Nabors Energy Transition Corp. II announced an extension of the deadline to complete its business combination by one month.
The extension provides more time for the company to finalize the initial business combination with e2Companies LLC.
An affiliate of Nabors Energy Transition Sponsor II LLC deposited $250,000 into NETD's trust account to enable the extension.
Deadline Extension
The deadline for the business combination extended by one additional month.
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 advancing the energy transition and reducing carbon emissions.
- The extension allows NETD more time to secure the business combination with e2, enhancing the completion prospects.
- The deposit into the trust account ensures the financial backing for extending the deadline.
The extension of the deadline offers NETD the opportunity to finalize its business combination with e2Companies LLC and align with its goal of advancing the energy transition.