New Era Energy & Digital, Inc. Announces Public Offering of Common Stock

New Era Energy & Digital, Inc. announced its intention to conduct an underwritten public offering of its common stock. The offering is subject to market conditions. The company plans to use the net proceeds to repay outstanding borrowings under a senior secured convertible promissory note payable to SharonAI, Inc., with any remaining funds allocated for general corporate purposes. The company has also granted the underwriters a 30-day option to purchase additional shares. Northland Capital Markets and Texas Capital Securities are managing the offering. The offering will be made through a prospectus and prospectus supplement, with details available on the SEC website. The company is an emerging growth company and has elected not to use the extended transition period for new or revised financial accounting standards.