Nabors Energy Transition Corp. II Announces Extension of Its Outside Date
Nabors Energy Transition Corp. II (NASDAQ: NETD) said its board extended the company’s outside date from October 18, 2025 to November 18, 2025 to allow additional time to solicit shareholders for an extraordinary general meeting. An affiliate of the sponsor, Nabors Lux 2 S.a.r.l., deposited $250,000 into NETD’s trust account as a non-interest-bearing loan (the Extension Payment) to enable the Extension.
If NETD completes an initial business combination, the loan will be repaid from the Trust Account proceeds or, at the sponsor’s option, converted into warrants at $1.00 per warrant identical to the private placement warrants from NETD’s IPO; if no combination occurs, repayment will be from funds outside the Trust Account.
Nabors Energy Transition Corp. II (NASDAQ: NETD) ha esteso la data esterna della società da 18 ottobre 2025 a 18 novembre 2025 per offrire tempo aggiuntivo per sollecitare gli azionisti per un’assemblea generale straordinaria. Un affiliato dello sponsor, Nabors Lux 2 S.a.r.l., ha versato $250,000 nel conto trust di NETD come prestito non remunerato (il Pagamento di Estensione) per consentire l’estensione.
Se NETD dovesse completare una prima combinazione aziendale, il prestito sarà rimborsato dagli importi del Trust Account o, a scelta dello sponsor, convertito in warrants a $1.00 per warrant identici ai warrant della collocazione privata dell’IPO di NETD; se non dovesse verificarsi alcuna combinazione, il rimborso avverrà da fondi esterni al Trust Account.
Nabors Energy Transition Corp. II (NASDAQ: NETD) declaró que su junta directiva extendió la fecha externa desde 18 de octubre de 2025 hasta 18 de noviembre de 2025 para dar más tiempo a solicitar a los accionistas la realización de una junta general extraordinaria. Una afiliada del patrocinador, Nabors Lux 2 S.a.r.l., depositó $250,000 en la cuenta de fideicomiso de NETD como un préstamo sin intereses (la Pago de Extensión) para facilitar la extensión.
Si NETD completa una primera combinación de negocios, el préstamo se reembolsará con los ingresos de la Cuenta Fiduciaria o, a opción del patrocinador, se convertirá en warrants a $1.00 por warrant idénticos a los warrants de la colocación privada del IPO de NETD; si no ocurre ninguna combinación, el reembolso se realizará con fondos externos a la Cuenta Fiduciaria.
Nabors Energy Transition Corp. II (NASDAQ: NETD) 이사회가 주주를 대상으로 하는 특별 총회를 위해 회사의 외부 날짜를 2025년 10월 18일에서 2025년 11월 18일로 연장했다고 밝혔다. 스폰서의 계열사인 Nabors Lux 2 S.a.r.l.은 NETD의 트러스트 계좌에 이자 없는 대출( 연장 대금 )으로 $250,000를 예치해 연장을 가능하게 했다.
NETD가 초기 사업 결합을 완료하면 대출은 트러스트 계정 수익으로 상환되거나, 스폰서의 선택에 따라 NETD의 IPO의 비공개 배정 워런트와 동일한 워런트당 $1.00으로 워런트로 전환될 수 있다; 합병이 발생하지 않으면 상환은 트러스트 계정 외의 자금으로 이뤄질 것이다.
Nabors Energy Transition Corp. II (NASDAQ: NETD) a déclaré que le conseil d’administration avait prorogé la date externe de l’entreprise du 18 octobre 2025 au 18 novembre 2025 afin de laisser plus de temps pour solliciter les actionnaires en vue d’une assemblée générale extraordinaire. Une filiale du sponsor, Nabors Lux 2 S.a.r.l., a déposé $250,000 sur le compte de fiducie de NETD en tant que prêt sans intérêt (la Paiement de l’extension) pour permettre l’extension.
Si NETD parvient à une première combinaison d’affaires, le prêt sera remboursé à partir des produits du compte de fiducie ou, au choix du sponsor, converti en warrants à $1,00 par warrant identiques aux warrants d’options privées de l’IPO de NETD; si aucune combinaison ne se produit, le remboursement proviendra de fonds externes au compte de fiducie.
Nabors Energy Transition Corp. II (NASDAQ: NETD) gab bekannt, dass der Vorstand das außen Datum des Unternehmens von 18. Oktober 2025 auf 18. November 2025 verlängert hat, um mehr Zeit zu geben, die Aktionäre für eine außerordentliche Hauptversammlung zu gewinnen. Eine Tochtergesellschaft des Sponsors, Nabors Lux 2 S.a.r.l., hat $250,000 als zinsloses Darlehen (das Verlängerungszahlung) auf das Treuhandkonto von NETD eingezahlt, um die Verlängerung zu ermöglichen.
