---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-040470"
form_type: "8-K"
ticker: "NUAI"
cik: "0002028336"
company_name: "New ERA Energy & Digital, Inc."
filed_at: "2026-04-06T23:59:59+00:00"
generated_at: "2026-05-15T07:27:24.301507+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# New Era Energy issues $5M convertible promissory note to >5% shareholder

## Summary
- Principal $5M, interest 5% per annum, payable in common stock at maturity.
- Maturity date: earliest of Sep 30, 2026, TCDC project facility funding, qualified equity financing, or acceleration.
- Conversion price: for qualified equity financing, price per share in that financing; otherwise 30-day VWAP.
- Note includes 1.02x repayment premium; unregistered issuance, registration rights 30 days post-maturity.
- Holder Zachary Yi Zhou owns >5% of common stock; transaction approved by Audit Committee and Board.

## SEC filing metadata
- accession: 0001213900-26-040470
- form_type: 8-K
- ticker: NUAI
- cik: 0002028336
- company_name: New ERA Energy & Digital, Inc.
- filed_at: 2026-04-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2028336/000121390026040470/0001213900-26-040470-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2028336/000121390026040470/ea0285056-8k_new.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-040470
- JSON: https://secwatch.observer/filing/0001213900-26-040470.json
- Plain text: https://secwatch.observer/filing/0001213900-26-040470.txt

## Key facts
- Debt Financings
  New ERA Energy & Digital, Inc. incurred convertible notes of $5,000,000 with Zachary Yi Zhou at 5.00% per annum maturing The earliest to occur of (i) September 30, 2026, (ii) the initial closing and initial funding of the TCDC Project Credit Facility, (iii) the closing of a Qualif.
  - Instrument: convertible notes
  - Principal: $5,000,000
  - Counterparty: Zachary Yi Zhou
  - Rate: 5.00% per annum
  - Maturity: The earliest to occur of (i) September 30, 2026, (ii) the initial closing and initial funding of the TCDC Project Credit Facility, (iii) the closing of a Qualif
  - Event: incurrence
  source text: On March 31, 2026, New Era Energy & Digital, Inc. (the “ Company ”) issued a promissory note (the “ Note ”) in the principal amount of $5,000,000 to Zachary Yi Zhou, an individual shareholder of the Company who beneficially owns more than 5% of the Company’s common stock, par value $0.0001 (the “ Common Stock ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/2028336/000121390026040470/0001213900-26-040470-index.htm
- Equity Issuances
  New ERA Energy & Digital, Inc. issued converts to shares of Common Stock of convertible note to Zachary Yi Zhou for $5,000,000 promissory note.
  - Security: convertible note
  - Shares: converts to shares of Common Stock
  - Purchaser: Zachary Yi Zhou
  - Consideration: $5,000,000 promissory note
  source text: On March 31, 2026, New Era Energy & Digital, Inc. (the “ Company ”) issued a promissory note (the “ Note ”) in the principal amount of $5,000,000 to Zachary Yi Zhou, an individual shareholder of the Company who beneficially owns more than 5% of the Company’s common stock, par value $0.0001 (the “ Common Stock ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/2028336/000121390026040470/0001213900-26-040470-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.