Nabors Energy Transition Corp. II has extended the deadline to consummate a business combination with e2Companies LLC by one month.
Nabors Lux deposited $250,000 into the Trust Account to enable the extension.
The extension allows NETD additional time to complete the initial business combination.
Extension of Deadline
The board of directors extended the deadline for the business combination by one month.
Extension Payment
Nabors Lux deposited $250,000 for the extension into the Trust Account.
Purpose of Extension
The extension provides NETD with additional time to finalize the business combination with e2.
- The extension offers NETD flexibility in completing the business combination.
- The deposit into the Trust Account demonstrates Nabors Lux's commitment to the transaction.
The extension of the deadline provides NETD with more time to secure the business combination, indicating a strategic move towards completing the transaction successfully.