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New Era Energy Expands via SharonAI Equity-Funded Acquisition

Story Highlights
  • On March 25, 2026, TCDC paid Grow Odessa to remove its property repurchase rights, strengthening data center control.
  • On March 31, 2026, New Era Energy & Digital issued over two million shares to SharonAI to advance an acquisition deal.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
New Era Energy Expands via SharonAI Equity-Funded Acquisition

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New Era Energy & Digital ( (NUAI) ) has provided an update.

On March 25, 2026, Texas Critical Data Centers LLC, a subsidiary of New Era Energy & Digital, amended two special warranty deeds with Odessa Industrial Development Corporation, doing business as Grow Odessa, to eliminate certain repurchase rights previously held by Grow Odessa over data center property in Ector County, Texas. In exchange for removing these rights and solidifying its long-term control over the site, TCDC agreed to pay Grow Odessa $4,347,500, consisting of a $3,347,500 promissory note and $1,000,000 in cash.

On March 31, 2026, New Era Energy & Digital issued 2,091,351 shares of its common stock to SharonAI, Inc. as part of the consideration under a membership interest purchase agreement dated January 16, 2026. The stock issuance, made under a private placement exemption from registration, advances the company’s acquisition of SharonAI and reflects its continued use of equity to fund strategic expansion in digital infrastructure and AI-related assets.

More about New Era Energy & Digital

New Era Energy & Digital, Inc., through its wholly owned subsidiary Texas Critical Data Centers LLC, operates in the digital infrastructure and data center industry, with a focus on developing and owning critical data center properties. The company’s activities include acquiring and securing long-term control over industrial real estate assets in Texas to support its data center operations and related digital energy initiatives.

Average Trading Volume: 4,943,202

Technical Sentiment Signal: Sell

Current Market Cap: $211.2M

Find detailed analytics on NUAI stock on TipRanks’ Stock Analysis page.

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