New Era Energy & Digital Issues Shares, Prepaying Note

New Era Energy & Digital ( (NUAI) ) has shared an announcement.

On April 10, 2026, New Era Energy & Digital issued 893,724 shares of common stock to SharonAI, Inc. under a January 16, 2026 membership interest purchase agreement linked to its acquisition of SharonAI’s stake in Texas Critical Data Centers LLC, and 1,522,389 shares to Zachary Yi Zhou upon maturity of an amended promissory note tied to the company’s underwritten public offering. These issuances, executed under a registration exemption, increased total shares outstanding to 93,522,797 as of April 10, 2026 and form part of a $70 million consideration package for the SharonAI transaction that is constrained by a 19.99% share cap requiring stockholder approval for further equity issuance.

The company also postponed its special stockholders’ meeting, originally set for April 15, 2026, to April 16, 2026 to allow time to supplement proxy disclosures about recent events while keeping the agenda to approve additional share issuance for the SharonAI deal unchanged. Separately, on April 10, 2026, New Era notified SharonAI of its plan to prepay the $50 million senior secured convertible note on April 24, 2026, giving SharonAI until April 17, 2026 to convert up to 20% into equity, a move that will largely settle the obligation in cash and clarify the company’s capital structure for investors and other stakeholders.

More about New Era Energy & Digital

New Era Energy & Digital, Inc. is a developer and operator of next-generation digital infrastructure and integrated power assets, focusing on building and managing advanced data and energy facilities. The company is listed on Nasdaq under the ticker NUAI and targets high-demand, power-intensive digital operations through its infrastructure platform.

Average Trading Volume: 5,073,063

Technical Sentiment Signal: Hold

Current Market Cap: $249.2M

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