Core Viewpoint - Nabors Energy Transition Corp. II has extended the deadline for completing its business combination with e2Companies LLC by one month, from July 18, 2025, to August 18, 2025, allowing more time to finalize the deal [1][2]. Group 1: Business Combination Details - The extension was facilitated by a $250,000 deposit made by Nabors Lux into NETD's trust account, which is a non-interest-bearing loan [2]. - If the business combination is successful, the loan will be repaid from the Trust Account proceeds or converted into warrants at $1.00 per warrant [2]. - If the business combination does not occur, the loan will only be repaid from funds outside the Trust Account [2]. Group 2: Company Overview - Nabors Energy Transition Corp. II is a blank check company aimed at merging or acquiring businesses that focus on energy transition solutions, particularly those that reduce carbon or greenhouse gas emissions while meeting global energy demands [3]. Group 3: Regulatory Filings - NETD and e2 will file a Registration Statement with the SEC, which will include a preliminary prospectus and proxy statement related to the business combination [5]. - Shareholders are encouraged to read the Registration Statement and related documents once available, as they will contain important information about the transactions [5][6].
Nabors Energy Transition Corp. II Announces Extension of Deadline to Complete Business Combination