Good morning.
Sharon AI’s Australian listing is still taking longer than planned. But not, the company was quick to note, for lack of demand.
CEO James Manning told Capital Brief’s Brandon How its fresh USD1.6 billion ($2.27 billion) raise was “very, very well bid”, anchored by Aschenbrenner’s Situational Awareness and Oaktree, and upsized from a USD1 billion target.
| ▼ | ASX 200 | 8,911 | -0.62% |
| ▼ | ASX futures | 8,860 | -0.51% |
| ▲ | S&P 500 | 7,501 | +1.08% |
| ▲ | NASDAQ | 26,518 | +1.91% |
| ▲ | AUD/USD | 0.70 | +0.04% |
| ▼ | Bitcoin | 63,046 | -1.97% |
ASX 200 as at market close. Bitcoin in USD.
Market movers
Shares in Lifestyle Communities surged Thursday after the retirement and land-lease community developer flagged accelerating sales momentum in the June quarter.
Well bid