Nabors Energy Transition Corp. II has announced an extension of the deadline to complete its business combination with e2Companies LLC.
The extension provides NETD with one additional month, moving the deadline from August 18, 2025, to September 18, 2025.
Nabors Lux provided a $250,000 extension payment to enable the extension, which will be repaid from proceeds of the trust account upon completion of the combination.
Deadline Extension
The board of directors decided to extend the business combination deadline by one month.
Extension Payment
Nabors Lux provided $250,000 to allow the deadline extension.
Repayment Plan
The loan for the extension will be repaid from the trust account if the initial business combination is completed.
- The extension provides NETD with additional time to ensure a successful business combination with e2.
- Nabors Lux's financial support highlights the commitment to completing the merger.
- Investors will have more time to analyze the potential benefits of the combined entity before the new deadline.
The deadline extension offers NETD the opportunity to finalize the business combination with e2 and further advance their focus on energy transition solutions.