Curated News
By: NewsRamp Editorial Staff
December 09, 2024
New Era Helium, Inc. Completes Business Combination, Announces Nasdaq Listing and Strategic Joint Venture
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- New Era Helium, Inc. closed a business combination with Roth CH V Holdings, Inc., enhancing its position in the helium and natural gas production sector.
- The company merged with a subsidiary of Holdings and will begin trading on Nasdaq under the ticker symbols “NEHC” and “NEHCW” on December 9, 2024.
- The company's joint venture with Sharon AI, Inc. to build a net-zero Tier 3 data center powered by sustainable energy will offset approximately 250,000 metric tons of CO2 annually.
- The Nasdaq listing for New Era Helium, Inc. marks a significant moment in its corporate journey, enhancing its public profile and reach to institutional investors.
Impact - Why it Matters
This news matters as it signifies a significant milestone for New Era Helium, Inc. in its mission to establish itself as a leading consolidator of helium and natural gas production. The Nasdaq listing will enhance the company's visibility and attract investors interested in energy infrastructure and sustainable innovation.
Summary
New Era Helium, Inc. has successfully completed a business combination with Roth CH V Holdings, Inc., resulting in a name change to 'New Era Helium, Inc.' and a new Nasdaq ticker symbol. The company also entered into a financing agreement and announced a joint venture with Sharon AI, Inc. to build a net-zero Tier 3 data center in the Permian Basin. The Nasdaq listing is expected to enhance the company's visibility and attract U.S. investors interested in energy infrastructure and sustainable innovation.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, New Era Helium, Inc. Completes Business Combination, Announces Nasdaq Listing and Strategic Joint Venture
