Stake Disclosure and Market Reaction
SharonAI Holdings (NASDAQ:SHAZ) experienced a 7.4% increase in its share price during after‑hours trading on Monday after the company disclosed that Leopold Aschenbrenner’s Situational Awareness LP acquired a 10% ownership position.
Details of the Investment
According to a Form 3 and Form 13G filed with the U.S. Securities and Exchange Commission on June 22 2026, Situational Awareness LP holds 1,696,127 shares of Class A Ordinary Common Stock. In addition, the LP possesses pre‑funded warrants that can be exercised into an extra 6,374,823 shares at an exercise price of $0.0001 per share. These warrants carry no expiration date and may be exercised at any time. The warrants are subject to a 19.99% beneficial‑ownership limitation.
The 10% ownership percentage is calculated using a total of 16,607,910 Class A shares outstanding as of May 13 2026, as reported in SharonAI’s Form 10‑Q for the quarter ended March 31 2026, together with 6,719,896 shares that were issued in a private placement on June 22 2026.
Regulatory Filing
The acquisition triggered the required regulatory filing, resulting in the submission of the Form 3 and Form 13G documents to the SEC, thereby formally notifying the market of the new significant shareholder position.