Nabors Energy Transition II Gets Shareholder Approval for Deadline Extension to Complete Merger

MT Newswires Live
17 Jul

Nabors Energy Transition II (NETD) said Wednesday its shareholders have approved an extension of the date by which it has to consummate its planned merger with e2Companies.

The move allows the company's board to extend the date up to 12 times from July 18, for an additional one month each time to July 18, 2026, by depositing $250,000 for each monthly extension into the company's trust account for its public shareholders, the blank check firm said.

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