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SharonAI Holdings restructures Andrew Leece's role, executes Deed of Release ahead of new COO transition

9/13/2026

$SHAZ is in focus after a Deed of Release filed September 8, 2026 repositioned Andrew Leece, a co-founder and former Chief Operating Officer of SharonAI Holdings Inc.

(Nasdaq: SHAZ), into a new senior role covering the company's key customer, data center, and commercial relationships.

The arrangement is effective as of September 7, and the next confirmable milestone is the RSU vesting schedule set out in Schedule 1 of the filing. The transition was partly telegraphed.

David Burns was named incoming COO in an 8-K filed August 27, 2026, roughly two weeks before SharonAI and its Australian subsidiary SharonAI Pty Ltd (ACN 645 215 194) executed the Deed of Release with Leece directly.

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