New Era Energy & Digital, Inc. Form 8-K Filing

This Form 8-K filing by New Era Energy & Digital, Inc. announces the pricing of an underwritten public offering of 29,850,746 shares of its common stock at $3.35 per share. The offering is conducted under a registration statement filed with the SEC. The company entered into an underwriting agreement with Northland Securities, Inc. as the representative of the underwriters. The expected net proceeds from the offering are approximately $93.4 million, which will be used to repay outstanding borrowings under a senior secured convertible promissory note with SharonAI, Inc. and for general corporate purposes. The company has also granted the underwriters an option to purchase additional shares and has agreed to a 90-day lock-up period for its shares.