New Era Energy & Digital to buy SharonAI's 50% stake in Texas Critical Data Centers for $70M

New ERA Energy & Digital, Inc.

Acquires SharonAI's 50% interest in TCDC, a JV developing an AI Factory on 438 acres in Ector County, TX.
Consideration: $10M cash, $10M in stock/units, $50M convertible note maturing June 30, 2026; $150k non-refundable deposit due in 14 days.
Condition: Sharon must reimburse New Era ~$2.55M for land funding by Jan 9, 2026; definitive agreements due by Jan 15, 2026.
TCDC completed purchase of additional 203 acres for $5.1M on Dec 19, 2025, adjacent to existing 235 acres.
30-day exclusivity period; Sharon not subject to non-compete; New Era files S-3 by Jan 23, 2026 for equity payment.

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