New Era Energy & Digital receives Nasdaq delisting notice for failure to maintain $50M MVLS; will request hearing

New ERA Energy & Digital, Inc.

Received notice on Sept 3, 2025 that it failed to regain compliance with Nasdaq's $50M market value of listed securities rule by Sept 2 deadline.
Company plans to timely request a hearing before Nasdaq Hearings Panel, which will stay delisting pending hearing outcome.
Option 1: raise capital to increase shareholders' equity above $2.5M.
Option 2: issue shares via PIPE to achieve at least $35M MVLS and move to Nasdaq Capital Markets.
No assurance that the Panel will grant continued listing or that compliance can be achieved.

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