Nabors Energy Transition Corp. II announced an extension of the deadline to complete its business combination with e2Companies LLC.
The board of directors elected to extend the date by one additional month, from August 18, 2025, to September 18, 2025.
An affiliate of Nabors Energy Transition Sponsor II LLC deposited $250,000 into NETD's trust account to enable the extension.
Deadline Extension
The deadline for the business combination has been extended by one month.
Extension Payment
Nabors Lux deposited $250,000 into the trust account to support the extension.
Loan Repayment
If the business combination is completed, the loan will be repaid from the proceeds of the Trust Account.
Purpose of NETD
NETD is focused on advancing the energy transition and reducing carbon emissions globally.
- The extension provides NETD with additional time to finalize the business combination.
- The deposit into the trust account ensures that the extension can be enacted smoothly.
The extension of the deadline allows Nabors Energy Transition Corp. II to continue working towards its business combination with e2Companies LLC, maintaining its commitment to advancing the energy transition.