New Era Energy & Digital updates ATM program terms
New Era Energy & Digital, Inc. entered into a Waiver and Consent Letter with Macquarie Equipment Capital Inc. on July 17, 2026, amending the Term Loan Agreement dated April 8, 2026.
Rhea-AI Filing Summary
New Era Energy & Digital, Inc. entered into a Waiver and Consent Letter with Macquarie Equipment Capital Inc. on July 17, 2026, amending the Term Loan Agreement dated April 8, 2026. Macquarie agreed to waive certain requirements under the existing term loan.
Under the Consent Letter, the parties extended the timeframe for New Era Energy & Digital to establish an at-the-market program on an effective registration statement with an aggregate offering price of at least $100 million. The company is now required to put this program in place within 60 days after receiving written notice from Macquarie or its permitted successors and assigns, or, under certain circumstances, within five business days following the filing of its next quarterly or annual periodic report.
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8-K Event Classification
Item 1.01 — Entry into a Material Definitive Agreement
1 item
Item 1.01
Entry into a Material Definitive Agreement
Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Key Figures
ATM Program Size: $100 million aggregate offering price
ATM Setup Deadline After Notice: 60 days
Alternate ATM Setup Deadline: five business days
+1 more
4 metrics
ATM Program Size
$100 million aggregate offering price
Minimum aggregate offering price for the at-the-market program under the Consent Letter
ATM Setup Deadline After Notice
60 days
Time after written notice from Macquarie to establish the at-the-market program
Alternate ATM Setup Deadline
five business days
Time after filing the next quarterly or annual report in certain circumstances
Term Loan Agreement Date
April 8, 2026
Date of the original Term Loan Agreement among the Borrower, the Company and Macquarie
Key Terms
Waiver and Consent Letter, Term Loan Agreement, at-the-market program, aggregate offering price
4 terms
Waiver and Consent Letter regulatory
"entered into a Waiver and Consent Letter (the “Consent Letter”) with Macquarie"
Term Loan Agreement financial
"requirements under the Term Loan Agreement, dated April 8, 2026, by and among the Borrower"
A term loan agreement is a formal contract in which a borrower receives a fixed amount of money from a lender and agrees to repay it over a set period with interest, much like a mortgage or car loan for a business. It matters to investors because the scheduled repayments, interest cost and any lender-imposed rules affect a company’s cash flow, financial flexibility and creditworthiness, which can change risk and share value.
at-the-market program financial
"extend the deadline for the Company to establish an “at-the-market” program on an effective"
An at-the-market program is a way for a company to sell new shares of its stock gradually over time directly into the stock market, rather than all at once. This approach allows the company to raise money as needed while giving investors the opportunity to buy shares at current market prices. It helps manage the timing and price of new stock offerings, providing flexibility for both the company and investors.
aggregate offering price financial
"registration statement with an aggregate offering price of at least $100 million"
The aggregate offering price is the total dollar amount that will be raised if all the securities in an offering are sold at the stated offering price, before fees or expenses are taken out. Investors use it to gauge the size of the fundraising and its potential effects—such as how much cash the company will get and how much existing ownership might be reduced—similar to totaling every item’s price in a shopping cart to see the full bill.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What agreement did NUAI enter into with Macquarie Equipment Capital Inc.?
New Era Energy & Digital, Inc. (NUAI) entered into a Waiver and Consent Letter with Macquarie Equipment Capital Inc. The letter waives certain requirements in the April 8, 2026 Term Loan Agreement and revises timing for establishing an at-the-market securities program.
How large must NUAI’s new at-the-market program be under the Consent Letter?
The at-the-market program must be established on an effective registration statement with an aggregate offering price of at least $100 million. This size requirement is a condition under the Consent Letter between New Era Energy & Digital, Inc. and Macquarie Equipment Capital Inc.
What new deadline does NUAI face to establish its at-the-market program?
New Era Energy & Digital, Inc. must establish the at-the-market program within 60 days after receiving written notice from Macquarie or its permitted successors and assigns. This replaces earlier timing requirements in the original April 8, 2026 Term Loan Agreement.
Are there alternative timing conditions for NUAI’s at-the-market program?
Yes. Under certain circumstances, New Era Energy & Digital, Inc. must establish the at-the-market program within five business days after filing its next quarterly or annual periodic report, providing an alternate trigger to the 60‑day notice-based deadline.
Does the Consent Letter change NUAI’s relationship to the existing Term Loan Agreement?
The Consent Letter does not replace the Term Loan Agreement; it waives certain requirements and adjusts procedures linked to establishing the at-the-market program. The core April 8, 2026 Term Loan Agreement with Macquarie remains in effect, subject to these waivers.
AI-generated analysis. How Rhea-AI works. Not financial advice.
