<span item_type="fundamental" item_id="fa22b6a032719fa93144c1469b5ccf6e" counter_id="ST/US/NETDW" env="prod"></span><span item_type="announcement" item_id="516029627928813441" env="prod"></span><p>EPS: As of FY2025 Q1, the actual value is USD 0.02.</p><p></p><h3>Segment Revenue</h3><ul><li>The company has not yet commenced operations and will not generate any operating revenues prior to the completion of the Business Combination. The company generates non-operating income in the form of interest income on permitted investments and cash from the proceeds derived from the Initial Public Offering.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1975218/000141057825001251/netd-20250331x10q.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li><strong>Net Income</strong>: For the three months ended March 31, 2025, net income was $876,496, compared to $3,796,892 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1975218/000141057825001251/netd-20250331x10q.htm"></span></li><li><strong>General and Administrative Expenses</strong>: For the three months ended March 31, 2025, general and administrative expenses were $2,453,950, compared to $265,478 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1975218/000141057825001251/netd-20250331x10q.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Net Cash Used in Operating Activities</strong>: For the three months ended March 31, 2025, net cash used in operating activities was - $139,870, compared to - $48,560 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1975218/000141057825001251/netd-20250331x10q.htm"></span></li><li><strong>Cash and Marketable Securities Held in Trust Account</strong>: As of March 31, 2025, the balance was $335,111,576, compared to $331,781,130 as of December 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1975218/000141057825001251/netd-20250331x10q.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>Interest Earned on Cash and Marketable Securities Held in Trust Account</strong>: For the three months ended March 31, 2025, interest earned was $3,330,446, compared to $4,062,370 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1975218/000141057825001251/netd-20250331x10q.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: The company plans to consummate an Initial Business Combination prior to the mandatory liquidation date of July 18, 2025. The company has entered into a Business Combination Agreement with e2, which is subject to shareholder approval and other customary closing conditions.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1975218/000141057825001251/netd-20250331x10q.htm"></span></li><li><strong>Non-Core Business</strong>: The company has not outlined specific plans related to non-core business areas in the provided reference.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1975218/000141057825001251/netd-20250331x10q.htm"></span></li></ul>

NABORS ENERGY TRANSITION CORP II C/WTS 01/09/2028 (TO PUR ORD) | 10-Q: FY2025 Q1 EPS: USD 0.02