New Era Energy & Digital prices $100M public offering of 29.85M shares at $3.35 to repay debt

New ERA Energy & Digital, Inc.

Gross proceeds ~$100M from 29,850,746 shares at $3.35; net proceeds ~$93.4M after underwriting discounts.
Net proceeds to repay all outstanding borrowings under senior secured convertible promissory note to SharonAI, Inc. and for general corporate purposes.
Underwriters granted 30-day option for up to 4,477,611 additional shares; 90-day lock-up applies.
Convertible note matures June 30, 2026, bears 10% interest, incurred as part of acquisition consideration.
Offering expected to close April 10, 2026; Northland Capital Markets is lead book-running manager.

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