Wenn NETD eine erste Geschäftskombination abschließt, wird das Darlehen aus den Mitteln des Treuhandkontos zurückgezahlt oder, nach Wahl des Sponsors, in Warrants zu $1,00 pro Warrant umgewandelt, die identisch mit den Private-Placement-Warrants aus dem IPO von NETD sind; falls keine Kombination zustande kommt, erfolgt die Rückzahlung aus Mitteln außerhalb des Treuhandkontos.
Nabors Energy Transition Corp. II (NASDAQ: NETD) قالت أن مجلس إدارتها مدّد الموعد الخارجي للشركة من 18 أكتوبر 2025 إلى 18 نوفمبر 2025 لإتاحة وقت إضافي لاستدعاء المساهمين لاجتماع عام استثنائي. أفللت Sponsor Nabors Lux 2 S.a.r.l. إحدى الشركات التابعة للمُموِّل أودعت $250,000 في حساب الثقة الخاص بـ NETD كقرض بدون فائدة (الـ دفع التمديد) لتمكين التمديد.
إذا أكملت NETD اندماج عمل أولي، فسيتم سداد القرض من عوائد حساب الثقة أو، وفقاً لاختيار الراعي، تحويله إلى أدوات warrants بسعر $1.00 للسند الواحد مطابق لمواصفات warrants الخاصة بطرح NETD الأولي؛ إذا لم يحدث أي اندماج، فسيتم السداد من أموال خارج حساب الثقة.
Nabors Energy Transition Corp. II (NASDAQ: NETD) 表示其董事会将公司的外部日期从2025年10月18日延长至2025年11月18日，以便有更多时间招揽股东参加一次非常股东大会。赞助方的一个关联公司 Nabors Lux 2 S.a.r.l. 以无息贷款形式向 NETD 的信托账户注入了$250,000（延期付款）以便实现延期。
如果 NETD 完成首次商业组合，该贷款将从信托账户收益中偿还，或由赞助方选择，将其按照与 NETD 首次公开发行中的私募认股权证相同的价格转换为认股权证，价格为$1.00/张认股权证；若未发生任何组合，偿还是来自信托账户以外的资金。
- Outside date extended to Nov 18, 2025
- Sponsor deposited $250,000 enabling the Extension
- Loan convertible into $1.00 warrants if a deal closes
- Extension funded by a $250,000 sponsor loan, creating repayment obligation
- Loan conversion to warrants could dilute public shareholders if exercised
- If no deal occurs, loan repaid only from funds outside the Trust Account
In connection with the Extension, Nabors Lux 2 S.a.r.l. ("Nabors Lux"), an affiliate of Nabors Energy Transition Sponsor II LLC (the "Sponsor"), has deposited
About Nabors Energy Transition Corp. II
NETD is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. The Company focused its search for a target business on companies that identify solutions, opportunities, companies or technologies that focus on advancing the energy transition; specifically, ones that facilitate, improve or complement the reduction of carbon or greenhouse gas emissions while satisfying growing energy consumption across markets globally.
Important Information for Shareholders
This communication does not constitute a solicitation of any vote or approval.
In connection with the EGM, the Company has filed with the Securities and Exchange Commission (the "SEC") a preliminary proxy statement. A definitive proxy statement will be mailed to the shareholders of the Company. SHAREHOLDERS OF THE COMPANY ARE URGED TO READ THE PROXY STATEMENT (INCLUDING ALL AMENDMENTS AND SUPPLEMENTS THERETO) THAT WILL BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE. Shareholders are able to obtain free copies of the proxy statement and other documents containing important information about the Company once such documents are filed with the SEC, through the website maintained by the SEC at http://www.sec.gov.
Participants in the Solicitation
NETD and Nabors Industries Ltd. and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from the shareholders of NETD in connection with the EGM. Information about the directors and executive officers of NETD is set forth in NETD's Annual Report on Form 10-K/A for the year ended December 31, 2024, filed with the SEC on April 2, 2025. To the extent that holdings of NETD's securities have changed since the amounts printed in NETD's Annual Report on Form 10-K/A for the year ended December 31, 2024, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC. Other information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, is contained in the proxy statement and other relevant materials to be filed with the SEC when they become available. You may obtain free copies of these documents as described in the preceding paragraph.
Forward-Looking Statements
This press release contains statements that constitute "forward-looking statements." Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's Annual Report on Form 10-K/A filed with the SEC on April 2, 2025, subsequently filed Quarterly Reports on Form 10-Q and the Company's preliminary proxy statement filed with the SEC on October 16, 2025. Copies are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Investor Relations Contact
William C. Conroy, CFA
+1 281-775-2423
william.conroy@nabors-etcorp.com
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SOURCE Nabors Energy Transition Corp. II
FAQ
What change did Nabors Energy Transition Corp. II (NETD) announce on October 17, 2025?
How much did the sponsor affiliate deposit to enable NETD’s extension?
Will the $250,000 extension loan be repaid if NETD completes a business combination?
What happens to the sponsor loan if NETD does not consummate a business combination?
How long is the NETD outside date extension effective for shareholders?
Could the sponsor’s loan conversion affect NETD shareholders?
