• New Era Energy & Digital posted a net loss of USD 8.99 million for the quarter ended March 31, 2026, widening from a year earlier as operating loss expanded to USD 7.61 million.
• Revenue more than doubled to USD 802,353, up 145.8% year over year.
• General and administrative expenses jumped to USD 7.36 million, up 280.3%, while total costs and expenses climbed to USD 8.41 million, up 251.1%.
• Subsequent to quarter-end, TCDC secured a senior secured term loan facility of up to USD 290 million maturing April 8, 2029, including a USD 20 million committed tranche that was fully funded April 13, 2026.
• Liquidity was boosted by an underwritten public offering that generated about USD 93.4 million in net proceeds, with underwriters’ option adding about USD 14 million; proceeds were used to repay borrowings under a senior secured convertible promissory note.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New Era Energy & Digital Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-057022), on May 15, 2026, and is solely responsible for the information contained therein.