8-K Reports
New ERA Energy & Digital, Inc.
CIK

2028336

Accepted

Oct 28, 2025, 09:11 PM

Accession

0001213900-25-103154

1.01 Entry into a Material Definitive Agreement
1.02 Termination of a Material Definitive Agreement
9.01 Financial Statements and Exhibits
Items (3)

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. .

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) 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