Nabors Energy Transition Corp. II (NETD) has extended the deadline for its business combination with e2Companies LLC.
The extension provides NETD with additional time to finalize the merger.
Nabors Lux, an affiliate of Nabors Energy Transition Sponsor II LLC, has deposited $250,000 into NETD's trust account for the extension.
Deadline Extension
NETD extended the date for the business combination by one month to September 18, 2025.
Extension Payment
Nabors Lux deposited $250,000 into NETD's trust account to facilitate the extension.
Purpose of NETD
NETD is a blank check company focusing on energy transition businesses.
- The extension allows NETD to address any pending issues and secure necessary approvals.
- Nabors Lux's financial support demonstrates commitment to the business combination.
The extension underscores NETD's dedication to completing the business combination successfully, ensuring a thorough due diligence process.