Nabors Energy Transition Corp. II has announced an extension of the deadline to complete its business combination with e2Companies LLC.
The deadline has been extended by one month, from August 18, 2025, to September 18, 2025.
The extension provides NETD with additional time to finalize the initial business combination.
Deadline Extension
The board of directors elected to extend the business combination deadline by one month.
Extension Payment
Nabors Lux deposited $250,000 into NETD's trust account to enable the extension.
Purpose of NETD
NETD is a blank check company formed for effecting mergers or acquisitions, focusing on advancing energy transition solutions.
- The extension allows NETD more time to secure the business combination with e2, indicating ongoing commitment to the merger.
- Nabors Lux's financial support highlights confidence in the potential success of the business combination.
With the deadline extension and additional financial support, NETD is moving closer to finalizing its business combination with e2, emphasizing its dedication to advancing in the energy transition sector.