secwatch.observer — SEC 8-K summary
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Issuer:     New ERA Energy & Digital, Inc. (NUAI)
CIK:        0002028336
Form:       8-K
Filed at:   2026-07-30T21:04:09+00:00
Accession:  0001213900-26-083411
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 4.02
LLM model:  deepseek-v4-flash:cloud@v2

New Era Energy restates Q1 2026 financials due to expense and stock compensation errors
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- Audit Committee determined Q1 2026 financials should no longer be relied upon; will file Form 10-Q/A.
- Expense Classification Errors: ~$1.4M in legal/professional fees misclassified as G&A instead of deferred.
- Stock-Based Compensation Errors: PSU grant-date fair value of $23.5M understated; impact not yet quantified.
- Also evaluating fair value of January 2026 acquisition of remaining 50% of Texas Critical Data Centers.
- Errors affect net loss, EPS, assets, liabilities, equity, and cash flow presentation; no cash impact.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2028336/000121390026083411/0001213900-26-083411-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2028336/000121390026083411/ea0299918-8k_newera.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-083411

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer