New Era Energy & Digital, Inc. Receives Nasdaq Staff Determination Letter
New Era Energy & Digital, Inc. (Nasdaq: NUAI) (the “Company”), announced today that on September 3, 2025, the Company received notice (the “Notice”) from the Staff indicating that the Company had not regained compliance with the MVLS Rule as of September 2, 2025, which requires that the Company maintain a market value of listed securities of at least $50 million, and that the Company was therefore subject to delisting unless the Company timely requests a hearing before the Nasdaq Hearings Panel (the “Panel”). The Company plans to timely request a hearing before the Panel, which request will stay any further action by Nasdaq at least pending the ultimate conclusion of the hearing process.
New Era Energy & Digital’s TCDC and Thunderhead Energy Solutions Sign Strategic Power Agreement for 250 MW AI Data Center Campus in Texas
New Era Energy & Digital, Inc. (Nasdaq: NUAI) (“NEED” or the “Company”), formerly New Era Helium, Inc., today announced that Texas Critical Data Centers LLC (“TCDC”), its 50/50 joint venture with Sharon AI, has signed a non-binding term sheet with Thunderhead Energy Solutions LLC to install a fully operational, behind-the-meter 250 MW power island for its planned hyperscale AI data center site in Ector County, Texas.
