED by SharonAI Pty Ltd ACN 645 215 194 in accordance with section 126 of the Corporations Act 2001 (Cth):  
  
/s/ James Manning 
Signature of authorized signatory 
  
James Manning 
Name of authorized signatory (block letters) 
  
EXECUTED by Distributed Storage Solutions Pty Ltd ACN 646 979 222 in accordance with section 126 of the Corporations Act 2001 (Cth): 
  
/s/ James Manning 
Signature of authorized signatory 
  
James Manning 
Name of authorized signatory (block letters) 

 

[Signature Page to First Supplemental Indenture]

 

 

 

 

  U.S. Bank Trust Company,
National Association, as Trustee
   
  By:

/s/ Brandon Bonfig

  Name: Brandon Bonfig
  Title: Vice President

 

[Signature Page to First Supplemental Indenture]