New Era Energy & Digital settles NM lawsuit for $1M; denies liability

New ERA Energy & Digital, Inc.

Company to pay $1.0M to United States Trustee for Acacia bankruptcy estates to settle State of New Mexico's claims.
Settlement subject to Bankruptcy Court for Western District of Texas approval; claims dismissed with prejudice upon payment.
Company expressly denies any liability or wrongdoing; settlement is not an admission.
State of New Mexico retains three claims against CEO E. Will Gray II in his individual capacity; he will defend.
Lawsuit concerns legacy helium and gas assets and associated environmental obligations.

item 7.01 item 8.01 item 9.01

Machine-readable event card

schema_version: secwatch.filing_event.v1
accession: 0001213900-26-062142
form_type: 8-K
ticker: NUAI
cik: 0002028336
company_name: New ERA Energy & Digital, Inc.
filed_at: 2026-05-28T20:22:51+00:00
discovered_at: 2026-05-28T20:24:02.407195+00:00
generated_at: 2026-05-28T20:25:14.166398+00:00
sec_items: ["7.01", "8.01", "9.01"]
event_type: litigation
sentiment: neutral
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: high
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markdown_url: https://secwatch.observer/filing/0001213900-26-062142.md
text_url: https://secwatch.observer/filing/0001213900-26-062142.txt
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Source: SEC EDGAR

accession 0001213900-26-062142

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