---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-100806"
form_type: "8-K"
ticker: null
cik: "0001854458"
company_name: "Nabors Energy Transition Corp."
filed_at: "2023-09-14T23:59:59+00:00"
generated_at: "2026-06-10T17:54:04.266588+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# NETC extends business combination deadline to Oct 18, receives $295.5K loan from affiliate

## Summary
- Deadline extended from Sep 18 to Oct 18, 2023 to allow more time to close Vast Solar deal.
- Sponsor affiliate Nabors Lux deposited $295,519.23 into trust account via non-interest-bearing loan.
- Loan repayable from trust proceeds upon deal close or convertible to warrants at $1.00 each.
- If no deal, repayment only from funds outside trust account.
- Proposed business combination with Vast Solar Pty Ltd remains pending.

## SEC filing metadata
- accession: 0001104659-23-100806
- form_type: 8-K
- cik: 0001854458
- company_name: Nabors Energy Transition Corp.
- filed_at: 2023-09-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1854458/000110465923100806/0001104659-23-100806-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854458/000110465923100806/tm2323740d4_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-100806
- JSON: https://secwatch.observer/filing/0001104659-23-100806.json
- Plain text: https://secwatch.observer/filing/0001104659-23-100806.txt

## Key facts
- Debt Financings
  Nabors Energy Transition Corp. incurred loan of $295,519.23 with Nabors Lux 2 S.a.r.l. at no interest maturing upon the earlier to occur of (i) the date on which the Company consummates its initial business combination and (ii) the liquidation of the Company on or before.
  - Instrument: loan
  - Principal: $295,519.23
  - Counterparty: Nabors Lux 2 S.a.r.l.
  - Rate: no interest
  - Maturity: upon the earlier to occur of (i) the date on which the Company consummates its initial business combination and (ii) the liquidation of the Company on or before
  - Event: incurrence
  source text: On September 14, 2023, the Company issued an unsecured promissory note (the “Note”) to Nabors Lux 2 S.a.r.l., a private limited liability company (société à responsabilité limitée) incorporated in the Grand Duchy of Luxembourg (“Nabors Lux”), in the principal amount of $295,519.23
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854458/000110465923100806/0001104659-23-100806-index.htm
- Material Agreements
  Nabors Energy Transition Corp. entered into Note with Nabors Lux 2 S.a.r.l. valued at $295,519.23 (effective 2023-09-14).
  - Action: entry
  - Counterparty: Nabors Lux 2 S.a.r.l.
  - Value: $295,519.23
  - Effective: 2023-09-14
  source text: On September 14, 2023, the Company issued an unsecured promissory note (the “Note”) to Nabors Lux 2 S.a.r.l., a private limited liability company (société à responsabilité limitée) incorporated in the Grand Duchy of Luxembourg (“Nabors Lux”), in the principal amount of $295,519.23 in connection with the Extension (as defined below).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854458/000110465923100806/0001104659-23-100806-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.