<span item_type="fundamental" item_id="4bf36d87dc7d2d405d75dfd9b0738a1e" counter_id="ST/US/NETDW" env="prod"></span><span item_type="announcement" item_id="549367266325438337" env="prod"></span><p>EPS: As of FY2025 Q2, the actual value is USD 0.06.</p><p></p><h3>Segment Revenue</h3><ul><li>The company did not generate any operating revenues prior to the completion of the Business Combination.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1975218/000141057825001792/netd-20250630x10q.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li><strong>Net Income</strong>: For the three months ended June 30, 2025, net income was $2,352,808, compared to $3,572,019 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/1975218/000141057825001792/netd-20250630x10q.htm"></span></li><li><strong>General and Administrative Expenses</strong>: For the three months ended June 30, 2025, these expenses were $1,061,372, compared to $259,995 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/1975218/000141057825001792/netd-20250630x10q.htm"></span></li><li><strong>Interest Earned</strong>: Interest earned on marketable securities held in the Trust Account was $3,414,180 for the three months ended June 30, 2025, compared to $3,832,014 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/1975218/000141057825001792/netd-20250630x10q.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Net Cash Used in Operating Activities</strong>: For the six months ended June 30, 2025, net cash used in operating activities was $421,342, compared to $202,415 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/1975218/000141057825001792/netd-20250630x10q.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>Class A Ordinary Shares Subject to Possible Redemption</strong>: As of June 30, 2025, the Class A ordinary shares subject to possible redemption were valued at $338,525,756.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1975218/000141057825001792/netd-20250630x10q.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 August 18, 2025, to avoid liquidation and continue operations.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1975218/000141057825001792/netd-20250630x10q.htm"></span></li><li><strong>Non-Core Business</strong>: The company has entered into a Business Combination Agreement with e2, with the merger expected to result in e2 becoming a wholly owned subsidiary of the company, renamed as e2Companies, Inc.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1975218/000141057825001792/netd-20250630x10q.htm"></span></li><li><strong>Priority</strong>: The company has extended the date to consummate an initial Business Combination to August 18, 2025, with the possibility of further extensions, and has secured additional funding to support this extension.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1975218/000141057825001792/netd-20250630x10q.htm"></span></li></ul>

NABORS ENERGY TRANSITION CORP II C/WTS 01/09/2028 (TO PUR ORD) | 10-Q: FY2025 Q2 EPS: USD 0.06