Finance and operating leader to drive financial strategy as Versapay continues into its next stage of revenue growth

SAN FRANCISCO, Aug. 20, 2026 /PRNewswire/ — Versapay, a leading Accounts Receivable (AR) Platform, today announced the appointment of Glen Braganza as Chief Financial Officer. The appointment comes as Versapay builds on a strong first half of 2026, with continued momentum across its customer base heading into the second half of the year. He brings more than 20 years of financial leadership experience across public, private equity and venture backed payments and software businesses, with a track record of building and scaling organizations through periods of rapid growth and complexity.  

Braganza was previously with EasyPark Group (now Arrive), the largest mobility technology company globally, where he served as Group Chief Financial Officer, supporting the organization as it continued its rapid growth, and helping the company complete a transformational acquisition for the business in Europe. Earlier in his career, he served as the Chief Financial Officer for two venture backed businesses: Clickatell a Sequoia Capital backed communications platform; and BitPay an Index Ventures backed Cryptocurrency payments business.  

Braganza also has deep experience in traditional payments, spending 10 years as part of the Senior Leadership Team at Worldpay, most recently as CFO of their US business until 2019. He joined Worldpay prior to the acquisition by Bain Capital and Advent International, heading Corporate Finance during a period in which they completed seven acquisitions, and he also played a pivotal role in Worldpay’s IPO in 2015. That experience, spanning IPOs, acquisitions and high-growth periods, positions him well for Versapay’s next stage of growth. 

“Glen has helped payments and software companies navigate defining moments of scale, from IPOs and capital raises to major acquisitions and integrations,” said Carey Kolaja, CEO of Versapay. “As Versapay builds on strong momentum and accelerates the next stage of growth, Glen brings the financial experience, operating rigor and strategic partnership we need to move faster with focus.” 

That growth is fueled in part by Versapay’s continued investment in trusted, explainable AI across the invoice-to-cash workflow. Embedded natively within customers’ ERP systems, these capabilities give businesses greater command of cash flow and more control over their customers’ payment experiences.

“Versapay is solving a problem that has been overlooked for too long: the friction still built into how businesses collect and reconcile B2B payments,” said Braganza. “I’ve spent my career helping payments and software companies scale with speed and precision. I’m excited to bring that experience to Versapay at a moment where the team is building strong momentum, and making significant investment to accelerate its products and growth” 

Braganza holds a degree in Economics from Loughborough University, completed the Corporate Finance Program at London Business School and is a Qualified Accountant.  

About Versapay

Versapay is the platform that rewires AR by removing barriers from collecting and reconciling B2B payments, providing end-to-end cash flow clarity, ensuring businesses can manage working capital on their terms. By closing the loop for finance teams and their business systems, customers and payment activity into a single intelligent ecosystem, Versapay transforms money matters into a data driven advantage. With 10,000 customers and 5M+ companies transacting, Versapay facilitates 110M+ transactions and processes $300B+ in payments volume annually. To learn more about how Versapay eliminates financial friction, visit versapay.com.

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SOURCE Versapay

NEW YORK, Aug. 20, 2026 /PRNewswire/ — SharonAI Holdings Inc. (NASDAQ: SHAZ) and its subsidiaries (“Sharon AI” or “the Company”), a leading Australian Neocloud, today announced the successful delivery and customer acceptance of an initial AI Cloud deployment for a global technology company with a major Asia-Pacific presence.

Customer acceptance marks the completion of a key milestone under the five-year AI Cloud infrastructure agreement, which has a total initial contract value of approximately US$950m. Acceptance also triggers release of cash security currently held in escrow.

The deployment is the first phase of this customer contract, and part of a series of additional NVIDIA GPU clusters that Sharon AI expects to deliver over the coming months. Under the agreement, Sharon AI is deploying AI Cloud solutions across multiple data centers in Australia, with revenue expected to commence in stages across the third and fourth quarters of 2026.

“Delivering AI infrastructure at scale requires coordinated execution across data center readiness, compute, storage, networking and customer integration,” said James Manning, Co-Founder and Chief Executive Officer of Sharon AI. “This successful deployment demonstrates our ability to bring together a global partner ecosystem and coordinate specialist teams to meet customer delivery requirements. The capabilities and operating discipline developed through this project strengthen our delivery platform as we deploy future clusters, bringing our secured and contracted capacity online, and supporting durable long-term growth.”

Sharon AI has secured 212MW of AI Factory capacity, of which 120MW is contracted under multi-year take-or-pay agreements. The accepted deployment represents further progress in bringing this secured and contracted capacity online. The Company continues to advance its AI Factory platform to address strong demand for high-performance, sovereign AI infrastructure across Australia, New Zealand and the Asia-Pacific region.

About Sharon AI

Sharon AI (NASDAQ: SHAZ) is a leading Australian neocloud expanding access to artificial intelligence through trusted, secure and sovereign AI infrastructure. Through its AI Factory platform and colocation partners, Sharon AI enables organisations across Australia, New Zealand, and globally to confidently build, train and deploy AI at scale. For more information, visit www.sharonai.com.

Contacts

Media
media@sharonai.com

Investors
investors@sharonai.com

Disclosure Information

Sharon AI primarily uses its Investor Relations page (https://sharonai.com/investors/) to disclose material non-public information and to comply with its disclosure obligations under Regulation FD. The Company also notes that, at times, it uses other communication mediums including, but not limited to, its X account (sharon__ai) and/or LinkedIn account (sharon-AI) to disseminate information about the Company, and can be additional sources of information outside press releases, regulatory filings with the SEC and any other conference calls, webcasts, investor days, etc. that the company may hold.

