Loan & DebtJul 22, 2026, 04:12 PM
New ERA Energy & Digital Extends $100M ATM Program Deadline
AI Summary
New ERA Energy & Digital, Inc., through its subsidiary Texas Critical Data Centers LLC, entered into a Waiver and Consent Letter with Macquarie Equipment Capital Inc. on July 17, 2026. This agreement waives certain requirements under their existing Term Loan Agreement. Specifically, it extends the deadline for the company to establish an "at-the-market" program with an aggregate offering price of at least $100 million.
Key Highlights
- New ERA Energy & Digital's subsidiary, Texas Critical Data Centers LLC, entered a Waiver and Consent Letter.
- The agreement was made with Macquarie Equipment Capital Inc. on July 17, 2026.
- Macquarie waived certain requirements under the Term Loan Agreement dated April 8, 2026.
- The deadline for establishing an "at-the-market" program of at least $100 million was extended.
- New deadline is 60 days from Macquarie's notice or 5 business days after the next periodic report.
Price Impact
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