If the news was that bad, a whole heck of a lot more shares would be selling in the after-hours. Volume was over 82 MILLION in regular trading. After hours, about a HALF million. NEWL needs/wants compliance with NASDAQ, it's going higher tomorrow.
I don't think it affects this run, as it's caused by big money, either caused by the new financiers or allowed with their consent. They know the coal mines don't matter. The business of NEWL is selling stock. Big money loaded up below 10 cents, and now wants to sell high.