New Era Energy & Digital (NASDAQ:NUAI) shares rose nearly 4% in premarket trading after a bankruptcy court approved its settlement with the trustee overseeing the Acacia Resources and Acacia Operating Company bankruptcy estates, resolving all trustee-controlled claims tied to a lawsuit filed by the State of New Mexico.
The Trustee filed a motion in May 2026 seeking court approval of the settlement with New Era and related parties named in the case.
The court granted that motion on July 9, making the settlement final.
The settlement does not constitute an admission of liability or wrongdoing, and the New Era defendants expressly deny liability.
Under the terms of the agreement, the New Era defendants will pay a total of $1 million, with $350,000 going to the State of New Mexico and $650,000 going to the Trustee on behalf of the Acacia Resources bankruptcy estate.
Once the payment is received, the Trustee will release the New Era defendants from the trustee-controlled claims and take the steps needed to dismiss those claims with prejudice.