New Era Energy & Digital, Inc. entered into an At-The-Market Issuance Sales Agreement on September 24, 2026, establishing a program to sell up to $100 million of its common stock through agents including Mizuho Securities USA LLC and B. Riley Securities Inc. The company will pay agents a commission of up to 3.5% of gross proceeds and intends to use net proceeds for general corporate purposes, such as capital expenditures or refinancing indebtedness. Concurrently, the filing disclosed that Texas Governor Greg Abbott ordered a halt on data center permits pending an ERCOT grid audit, potentially delaying project timelines. The company is developing AI infrastructure and data centers.
