secwatch.observer — SEC 8-K summary
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Issuer:     New ERA Energy & Digital, Inc. (NUAI)
CIK:        0002028336
Form:       8-K
Filed at:   2026-01-20T23:59:59+00:00
Accession:  0001213900-26-005330
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 2.01, 2.03, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

New Era acquires remaining 50% of TCDC for $70M; partners with Primary Digital to co-develop 1+ GW campus
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- Closed acquisition of SharonAI's 50% interest in Texas Critical Data Centers for $70M: $10M cash, $10M equity, $50M convertible note.
- Convertible note carries 10% interest, matures June 30, 2026; conversion price floored at 20% of $4.33 closing price.
- Waiver with ATW AI Infrastructure reduces warrant exercise price to $2.00 and opens up to $60M in convertible preferred stock negotiations.
- Partners with Primary Digital Infrastructure to co-develop a 1+ gigawatt hyperscale data center campus in Ector County, Texas.
- Expects to sign a hyperscale anchor tenant in line with previous guidance; project shifts from planning to execution.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2028336/000121390026005330/0001213900-26-005330-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2028336/000121390026005330/ea0273263-8k425_newera.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-005330

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