Nabors Energy Transition Corp. II announced a one-month extension of the deadline for completing its business combination.
The extension provides additional time for the initial business combination with e2Companies LLC.
An affiliate of the Sponsor deposited $250,000 into the Trust Account to enable the extension.
Deadline Extension
The deadline for the business combination extended by one month to September 18, 2025.
Extension Payment
Nabors Lux deposited $250,000 as the Extension Payment into the Trust Account.
Purpose of Extension
To finalize the initial business combination with e2Companies LLC focused on energy transition solutions.
- The extension allows NETD more time to complete due diligence and negotiations for a successful business combination.
- Investors have additional time to evaluate the future prospects of the combined entity with e2Companies LLC.
The extension of the deadline signifies the commitment of Nabors Energy Transition Corp. II to ensure a well-thought-out business combination that aligns with its focus on advancing the energy transition.