Forward-Looking Statements

This press release may contain, and our officers and representatives may from time to time make, “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, which are not historical facts, and which are not assurances of future performance. Forward-looking statements are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. In some cases you can identify these statements by forward-looking words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “should,” “would,” “project,” “strategy,” “plan,” “expect,” “goal,” “seek,” “future,” “likely” or the negative or plural of these words or similar expressions or references to future periods. Forward-looking statements in this release include specific statements regarding the intended use of proceeds. Examples of such forward-looking statements include but are not limited to express or implied statements regarding Sharon AI’s management team’s expectations, hopes, beliefs, intentions or strategies regarding the future including, without limitation, statements regarding:

Service and product offerings;Receipt and use of proceeds;The deployment of assets and expansion of network procurement;Sharon AI’s ability to engage with additional potential customers;Expansion of Sharon AI’s data center footprint and capacity; andThe strengthening of Sharon AI’s partner network.

In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. You are cautioned that such statements are not guarantees of future performance and that actual results or developments may differ materially from those set forth in these forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause actual results to differ materially from these forward-looking statements include, among others, all of the risks described in the “Risk Factors” section of the Company’s most recent Annual Report on Form 10-K filed with the SEC and other reports subsequently filed with the SEC. Additional assumptions, risks and uncertainties are described in detail in our registration statements, reports and other filings with the SEC, which are available at www.sec.gov. 

The forward-looking statements and other information contained in this news release are made as of the date hereof and Sharon AI does not undertake any obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

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SOURCE SharonAI Holdings Inc.

Exiger Joins Coalition to Strengthen America’s Strategic Industrial Base

WASHINGTON, Aug. 20, 2026 /PRNewswire/ — Exiger, the market-leading supply chain AI company and largest provider of supply chain risk technology to the U.S. Government, announced it has joined the New American Industrial Alliance, a multi-sector trade association dedicated to ensuring America’s techno-industrial leadership. Exiger joins fellow AI and defense tech pioneers including Anduril, Divergent, Google, Hadrian, and Palantir to advance the coalition’s mission to restore domestic manufacturing capacity and bolster national security.

NAIA and Exiger also announced their partnership on the launch of Ground Truth: The Exiger-NAIA Critical Minerals Readiness Survey – a timely industry snapshot on the current and future state of critical minerals supply that follows the White House’s Executive Order 14415 “Securing America’s Defense Supply Chains and Ensuring Domestic Acquisition of Critical Materials” last month. The survey of NAIA’s member community and the broader U.S. industrial base will measure the actual state of critical mineral supply against real industrial demand.

“We’re excited to welcome Exiger to NAIA and kick off this partnership with a revealing dive into both the pain points and opportunities across the critical minerals landscape for domestic manufacturers,” said Micah Murphy, Senior Vice President, NAIA. “Exiger’s leadership in supply chain, readiness, and procurement automation, coupled with their cutting-edge AI, deep data, and domain expertise, makes them a valuable ally in our work to strengthen and secure our most important supply chains.”

Ground Truth was designed by the partnership to surface where demand is not being met by domestic or allied supply (down to the spec, grade, alloy, or purity level), where reshoring goals and sourcing capabilities diverge, and which gaps leave companies most exposed.

“We’re thrilled to partner with NAIA to provide a ground truth at the exact moment policymakers are taking action on critical mineral dependencies with Executive Order 14415,” said Derek Lemke, Senior Vice President, Product Market Leadership, Exiger. “We’ve seen global bad actors attempt to weaponize the periodic table and leverage their control of critical mineral processing, refining, and exports, and hope the survey results inform policies that drive long-term resilience, including supply chain visibility, raw material traceability, and reduced dependency on adversarial supply.”

All stakeholders are welcome to participate in the brief survey at: https://qualtricsxmy5yxfhlpv.qualtrics.com/jfe/form/SV_881z1cFj6sUGvae.

Responses will inform a joint Exiger x NAIA research report, powered by 1EXIGER.AI, that will offer a blueprint for policymakers, federal buyers, investors, and industrial partners targeting where to best direct action and capital to accelerate America’s reindustrialization. 

The findings will be unveiled on September 16, 2026, in Washington, DC, at NAIA’s The New Industrial Age Forum, which brings leaders from factory floors, laboratories, and construction into conversation with policymakers working to shape America’s manufacturing renaissance.

About Exiger
Exiger transforms supply chain management from a complex challenge into a strategic advantage—driving savings and operational excellence in today’s volatile market. Exiger’s single, intuitive 1Exiger platform provides instant visibility into vast supplier ecosystems through a single pane of glass. Leveraging proprietary data and advanced agentic AI, 1Exiger proactively surfaces risks, automates compliance, accelerates procurement, and reveals opportunities to gain efficiencies and reduce costs to strengthen long-term resilience. With a mission to make the world a safe and transparent place to succeed, Exiger empowers 550+ global customers, including 150 Fortune 500 and 60+ government and Defense Industrial Base organizations, with supply chain AI. Exiger is FedRAMP® authorized and the largest provider of supply chain technology to the U.S. Federal Government. Named a Leader in the 2026 Gartner® Magic Quadrant™ for Supplier Risk Management two years in a row, twice selected as one of Fast Company’s ‘Brands That Matter,’ and recipient of the Third Party Risk Association’s Innovator Award, Exiger’s technology has been recognized by leading analyst evaluations and 50+ awards. Learn more at Exiger.com and follow Exiger on LinkedIn.

For more information, please contact:
Kody Gurfein
Chief Marketing Officer
1.914.393.0398

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SOURCE Exiger