New Era Energy & Digital Prices $100M Public Stock Offering

The Texas-based energy and tech firm raised funds through a major equity sale.

Apr. 9, 2026 at 2:20pm

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An extreme close-up of complex, industrial banking machinery in shades of steel grey, copper, and black, conceptually representing the secure, powerful infrastructure of the financial system.New Era's $100 million public stock offering bolsters its financial infrastructure to drive innovation in energy and digital technologies.Midland Today

New Era Energy & Digital, Inc., a Midland, Texas-based energy and technology company, announced the pricing of its previously disclosed underwritten public offering of 29,850,746 shares of common stock at a price of $3.35 per share, raising gross proceeds of approximately $100 million.

Why it matters

The capital raise will help New Era fund its ongoing operations and growth initiatives as it continues to develop innovative energy and digital technologies. As a publicly traded company, this stock offering allows New Era to access public markets and diversify its funding sources beyond traditional bank financing.

The details

New Era said the offering is expected to close on April 14, 2026, subject to customary closing conditions. The company plans to use the net proceeds from the offering for general corporate purposes, including working capital and potential acquisitions.

  • The public offering was announced on April 9, 2026.
  • The offering is expected to close on April 14, 2026.

The players

New Era Energy & Digital, Inc.

A publicly traded energy and technology company based in Midland, Texas that develops innovative energy and digital solutions.

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What’s next

New Era will use the $100 million in proceeds from the stock offering to fund its ongoing operations and growth initiatives.

The takeaway

This public stock offering allows New Era to raise significant capital to support its continued development of energy and digital technologies, demonstrating the company's ability to access public markets and diversify its funding sources.