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[8-K] New ERA Energy & Digital, Inc. Reports Material Event

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Rhea-AI Filing Summary

New Era Energy & Digital, Inc. (NUAI) entered into a secured promissory note under which the company agreed to provide a $4,000,000 loan to an individual shareholder, Joel Solis, and Aventus Properties LLC. The loan bears interest at 18% per annum or the Maximum Rate permitted by law, is secured by deeds of trust on real property in Odessa and Pecos, Texas, and matures on December 6, 2025. The transaction was reviewed and approved by the Audit Committee and Board, and includes a Release Agreement.

Separately, Air Life Gases USA Inc. provided notice to terminate the company’s Liquid Helium Agreement, effective November 30, 2025 if the Commencement Date has not occurred. Upon termination, the company must pay $2,382,255.55, comprising an Adjusted Advance Amount of $382,255.55 and reimbursement of a $2,000,000 advance, within five days of termination.

New Era Energy & Digital, Inc. (NUAI) ha stipulato un prestito garantito secondo il quale la società si è impegnata a fornire un prestito di $4,000,000 a un azionista individuale, Joel Solis, e ad Aventus Properties LLC. Il prestito prevede un interesse del 18% annuo o al tasso massimo consentito dalla legge, è garantito da pubbliche sepolte ipotecarie su immobili in Odessa e Pecos, Texas, e scade il 6 dicembre 2025. La transazione è stata esaminata e approvata dal Comitato di Audit e dal Consiglio, e include un Accordo di Rilascio.

Inoltre, Air Life Gases USA Inc. ha comunicato la terminazione dell’Accordo per Gas di Elio Liquido, effettiva 30 novembre 2025 se la Data di Inizio non si è verificata. Alla terminazione, la società deve versare $2,382,255.55, comprendente un Importo Avanzato Rettificato di $382,255.55 e il rimborso di un anticipo di $2,000,000, entro cinque giorni dalla terminazione.

New Era Energy & Digital, Inc. (NUAI) firmó un pagaré garantizado mediante el cual la empresa acordó proporcionar un préstamo de $4,000,000 a un accionista individual, Joel Solis, y Aventus Properties LLC. El préstamo devenga intereses al 18% anual o la Tasa Máxima permitida por la ley, está garantizado por escrituras de fideicomiso sobre bienes inmuebles en Odessa y Pecos, Texas, y vence el 6 de diciembre de 2025. La transacción fue revisada y aprobada por el Comité de Auditoría y la Junta, e incluye un Acuerdo de Liberación.

Separadamente, Air Life Gases USA Inc. notificó la terminación del Contrato de Helio Líquido de la compañía, con efecto 30 de noviembre de 2025 si aún no ha ocurrido la Fecha de Inicio. Al terminar, la empresa debe pagar $2,382,255.55, que comprende un Monto Avanzado Ajustado de $382,255.55 y el reembolso de un anticipo de $2,000,000, dentro de los cinco días posteriores a la terminación.

New Era Energy & Digital, Inc. (NUAI)는 회사가 개인 주주 Joel Solis 및 Aventus Properties LLC에게 $4,000,000 대출을 제공하기로 합의한 담보 약정 어음을 체결했습니다. 대출은 연 18%의 이자 또는 법이 허용하는 최대 이자율로 이자 지급되며, Odessa & Pecos, Texas에 위치한 부동산의 신탁등기로 담보되고, 2025년 12월 6일에 만료됩니다. 거래는 감사위원회와 이사회에 의해 검토 및 승인되었으며, 해제 계약이 포함되어 있습니다.

또한 Air Life Gases USA Inc.는 회사의 액체 헬륨 계약을 해지하는 통지를 제공했으며, 시작일이 발생하지 않을 경우 2025년 11월 30일에 발효됩니다. 해지 시 회사는 $2,382,255.55를 지불해야 하며, 이는 $382,255.55의 조정 선급금$2,000,000 선급금의 상환으로 구성되며, 해지일로부터 5일 이내에 지급해야 합니다.

