Roth CH Acquisition V Announces Registration Statement Effective for Merger with New Era Helium Corp

Roth CH Acquisition V Co. (ROCL), a publicly traded special purpose acquisition company (SPAC), recently announced that the U.S. Securities and Exchange Commission (SEC) has declared the registration statement on Form S-4 effective. This statement, filed by ROCL’s wholly owned subsidiary, Roth CH V Holdings, Inc., is a key step in the company’s proposed business combination with New Era Helium Corp. (NEH). New Era Helium is an exploration and production company that specializes in extracting helium from natural gas reserves located in North America, an area that has become increasingly important for helium production due to its rich supply of this rare gas.

The effectiveness of the registration statement is a significant milestone in the merger process, and the related proxy statement/prospectus was first mailed to ROCL stockholders around November 6, 2024. This document provides essential details regarding the proposed business combination and outlines how the merger will be structured. ROCL’s stockholders are scheduled to vote on the merger during a special meeting set for November 26, 2024. If approved, the transaction will advance New Era Helium’s goal of becoming a publicly traded leader in the helium exploration and production industry.

E. Will Gray II, Chief Executive Officer of New Era Helium, expressed his satisfaction with the progress, stating, “We are pleased the SEC has declared effective the registration statement and that the proxy statement has been mailed, marking a significant milestone in our proposed business combination. This development brings us closer to realizing our vision of becoming a publicly traded, leading helium exploration and production company in North America.” Gray emphasized the importance of the merger in accelerating NEH’s position in the North American helium market, which has seen rising demand due to helium's critical role in various industries, including aerospace, medical, and electronics.

As part of its efforts to keep investors and stakeholders updated, an updated investor presentation is expected to be filed with the SEC on November 12, 2024. The presentation will provide further insights into the merger and the strategic benefits of the business combination. It will be made available on both Roth CH Acquisition V’s website and New Era Helium’s website, offering shareholders and potential investors a comprehensive view of the company’s future prospects post-merger.

This merger is part of a broader trend in the energy and natural resources sector where companies are seeking new avenues for growth through public market access. By combining with Roth CH Acquisition V Co., New Era Helium hopes to capitalize on its expertise in helium exploration and production, while leveraging the resources and support of a publicly traded company to expand its operations and market reach. The approval and completion of the merger will position New Era Helium for substantial growth and increased visibility in the rapidly evolving helium industry.