NETD shareholders approve monthly extension; 44% of public shares redeemed for $185.9M

Nabors Energy Transition Corp. II

Shareholders approved amendment allowing board to extend deadline up to July 18, 2026 without further vote.
Board elected first one-month extension to August 18, 2025; Nabors Lux deposited $250,000 into trust.
16,775,137 Class A shares redeemed at ~$11.08 per share, removing ~$185.9 million from the trust account.
Company issued $250,000 unsecured promissory note to Nabors Lux; no interest, due upon business combination or liquidation.
Pending business combination with e2Companies LLC remains; extension provides additional time to close.

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