Nabors Energy Transition Corp. II has announced an extension of the deadline to complete its business combination with e2Companies LLC.
The company's board of directors decided to extend the deadline by one month, from August 18, 2025, to September 18, 2025.
This extension provides NETD with additional time to finalize the initial business combination.
Deadline Extension
The deadline for the business combination has been pushed to September 18, 2025, allowing more time for the process.
Extension Payment
Nabors Lux deposited $250,000 into NETD's trust account to enable the extension, facilitating the completion of the business combination.
Purpose of NETD
NETD is a blank check company focused on identifying and merging with businesses that advance the energy transition and reduce carbon emissions globally.
- The extension of the deadline provides NETD with flexibility and additional time to ensure the successful completion of the business combination.
- The involvement of Nabors Lux in depositing the Extension Payment showcases commitment from affiliated entities, indicating support for NETD's strategic decisions.
The extension of the deadline reflects NETD's dedication to completing a successful business combination and advancing its mission in the energy transition sector.