Extracted from this filing and checked against the source text.
M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.9
SharonAI Holdings Inc. completed a disposition involving New Era Energy & Digital Inc. for $70,000,000 (closed 2026-01-16).
- Action
- disposition
- Counterparty
- New Era Energy & Digital Inc.
- Consideration
- $70,000,000
- Closing
- 2026-01-16
Exact text from the filing
site project with behind the meter natural gas-fired power in Ector County, Texas. The consideration NUAI will pay SharonAI for the Membership Interests will be an aggregate of $70,000,000, of which, (a) $10,000,000 will be payable in cash, with (i) $150,000 paid in December of 2025 as non-refundable deposit, and (ii) $9,850,000 payable upon the occurrence of certain
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
SharonAI Holdings Inc. entered into Membership Interest Purchase Agreement with New Era Energy & Digital Inc. (NUAI) valued at an aggregate of $70,000,000 (effective 2026-01-16).
- Action
- entry
- Agreement
- asset purchase
- Counterparty
- New Era Energy & Digital Inc. (NUAI)
- Value
- an aggregate of $70,000,000
- Effective
- 2026-01-16
Exact text from the filing
On January 16, 2026, SharonAI Inc., a subsidiary of SharonAI Inc. Holdings Inc. (“we,” “us,” the “Company” or “SharonAI”), entered into a Membership Interest Purchase Agreement (“Purchase Agreement”) for, and closed the sale of, SharonAI’s sale of 100% of its 50% interest (“Membership Interests”) in Texas Critical Data Centers LLC (“TCDC”) to New Era Energy & Digital Inc. (“NUAI”).
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