secwatch.observer — SEC 8-K summary
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Issuer:     New ERA Energy & Digital, Inc. (NUAI)
CIK:        0002028336
Form:       8-K
Filed at:   2026-04-06T23:59:59+00:00
Accession:  0001213900-26-040470
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2028336/000121390026040470/0001213900-26-040470-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2028336/000121390026040470/ea0285056-8k_new.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-040470

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