secwatch.observer — SEC 8-K summary
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Issuer:     New ERA Energy & Digital, Inc. (NUAI)
CIK:        0002028336
Form:       8-K
Filed at:   2026-04-10T23:59:59+00:00
Accession:  0001213900-26-042161
Event type: other_material
Sentiment:  neutral
Materiality: 0.80
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2028336/000121390026042161/0001213900-26-042161-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2028336/000121390026042161/ea0285756-8k_newera.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-042161

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