Nabors Energy Transition Corp. II (NETD) has announced an extension of the deadline for completing a business combination.
The extension provides NETD with additional time to finalize the initial business combination with e2Companies LLC.
In connection with the extension, Nabors Lux S.a.r.l. has deposited $250,000 into NETD's trust account.
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.
Business Focus
NETD is a blank check company focused on advancing the energy transition and reducing carbon emissions.
- The extension provides NETD with flexibility to ensure a successful business combination.
- Investors should monitor further filings and updates related to the extension period.
The extension of the business combination deadline offers NETD the opportunity to carefully finalize the deal with e2Companies LLC, aligning with its energy transition goals.