New Era Energy & Digital (NUAI) Stock Soars 186% as Company Pivots to AI Infrastructure

TLDR New Era Energy & Digital (NASDAQ:NUAI) terminated its equity purchase facility agreement on October 17, effective October 24, stating the company is sufficiently capitalized. The company withdrew its proxy statement that proposed increasing authorized shares from 250 million to 3 billion and abandoned plans for a reverse stock split. NUAI’s stock closed at $4.55 [...]

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