New Era Energy & Digital, Inc. (NUAI) a conclu une promesse de prêt sécurisée selon laquelle la société s’engage à fournir un prêt de 4 000 000 dollars à un actionnaire individuel, Joel Solis, et à Aventus Properties LLC. Le prêt porte un intérêt de 18% par an ou au taux maximal autorisé par la loi, est garanti par des actes de fiducie sur des biens immobiliers à Odessa et Pecos, Texas, et date d’échéance le 6 décembre 2025. La transaction a été examinée et approuvée par le Comité d’audit et le Conseil, et comprend un Accord de Libération.

En parallèle, Air Life Gases USA Inc. a notifié la résiliation de l’Accord sur l’hélium liquide de la société, effective le 30 novembre 2025 si la Date de commencement n’a pas eu lieu. En cas de résiliation, la société doit payer 2 382 255,55 $, comprenant un Montant Avancé Ajusté de 382 255,55 $ et le remboursement d'une avance de 2 000 000 $, dans les cinq jours suivant la résiliation.

New Era Energy & Digital, Inc. (NUAI) hat eine gesicherte Vorschussvereinbarung abgeschlossen, nach der das Unternehmen einem $4,000,000 Kredit an einen einzelnen Aktionär, Joel Solis, und Aventus Properties LLC gewährt, und der Kredit verzinst wird mit 18% pro Jahr oder dem gesetzlich zulässigen Höchstsatz, ist durch Grundschuldens auf Immobilien in Odessa & Pecos, Texas gesichert und läuft ab am 6. Dezember 2025. Die Transaktion wurde vom Prüfungsausschuss und dem Vorstand überprüft und genehmigt und umfasst eine Freigabevereinbarung.

Zusätzlich hat Air Life Gases USA Inc. eine Mitteilung gegeben, das Unternehmen’s Flüssighelium-Vertrag zu kündigen, wirksam 30. November 2025, falls der Beginn Datum nicht eingetreten ist. Bei Kündigung muss das Unternehmen $2,382,255.55 zahlen, bestehend aus einem angepassten Vorschussbetrag von $382,255.55 und der Erstattung eines Vorschusses von $2,000,000, innerhalb von fünf Tagen nach der Kündigung.

New Era Energy & Digital, Inc. (NUAI) أبرمت مذكرة وعد آمنة بموجبها وافقت الشركة على تقديم قرض بقيمة 4,000,000 دولار لمساهم فردي، Joel Solis، وشركة Aventus Properties LLC. يتم فائدة القرض بفائدة 18% سنوياً أو بأقصى معدل يسمح به القانون، وهو مضمون بإجراءات ائتمانية على عقارات في أوديسا وبكسو، تكساس، ويسبح استحقاقه في 6 ديسمبر 2025. تمت مراجعة الصفقة والموافقة عليها من قبل لجنة التدقيق والمجلس، وتشمل اتفاقية إخلاء.

على نحو منفصل، قدمت Air Life Gases USA Inc. إشعاراً بإنهاء اتفاقية غاز الهيليوم السائل للشركة، اعتباراً من 30 نوفمبر 2025 إذا لم يحدث تاريخ البدء. عند الإنهاء، يجب على الشركة دفع $2,382,255.55، والتي تتكون من مبلغ مقدم معدّل قدره $382,255.55 وتعويض مقدم قدره $2,000,000، خلال خمسة أيام من الإنهاء.

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Insights

NUAI extends a secured $4M loan and faces $2.38M payment tied to a contract termination.

The company agreed to provide a $4,000,000 secured loan at up to 18% interest, maturing on December 6, 2025, backed by real property in Odessa and Pecos, Texas. Board and Audit Committee review suggests internal oversight, and a Release Agreement is part of the package.

AirLife’s termination of the Liquid Helium Agreement, effective November 30, 2025 if the Commencement Date has not occurred, triggers a required payment of $2,382,255.55 (including a $2,000,000 advance and a $382,255.55 adjustment) within five days of termination. Actual cash impact will hinge on loan funding, collateral sufficiency, and the termination’s effectiveness conditions.

