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Nabors Energy Transition Corp II (OQ:NETD)

Business Focus: Shell Companies

Jul 18, 2023 04:05 pm ET
Nabors Energy Transition Corp. II Announces Closing of $305,000,000 Initial Public Offering
HOUSTON, July 18, 2023 /PRNewswire/ -- Nabors Energy Transition Corp. II (the "Company") announced today the closing of its initial public offering (the "IPO") of 30,500,000 units at a price of $10.00 per unit. The units are listed on The Nasdaq Global Market ("Nasdaq") and trade under the ticker symbol "NETDU." Each unit consists of one Class A ordinary share of the Company and one-half of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share of the Company at an exercise price of $11.50 per share. Only whole warrants are exercis