Nabors Energy Transition Corp. II files SPAC registration statement

Nabors Industries announced that Nabors Energy Transition Corp. II, a newly formed special purpose acquisition company and an affiliate of Nabors, has filed a registration statement on Form S-1 with the SEC in connection with a proposed initial public offering of its units. NETD intends to list its units on the Nasdaq Global Market under the symbol “NETDU.” Each unit will consist of one Class A ordinary share of NETD and one-half of one redeemable warrant to purchase one Class A ordinary share of NETD. NETD intends to raise $300M in the proposed offering through the sale of units consisting of ordinary shares and warrants to purchase ordinary shares.