New Era Energy & Digital, Inc. (NUAI) ha stipulato un prestito garantito secondo il quale la società si è impegnata a fornire un prestito di $4,000,000 a un azionista individuale, Joel Solis, e ad Aventus Properties LLC. Il prestito prevede un interesse del 18% annuo o al tasso massimo consentito dalla legge, è garantito da pubbliche sepolte ipotecarie su immobili in Odessa e Pecos, Texas, e scade il 6 dicembre 2025. La transazione è stata esaminata e approvata dal Comitato di Audit e dal Consiglio, e include un Accordo di Rilascio.

Inoltre, Air Life Gases USA Inc. ha comunicato la terminazione dell’Accordo per Gas di Elio Liquido, effettiva 30 novembre 2025 se la Data di Inizio non si è verificata. Alla terminazione, la società deve versare $2,382,255.55, comprendente un Importo Avanzato Rettificato di $382,255.55 e il rimborso di un anticipo di $2,000,000, entro cinque giorni dalla terminazione.

New Era Energy & Digital, Inc. (NUAI) firmó un pagaré garantizado mediante el cual la empresa acordó proporcionar un préstamo de $4,000,000 a un accionista individual, Joel Solis, y Aventus Properties LLC. El préstamo devenga intereses al 18% anual o la Tasa Máxima permitida por la ley, está garantizado por escrituras de fideicomiso sobre bienes inmuebles en Odessa y Pecos, Texas, y vence el 6 de diciembre de 2025. La transacción fue revisada y aprobada por el Comité de Auditoría y la Junta, e incluye un Acuerdo de Liberación.

Separadamente, Air Life Gases USA Inc. notificó la terminación del Contrato de Helio Líquido de la compañía, con efecto 30 de noviembre de 2025 si aún no ha ocurrido la Fecha de Inicio. Al terminar, la empresa debe pagar $2,382,255.55, que comprende un Monto Avanzado Ajustado de $382,255.55 y el reembolso de un anticipo de $2,000,000, dentro de los cinco días posteriores a la terminación.

New Era Energy & Digital, Inc. (NUAI)는 회사가 개인 주주 Joel Solis 및 Aventus Properties LLC에게 $4,000,000 대출을 제공하기로 합의한 담보 약정 어음을 체결했습니다. 대출은 연 18%의 이자 또는 법이 허용하는 최대 이자율로 이자 지급되며, Odessa & Pecos, Texas에 위치한 부동산의 신탁등기로 담보되고, 2025년 12월 6일에 만료됩니다. 거래는 감사위원회와 이사회에 의해 검토 및 승인되었으며, 해제 계약이 포함되어 있습니다.

또한 Air Life Gases USA Inc.는 회사의 액체 헬륨 계약을 해지하는 통지를 제공했으며, 시작일이 발생하지 않을 경우 2025년 11월 30일에 발효됩니다. 해지 시 회사는 $2,382,255.55를 지불해야 하며, 이는 $382,255.55의 조정 선급금$2,000,000 선급금의 상환으로 구성되며, 해지일로부터 5일 이내에 지급해야 합니다.

New Era Energy & Digital, Inc. (NUAI) a conclu une promesse de prêt sécurisée selon laquelle la société s’engage à fournir un prêt de 4 000 000 dollars à un actionnaire individuel, Joel Solis, et à Aventus Properties LLC. Le prêt porte un intérêt de 18% par an ou au taux maximal autorisé par la loi, est garanti par des actes de fiducie sur des biens immobiliers à Odessa et Pecos, Texas, et date d’échéance le 6 décembre 2025. La transaction a été examinée et approuvée par le Comité d’audit et le Conseil, et comprend un Accord de Libération.

En parallèle, Air Life Gases USA Inc. a notifié la résiliation de l’Accord sur l’hélium liquide de la société, effective le 30 novembre 2025 si la Date de commencement n’a pas eu lieu. En cas de résiliation, la société doit payer 2 382 255,55 $, comprenant un Montant Avancé Ajusté de 382 255,55 $ et le remboursement d'une avance de 2 000 000 $, dans les cinq jours suivant la résiliation.

