New Era Helium Corp. to list on Nasdaq via merger with Roth CH Acquisition V Co.

New Era Helium Corp., an exploration and production company that sources helium produced in association with the production of natural gas reserves in North America, and Roth CH Acquisition V Co., announced the signing of a definitive agreement for a business combination at a pre-money valuation of $90M, that is expected to result in NEH becoming a public company. Upon the closing of the transaction, subject to approval by ROCL‘s stockholders and other customary closing conditions, the combined company will be named “New Era Helium Corp.” and is expected to list on NASDAQ. Current NEH Chairman, Joel Solis, and CEO, E. Will Gray II, will continue to lead the combined company, and existing NEH shareholders will roll 100% of their equity into the combined company. The transaction is expected to close in the first half of 2024.