SHAZ Shareholders Approve Expansion of 2025 Equity Incentive Plan by 1.2M Shares

SharonAI Holdings Inc. announced that at its 2026 Annual Meeting of Stockholders on August 27, 2026, shareholders approved an amendment to its 2025 Omnibus Equity Incentive Plan. The amendment significantly increases the number of shares available for issuance as compensation.

Key Details

• Share Increase: The plan was amended to increase the number of Class A Ordinary Common Stock shares available for issuance by 1,200,000.
• Evergreen Provision: An automatic annual increase provision was added to the plan, which will begin on January 1, 2027, and continue for the initial ten-year term of the plan.
• Other Approvals: Shareholders also elected Alastair Cairns and Benjamin Adams as Class I directors and approved the issuance of shares related to the exercise of certain pre-funded warrants.