HOUSTON, Sept. 1,
2023 /PRNewswire/ -- Nabors Energy Transition
Corp. II (NASDAQ: NETDU) (the "Company") announced that, commencing
September 5, 2023, holders of the
units sold in the Company's initial public offering may elect to
separately trade the Class A ordinary shares and warrants included
in the units. No fractional warrants will be issued upon separation
of the units and only whole warrants will trade. The Class A
ordinary shares and warrants that are separated will trade on The
Nasdaq Global Market ("Nasdaq") under the symbols "NETD" and
"NETDW," respectively. Those units not separated will continue to
trade on the Nasdaq under the symbol "NETDU." Holders of the units
will need to have their brokers contact Continental Stock Transfer
& Trust Company, the Company's transfer agent, in order to
separate the holders' units into Class A ordinary shares and
redeemable warrants.
The registration statement relating to these securities was
declared effective by the U.S. Securities and Exchange Commission
(the "SEC") on July 13, 2023.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy the securities of the Company, nor
shall there be any sale of these securities in any state or
jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
About Nabors Energy Transition Corp. II
Nabors Energy Transition Corp. II is a blank check company
formed for the purpose of effecting a merger, amalgamation, share
exchange, asset acquisition, share purchase, reorganization or
similar business combination with one or more businesses or
entities. The Company intends to identify solutions, opportunities,
companies or technologies that focus on advancing the energy
transition; specifically, ones that facilitate, improve or
complement the reduction of carbon or greenhouse gas emissions
while satisfying growing energy consumption across markets
globally.
Forward-Looking Statements
This press release contains statements that constitute
"forward-looking statements." Forward-looking statements are
subject to numerous conditions, many of which are beyond the
control of the Company, including those set forth in the Risk
Factors section of the Company's registration statement and
prospectus for the Company's offering filed with the SEC. Copies
are available on the SEC's website, www.sec.gov. The Company
undertakes no obligation to update these statements for revisions
or changes after the date of this release, except as required by
law.
Investor contact:
William C. Conroy, CFA
william.conroy@nabors-etcorp.com
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SOURCE Nabors Energy Transition Corp. II