SharonAI Holdings Inc. (SHAZ) has filed to conduct an initial public offering to facilitate an uplisting from the OTC Markets Pink Open Market to the NASDAQ Capital Market, the company said in a statement.
The offering contemplates 2.5 million shares of Class A ordinary common stock with an indicated public offering price between $49.00 and $51.00 per share. SharonAI will receive the net proceeds from the sale of those shares after the deduction of underwriting discounts, commissions and offering-related expenses.
At present, the firm’s equity trades on the OTC Markets Group Pink Open Market under the symbol SHAZ. The stock’s most recent reported sale on January 28, 2026 was $1.90 per share. SharonAI has reserved the SHAZ symbol for its planned NASDAQ listing.
Lucid Capital Markets LLC has been named as the underwriters' representative for the transaction. The underwriting group has been granted a 45-day option to buy up to an additional 375,000 shares to cover potential over-allotments.
Prior to its current corporate identity, the company operated as Roth CH Holding Inc. The name change followed a business combination that closed on December 17, 2025. The company’s outstanding warrants continue to trade on the OTC market under the symbol SHAZW.
Investors evaluating this filing will note that SharonAI is seeking to move from the OTC market to a national exchange and is proposing a price range that is materially higher than the last reported OTC sale. The filings specify that the company will be the recipient of proceeds from the offering, net of customary underwriting and transaction costs, and that the underwriters have a short-term over-allotment option to increase the size of the offering by up to 375,000 shares.
The company-provided information does not include further details about intended use of proceeds, financial results or forward-looking statements beyond what is specified in the registration documents. The warrants on the OTC market remain identifiable under SHAZW.