New Era Energy & Digital issued the following statement in response to a December 11 report by Fuzzy Panda Research an anonymous short seller activist group that has attempted to realize gains if the share price of New Era declines. The company believes the claims made by Fuzzy Panda are factually inaccurate and an attempt to mislead investors about New Era's actual operations, financial position and status of the company's various projects. The company urges investors to rely on its SEC filings and formal disclosures. E. Will Gray II, CEO of New Era Energy & Digital, commented: "We are a shareholder focused company and have kept investors updated with our project status via multiple channels. We take false claims against our company seriously and especially when it is to mislead and manipulate the market. We have had no interaction with Fuzzy Panda. Management and our board remain steadfast in developing and moving our project forward with several key announcements to come in the coming weeks."
New Era Energy & Digital, Inc., formerly New Era Helium, Inc., is a platform delivering integrated solutions across energy, power, and digital infrastructure. The Company controls over 137,000 acres in Southeastern New Mexico with helium and natural gas reserves. Through its joint venture, Texas Critical Data Centers (TCDC, www.texascriticaldatacenters.com), it is advancing a scalable, up to one gigawatt (GW) artificial intelligence (AI) and high-performance computing (HPC) campus to meet demand for compute capacity and energy-efficient infrastructure. It delivers turnkey solutions that enable hyperscale, enterprise, and edge operators to accelerate data center deployment. TCDC’s flagship project is a 250-megawatt data center campus in Ector County, Texas, purpose-built to meet demand for AI and cloud GPU workloads. The site features advanced natural gas power generation, liquid cooling systems, and the potential for carbon capture integration, delivering scalable compute capacity.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.