PRESS RELEASE
23 January 2026

Corporate Practice Represented Sharon AI In Strategic Divestment Of Texas Critical Data Centers Ownership

SM
Sheppard Mullin Richter & Hampton

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Sheppard Mullin is a full service Global 100 firm with over 1,000 attorneys in 16 offices located in the United States, Europe and Asia. Since 1927, companies have turned to Sheppard Mullin to handle corporate and technology matters, high stakes litigation and complex financial transactions. In the US, the firm’s clients include more than half of the Fortune 100.
Sheppard Mullin represented Sharon AI (SHAZ:OTC Markets, SHAZW:OTC Markets) in its recently closed transaction to sell its 50% ownership interest in Texas...
United States

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.

Contributor

Sheppard Mullin is a full service Global 100 firm with over 1,000 attorneys in 16 offices located in the United States, Europe and Asia. Since 1927, companies have turned to Sheppard Mullin to handle corporate and technology matters, high stakes litigation and complex financial transactions. In the US, the firm’s clients include more than half of the Fortune 100.
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