secwatch.observer — SEC 8-K summary
======================================

Issuer:     New ERA Energy & Digital, Inc. (NUAI)
CIK:        0002028336
Form:       8-K
Filed at:   2024-12-12T23:59:59+00:00
Accession:  0001104659-24-128000
Event type: other_material
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.01, 2.01, 5.02, 9.01, 3.03, 4.01, 5.01, 5.03, 5.05, 5.06, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

New Era Helium closes business combination; enters $75M equity facility and $30M warrant agreement
--------------------------------------------------------------------------------

- Closed business combination with Roth CH V; issued 8.9M shares to former New Era Helium Corp. holders.
- Entered equity purchase facility for up to $75M; received $7M initial pre-paid advance convertible at $10/share into 770,000 shares.
- Sold warrants to purchase up to $30M of common stock at $10 per share in two tranches ($10M and $20M).
- Converted bridge debentures into 2,409,270 common shares prior to closing.
- Must hold special meeting within 90 days to approve share issuance and increase authorized shares to 250M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2028336/000110465924128000/0001104659-24-128000-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2028336/000110465924128000/tm2430416d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-128000

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer