Nabors Energy Transition Corp. II has extended the deadline for its business combination with e2Companies LLC by one month.
An affiliate of Nabors Energy Transition Sponsor II LLC deposited $250,000 into the Trust Account to enable the extension.
The Company is focused on finding target businesses that advance the energy transition and reduce carbon emissions.
Extension of Deadline
The deadline for the business combination has been extended from August 18, 2025, to September 18, 2025.
Extension Payment
Nabors Lux deposited $250,000 as the Extension Payment into NETD's Trust Account for shareholders.
Purpose of NETD
NETD is a blank check company seeking to merge with businesses advancing the energy transition and reducing carbon emissions.
- The extension provides NETD with additional time to finalize the business combination with e2, showing commitment to the deal.
- The deposit into the Trust Account demonstrates financial support for the extension, boosting shareholder confidence.
The announcement of the deadline extension signifies the Company's dedication to completing the business combination and advancing the energy transition goals.