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The latest update is out from Nabors Energy Transition Corp. II Class A ( (NETD) ).
On July 16, 2025, Nabors Energy Transition Corp. II held an Extraordinary General Meeting where shareholders approved an extension of the deadline to complete its initial business combination with e2Companies LLC. This extension allows the company to extend the deadline up to twelve times, each for an additional month, until July 18, 2026. The extension provides the company with more time to finalize its business combination, which is crucial for its strategic goals in the energy transition sector. The approval also resulted in a significant redemption of shares, with approximately $185.9 million being withdrawn from the trust account.
More about Nabors Energy Transition Corp. II Class A
Nabors Energy Transition Corp. II is a blank check company focused on facilitating mergers or business combinations with entities that advance the energy transition. The company targets businesses that contribute to reducing carbon or greenhouse gas emissions while meeting global energy demands.
Average Trading Volume: 231,916
Technical Sentiment Signal: Buy
Current Market Cap: $426.2M
For an in-depth examination of NETD stock, go to TipRanks’ Overview page.