New Era Energy & Digital, Inc. (NUAI) hat eine gesicherte Vorschussvereinbarung abgeschlossen, nach der das Unternehmen einem $4,000,000 Kredit an einen einzelnen Aktionär, Joel Solis, und Aventus Properties LLC gewährt, und der Kredit verzinst wird mit 18% pro Jahr oder dem gesetzlich zulässigen Höchstsatz, ist durch Grundschuldens auf Immobilien in Odessa & Pecos, Texas gesichert und läuft ab am 6. Dezember 2025. Die Transaktion wurde vom Prüfungsausschuss und dem Vorstand überprüft und genehmigt und umfasst eine Freigabevereinbarung.

Zusätzlich hat Air Life Gases USA Inc. eine Mitteilung gegeben, das Unternehmen’s Flüssighelium-Vertrag zu kündigen, wirksam 30. November 2025, falls der Beginn Datum nicht eingetreten ist. Bei Kündigung muss das Unternehmen $2,382,255.55 zahlen, bestehend aus einem angepassten Vorschussbetrag von $382,255.55 und der Erstattung eines Vorschusses von $2,000,000, innerhalb von fünf Tagen nach der Kündigung.

New Era Energy & Digital, Inc. (NUAI) أبرمت مذكرة وعد آمنة بموجبها وافقت الشركة على تقديم قرض بقيمة 4,000,000 دولار لمساهم فردي، Joel Solis، وشركة Aventus Properties LLC. يتم فائدة القرض بفائدة 18% سنوياً أو بأقصى معدل يسمح به القانون، وهو مضمون بإجراءات ائتمانية على عقارات في أوديسا وبكسو، تكساس، ويسبح استحقاقه في 6 ديسمبر 2025. تمت مراجعة الصفقة والموافقة عليها من قبل لجنة التدقيق والمجلس، وتشمل اتفاقية إخلاء.

على نحو منفصل، قدمت Air Life Gases USA Inc. إشعاراً بإنهاء اتفاقية غاز الهيليوم السائل للشركة، اعتباراً من 30 نوفمبر 2025 إذا لم يحدث تاريخ البدء. عند الإنهاء، يجب على الشركة دفع $2,382,255.55، والتي تتكون من مبلغ مقدم معدّل قدره $382,255.55 وتعويض مقدم قدره $2,000,000، خلال خمسة أيام من الإنهاء.

New Era Energy & Digital, Inc. (NUAI) 已签署一份有担保的本票,公司同意向个人股东 Joel Solis 及 Aventus Properties LLC 提供 $4,000,000 贷款。贷款利率为 每年 18% 或法律允许的最高利率,由位于 Odessa & Pecos, Texas 的不动产设立信托契约作担保,且 于 2025 年 12 月 6 日到期。该交易已经由审计委员会和董事会审核并批准,并包含一个释放协议。

另外,Air Life Gases USA Inc. 已通知终止公司 的 液态氦气协议,自 2025 年 11 月 30 日起生效(若起始日期尚未发生)。终止时,公司须在终止之日起五日内支付 $2,382,255.55,其中包括经调整的预支金额 $382,255.55 以及对 $2,000,000 预付款的偿付

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or Section 15(d) of the

Securities Exchange Act of 1934

 

October 22, 2025

Date of Report (Date of earliest event reported)

 

NEW ERA ENERGY & DIGITAL, INC.

(Exact Name of Registrant as Specified in Charter)

 

Nevada   001-42433   99-3749880
(State or Other Jurisdiction
of Incorporation)
  (Commission File Number)   (I.R.S. Employer
Identification Number)

 

4501 Santa Rosa Dr.
Midland, TX
  79707
(Address of Principal Executive Offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (432) 695-6997

 

n/a

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which
registered
Common Stock   NUAI   The Nasdaq Stock Market LLC
Warrants   NUAIW   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR § 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

Item 1.01 Entry into a Material Definitive Agreement.

 

On October 23, 2025, New Era Energy & Digital, Inc. (the “Company”) entered into a secured promissory note (the “Note”) with Joel Solis, an individual shareholder of the Company, and Aventus Properties LLC.

