New ERA Energy & Digital, Inc. 8-K

What Happened
New Era Energy & Digital, Inc. announced in an 8‑K filed April 27, 2026 that it delivered notice on April 10, 2026 electing to prepay its $50 million senior secured convertible promissory note issued by SharonAI, Inc. SharonAI did not convert any portion of the note, and on April 24, 2026 the Company paid $50 million principal plus accrued interest in cash to satisfy the note. Following that payment, the Company states it has no remaining payment obligations related to its completed acquisition of Texas Critical Data Centers LLC from SharonAI.

Key Details

• Parties: New Era Energy & Digital, Inc. (NUAI) and SharonAI, Inc.
• Notice to prepay delivered: April 10, 2026.
• Payment made: April 24, 2026 — $50,000,000 principal plus accrued interest (cash).
• Outcome: SharonAI did not elect conversion; the convertible note is satisfied and no further payment obligations remain for the referenced acquisition.

Why It Matters
This filing documents the extinguishment of a $50M convertible debt instrument tied to NUAI’s acquisition of Texas Critical Data Centers LLC. For investors, the payment removes the convertible note liability and any remaining conversion exposure related to that acquisition, and confirms the company considers its purchase-related obligations to SharonAI fulfilled.