Nabors Energy Transition Corp. II (NETD) has extended the deadline to complete its business combination by one additional month.
The extension provides NETD with more time to finalize the business combination with e2Companies LLC.
Nabors Lux, an affiliate of Nabors Energy Transition Sponsor II LLC, has deposited $250,000 into NETD's trust account to enable this extension.
Extension of Deadline
The deadline for the business combination has been extended by one month, from August 18 to September 18, 2025.
Extension Payment
Nabors Lux provided $250,000 as the Extension Payment to facilitate the extension and repayment through warrants or outside funds.
Focus on Energy Transition
NETD focuses on identifying solutions that help advance the energy transition by reducing carbon or greenhouse gas emissions globally.
- The extension provides NETD with flexibility and additional time to ensure a successful business combination.
- The deposit of $250,000 by Nabors Lux demonstrates commitment to completing the transaction and supporting NETD's operations.
With the deadline extension and financial support, Nabors Energy Transition Corp. II is well-positioned to complete its business combination with e2Companies LLC, furthering its mission in the energy transition sector.