 

Pursuant to the terms of the Note, the Company agreed to provide a loan in the principal amount of $4,000,000 (the “Loan”). The Loan bears interest on the outstanding principal amount at a rate per annum equal to the lesser of (i) eighteen percent (18%), compounded annually, or (ii) the Maximum Rate, where “Maximum Rate” means the maximum non-usurious rate of interest permitted under applicable law. The Note includes customary covenants and events of default provisions.

 

The Loan is secured by a deed of trust on certain real property located in Odessa, Texas and Pecos, Texas. The Deed of Trust will be recorded in the real property records of Ector County, Texas and Reeves County, Texas. The Loan will mature on December 6, 2025, unless earlier repaid in accordance with the Note.

 

The transaction was reviewed and approved by the Company’s Audit Committee and Board of Directors. The Company entered into a Release Agreement as part of the Loan transaction.

 

The foregoing description of the Note is not complete and is qualified in its entirety by reference to the full text of the Note, a copy of which is attached hereto as Exhibit 10.1. The Deed of Trust is attached hereto as Exhibit 10.2. The Release Agreement is attached hereto as Exhibit 10.3.

.

1

 

 

Item 1.02 Termination of a Material Definitive Agreement.

 

As previously disclosed, on August 25, 2023, the Company entered into the Contract for Sale and Purchase of Liquid Helium dated August 25, 2023 (as amended, the “Liquid Helium Agreement”), with Air Life Gases USA Inc. (“AirLife”). Pursuant to the Liquid Helium Agreement, we had the obligation to sell AirLife 50% of the helium generated from the Pecos Slope Plant in the form of liquefied helium, less 2% tolling losses.

 

On October 22, 2025, AirLife provided us with notice of termination of the Liquid Helium Agreement, with such termination to be effective November 30, 2025, provided that the Commencement Date (as defined therein) has not occurred. As a result of the termination of the Liquid Helium Agreement, and in accordance with the terms of the Promissory Note dated October 25, 2023 issued by us to AirLife, the Company is obligated to pay AirLife a total of $2,382,255.55, representing the Adjusted Advance Amount of $382,255.55 and reimbursement of a $2,000,000 advance, within five (5) days of the date of such termination.

 

The foregoing description of the Liquid Helium Agreement is not complete and is qualified in its entirety by reference to the full text of the Liquid Helium Agreement, a copy of which was filed as Exhibit 10.17 and Exhibit 10.18 to the Company’s Annual Report on Form 10-K filed with the SEC on March 31, 2025 and is incorporated herein by reference.

 

Item 9.01 Financial Statements and Exhibits.

 

Exhibit

Number   Description
     
10.1   Promissory Note dated October 23, 2025
     
10.2   Deed of Trust dated October 23, 2025
     
10.3   Release Agreement dated October 23, 2025
     
104   Cover Page Interactive Data File (embedded with the Inline XBRL document)

 

2

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: October 28, 2025

 

  NEW ERA ENERGY & DIGITAL, INC.
     
  By: /s/ E. Will Gray II
  Name: E. Will Gray II
  Title: Chief Executive Officer

 

3

 

FAQ

What financing action did NUAI disclose in its 8-K?

NUAI agreed to provide a $4,000,000 secured loan at 18% per annum or the Maximum Rate, maturing on December 6, 2025.

Who are the borrowers under NUAI’s secured promissory note?

The borrowers are Joel Solis, an individual shareholder, and Aventus Properties LLC.

What collateral secures NUAI’s $4,000,000 loan?

The loan is secured by deeds of trust on real property in Odessa, Texas and Pecos, Texas.

What happened to NUAI’s Liquid Helium Agreement with AirLife?

AirLife gave notice to terminate, effective November 30, 2025 if the Commencement Date has not occurred.

What payment is NUAI obligated to make upon the AirLife termination?

NUAI must pay $2,382,255.55, including a $2,000,000 advance reimbursement and a $382,255.55 Adjusted Advance Amount, within five days of termination.

Who approved NUAI’s loan transaction?

The transaction was reviewed and approved by the company’s Audit Committee and Board of Directors.
New Era Helium Inc

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