New Era Energy & Digital terminates EPFA, withdraws preliminary proxy statement

New Era Energy & Digital announced that it has delivered a notice of termination with respect to the Company’s equity purchase facility agreement “EPFA.” The EPFA termination will be effective on October 24th 2025. The Company determined that it is sufficiently capitalized at present and does not expect to sell any additional shares under the EPFA. The Company has requested the withdrawal of the preliminary proxy statement because: The Company no longer seeks to increase its authorized shares from 250MM to 3B; and The Company no longer plans to issue additional shares under the EPFA; and Management is no longer considering one or more reverse stock splits of the Company’s Common Stock.