Nabors Energy Transition SEC Filings

Nabors Energy Transition Corp. II (NETDW) filed an 8-K reporting several material items dated August 15, 2025. The filing references a Promissory Note issued to Nabors Lux, a related press release, and the inclusion of interactive XBRL data. The cover information also describes the company's public securities structure: Units (one Class A ordinary share plus one-half of one warrant), Class A ordinary shares, and warrants exercisable for one Class A ordinary share at $11.50. The filing lists Item 1.01 (material definitive agreement), Item 2.03 (creation of a direct financial obligation), Item 3.02 (unregistered sales of equity securities), Item 8.01 (other events), and Item 9.01 (financial statements and exhibits).

Nabors Energy Transition Corp. II (NETDW) reported a balance sheet dominated by its Trust Account, holding $338.5 million at June 30, 2025, representing the redemption value of 30,500,000 Class A shares at $11.10 per share. The company recorded positive net income of $2.35 million for the quarter and $3.23 million for the six months ended June 30, 2025, driven primarily by $6.74 million of interest earned on marketable securities in the Trust Account offsetting operating expenses.

Operating liquidity outside the Trust is limited: $1.18 million in cash and $801,643 of working capital. Significant non-current liabilities include $3.05 million of overfunding convertible notes (related party) and $6.65 million of deferred legal fees. The Board obtained shareholder approval to adopt a Monthly Extension Option and exercised an extension to August 18, 2025, supported by a $250,000 deposit to the Trust Account. Management discloses substantial doubt about going concern if an initial Business Combination is not completed by the mandatory liquidation date. All amounts and events are presented as stated in the filing.

W.R. Berkley Corporation and Berkley Insurance Company report beneficial ownership of 1,542,099 Class A Ordinary Shares of Nabors Energy Transition Corp. II, representing 5.1% of the Class A shares outstanding based on the issuer's proxy statement showing 30,500,000 Class A shares outstanding. The position is reported on a Schedule 13G and reflects shared voting power and shared dispositive power of 1,542,099 shares, with no sole voting or dispositive power. The filing includes a certification that the securities were acquired and are held in the ordinary course of business and were not acquired to change or influence control.

Nabors Energy Transition Corp. II (NASDAQ: NETD/NETDU/NETDW) filed Definitive Additional Proxy Materials (DEFA14A) and an accompanying 8-K to inform shareholders of administrative changes related to its pending business-combination process with e2Companies LLC.

• Extraordinary General Meeting postponed from 10 July 2025 to 16 July 2025 (10:00 a.m. CT, virtual & in-person).
• Redemption deadline extended to 4:00 p.m. CT on 14 July 2025, giving Class A shareholders two extra business days to redeem or withdraw redemption requests.
• The meeting will vote on a charter amendment allowing the Board to extend the SPAC deadline up to 12×1-month increments—pushing the outside date from 18 Jul 2025 to 18 Jul 2026—to complete its business combination.
• The filing reiterates that NETD and e2Companies are preparing an S-4 registration statement containing the joint proxy/prospectus for the combination agreed on 11 Feb 2025.

No new financial figures were disclosed; the notice is procedural, aiming to secure sufficient votes and manage potential redemptions ahead of the contemplated merger.