Sichenzia Ross Ference Carmel LLP Represents New Era Helium in De-SPAC Transaction, Nasdaq Listing and up to $85 Million in Financing

New York, NY – December 9, 2024 – Sichenzia Ross Ference Carmel LLP announced that it represented New Era Helium, Inc. (“New Era Helium” or the “Company”) in a de-SPAC transaction with Roth CH V Holdings, Inc. and Roth CH Acquisition V. Co. and up to $85 million in financing.  The Company began trading on the Nasdaq Under Symbol “NEHC.”

On December 6, 2024, NEH, Roth CH Acquisition V. Co., and ATW Partners Opportunities Management, LLC (“ATW”) entered into a series of financing transactions including an equity purchase agreement for $75 million, an advance of $10 million in senior secured notes of which $7 million was advanced at closing and up to an additional $3 million will be advanced subject to the satisfaction of certain conditions, and the issuance of warrants to purchase up to an additional $30 million in common stock.

The SRFC team congratulates New Era Helium CEO Will Gray and the rest of the Company on the transaction.

Roth Capital Partners and Craig-Hallum Capital Group acted as financial advisors for the transaction.

The SRFC team was led by partners Ross Carmel, Thiago Spercel and associate Lony Leung.