HOUSTON, Oct. 17, 2025/ PRNewswire/– Nabors Energy Shift Corp. II (NASDAQ: NETD) (” NETD” or the “Business”) revealed that its board of directors has actually chosen to extend the Business’s outdoors date from October 18, 2025 to November 18, 2025 (the “Extension”), as allowed under NETD’s 2nd modified and reiterated memorandum and posts of association, to supply time to obtain investors for its upcoming amazing basic conference (the “EGM”).
In connection with the Extension, Nabors Lux 2 S.a.r.l. (“ Nabors Lux“), an affiliate of Nabors Energy Shift Sponsor II LLC (the “Sponsor”), has actually transferred $ 250,000 (the “Extension Payment”) into NETD’s trust represent its public investors (the “Trust Account”), which allows NETD to effectuate the Extension. Nabors Lux lent the Extension Payment to NETD through a non-interest-bearing loan. If NETD consummates a preliminary service mix, it will pay back the loan out of the earnings of the Trust Account or, at the choice of the Sponsor, transform all or a part of the loan into warrants for $ 1.00 per warrant, which warrants will correspond the warrants provided by NETD in a personal positioning in connection with NETD’s going public. If NETD does not skilled a preliminary service mix, it will pay back the loan just from funds held beyond the Trust Account.
About Nabors Energy Shift Corp. II
NETD is a blank check business formed for the function of effecting a merger, amalgamation, share exchange, property acquisition, share purchase, reorganization or comparable service mix with several organizations or entities. The Business focused its look for a target service on business that recognize services, chances, business or innovations that concentrate on advancing the energy shift; particularly, ones that assist in, enhance or match the decrease of carbon or greenhouse gas emissions while pleasing growing energy intake throughout markets worldwide.
Essential Info for Investors
This interaction does not make up a solicitation of any vote or approval.
In connection with the EGM, the Business has actually submitted with the Securities and Exchange Commission (the “SEC”) an initial proxy declaration. A conclusive proxy declaration will be sent by mail to the investors of the Business. INVESTORS OF THE BUSINESS ARE PROMPTED TO READ THE PROXY DECLARATION (CONSISTING OF ALL MODIFICATIONS AND SUPPLEMENTS THERETO) THAT WILL BE SUBMITTED WITH THE SEC CAREFULLY AND IN THEIR TOTALITY WHEN THEY APPEAR. Investors have the ability to get complimentary copies of the proxy declaration and other files including crucial details about the Business as soon as such files are submitted with the SEC, through the site kept by the SEC at http://www.sec.gov.
Individuals in the Solicitation
NETD and Nabors Industries Ltd. and their particular directors and executive officers might be considered to be individuals in the solicitation of proxies from the investors of NETD in connection with the EGM. Info about the directors and executive officers of NETD is stated in NETD’s Yearly Report on Kind 10-K/A for the year ended December 31, 2024, submitted with the SEC on April 2, 2025 To the degree that holdings of NETD’s securities have actually altered given that the quantities printed in NETD’s Yearly Report on Kind 10-K/A for the year ended December 31, 2024, such modifications have actually been or will be assessed Declarations of Modification in Ownership on Kind 4 submitted with the SEC. Other details concerning the individuals in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, is consisted of in the proxy declaration and other appropriate products to be submitted with the SEC when they appear. You might get complimentary copies of these files as explained in the preceding paragraph.
Positive Declarations
This news release includes declarations that make up “positive declarations.” Positive declarations undergo various conditions, a number of which are beyond the control of the Business, consisting of those stated in the Danger Elements area of the Business’s Yearly Report on Kind 10-K/A submitted with the SEC on April 2, 2025, consequently submitted Quarterly Reports on Kind 10-Q and the Business’s initial proxy declaration submitted with the SEC on October 16, 2025 Copies are offered on the SEC’s site, www.sec.gov. The Business carries out no responsibility to upgrade these declarations for modifications or modifications after the date of this release, other than as needed by law.
Financier Relations Contact
William C. Conroy, CFA
+1 281-775-2423
william.conroy@nabors-etcorp.com
SOURCE Nabors Energy Shift Corp.
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