Material Event (Form 8-K)

As previously announced, on April 10, 2026, New Era Energy & Digital, Inc. (the "Company") delivered written notice to SharonAI, Inc. ("SharonAI") of its irrevocable election to prepay all of its $50 million senior secured convertible promissory note (the "Convertible Note"). SharonAI did not elect to convert any portion of the Convertible Note. On April 24, 2026, the Company paid $50 million principal plus accrued interest in cash in satisfaction of its obligations under the Convertible Note. Following the payment and satisfaction of the Convertible Note, the Company has no remaining payment obligations with respect to its completed acquisition of Texas Critical Data Centers LLC from SharonAI.