New Era Energy & Digital sets up $100 million at-the-market share sale program
New Era Energy & Digital, Inc. entered into a sales agreement allowing it to sell up to $100 million of common stock through several agents over time, with no obligation to sell any shares. The company also disclosed that a Texas order halting data center permits could delay permits needed for its TCDC and other projects, and that it is negotiating with potential tenants, including an anchor tenant for its flagship project.
Key points
- Up to $100 million of common stock may be sold through six agents under the Sales Agreement dated September 24, 2026.
- Agents receive a commission of up to 3.5% of gross proceeds from each sale, plus reimbursement of legal fees.
- Proceeds are intended for general corporate purposes, which may include capital expenditures, working capital and debt repayment.
- On September 21, 2026, Texas Governor Greg Abbott directed the Texas Commission on Environmental Quality to halt data center permits until an ERCOT audit is complete.
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 24, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.