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Sheppard Mullin Richter & Hampton LLP
01/21/2026 | Press release | Distributed by Public on 01/21/2026 14:22
Corporate Practice Represented Sharon AI in Strategic Divestment of Texas Critical Data Centers Ownership
Sheppard Mullin represented Sharon AI (SHAZ:OTC Markets, SHAZW:OTC Markets) in its recently closed transaction to sell its 50% ownership interest in Texas Critical Data Centers LLC to New Era Energy & Digital, Inc. (Nasdaq: NUAI) for $70 million. The transaction is expected to facilitate further investment in Sharon AI's core Neocloud operations, bringing high performance compute to market at scale, for its hyperscale, research, enterprise and government customers alike.
The Sheppard Mullin team was led by Chad Ensz, Greg Carney and Seth Lemmings.
Read the press release here.
Sheppard Mullin Richter & Hampton LLP published this content on January 21, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on January 21, 2026 at 20:22 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]