Nabors Energy Transition II(NETD.US)

Nabors Energy Transition Announces Share Redemption Post-Vote

Nabors Energy Transition Corp. II announced the redemption of all outstanding Class A shares effective December 3, 2025, following a failed shareholder vote to amend company agreements. This will lead to delisting from Nasdaq, but the company will not liquidate immediately.

Nabors Energy Transition Corp. II Held Extraordinary General Meeting

Nabors Energy Transition Corp. II held an extraordinary general meeting on November 14, 2025, where proposals to extend the company's outside date and amend the trust agreement were presented. Both proposals failed to receive sufficient shareholder approval. This information was originally published by Nabors Energy Transition Corp. II via PR Newswire.

Nabors Energy Transition Corp. II SEC 10-Q Report

Nabors Energy Transition Corp. II (NETD) released its Q3 2025 10-Q report, showing a net loss of $2.29 million, down from a $3.97 million net income in Q3 2024, due to increased expenses. For the nine months ended September 2025, net income was $0.94 million, a decline from $11.34 million in 2024. The company is focused on business combinations, with a terminated agreement with e2Companies, LLC, and a Trust Account holding $154 million. The deadline for a business combination is extended to November 18, 2025, with management exploring capital raising options.

Nabors Energy Transition II | 10-Q: FY2025 Q3 Revenue: USD 0

Nabors Energy Transition Corp. II Announces Extension of Its Outside Date | NETD Stock News

Nabors Energy Transition Corp. II (NETD) has extended its outside date from October 18, 2025, to November 18, 2025, to allow time for shareholder solicitation for an upcoming extraordinary general meeting. An affiliate, Nabors Lux, has deposited $250,000 into NETD's trust account to facilitate this extension. If NETD completes a business combination, the loan will be repaid from the trust account or converted into warrants. Shareholders are encouraged to read the forthcoming proxy statement related to the EGM carefully.