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.
Company profile
Ticker
NETD
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
NETD stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
27 Mar 24
10-Q
2023 Q3
Quarterly report
13 Nov 23
8-K
Other Events
1 Sep 23
10-Q
2023 Q2
Quarterly report
25 Aug 23
8-K
Other Events
24 Jul 23
8-K
Nabors Energy Transition Corp. II Announces Pricing of
19 Jul 23
424B4
Prospectus supplement with pricing info
17 Jul 23
EFFECT
Notice of effectiveness
14 Jul 23
CERT
Certification of approval for exchange listing
13 Jul 23
8-A12B
Registration of securities on exchange
13 Jul 23
Latest ownership filings
SC 13G
BARCLAYS PLC
15 Feb 24
SC 13G
First Trust Capital Management L.P.
14 Feb 24
SC 13G
HGC Investment Management Inc.
14 Feb 24
SC 13G
Nabors Energy Transition Sponsor II LLC
13 Feb 24
SC 13G
Wealthspring Capital LLC
10 Jan 24
4
Change in insider ownership
28 Aug 23
4
Change in insider ownership
28 Aug 23
4
ANTHONY G PETRELLO
28 Aug 23
4
Change in insider ownership
28 Aug 23
4
William J Restrepo
18 Jul 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | |
---|---|---|---|
Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | |||
---|---|---|---|---|---|---|
Cash on hand (at last report) | 2.02 mm | 2.02 mm | ||||
Cash burn (monthly) | (no burn) | 84.65 k | ||||
Cash used (since last report) | n/a | 585.68 k | ||||
Cash remaining | n/a | 1.43 mm | ||||
Runway (months of cash) | n/a | 16.9 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
27 Aug 23 | Greens Road Energy II | Class F Ordinary Shares Class B Ordinary Shares | Other | Dispose J | Yes | No | 0 | 1,000,000 | 0.00 | 7,525,000 |
27 Aug 23 | Anthony G Petrello | Class F Ordinary Shares Class B Ordinary Shares | Other | Dispose J | Yes | No | 0 | 1,000,000 | 0.00 | 7,525,000 |
27 Aug 23 | Lux 2 S.a.r.l. Nabors | Class F Ordinary Shares Class B Ordinary Shares | Other | Dispose J | Yes | No | 0 | 1,000,000 | 0.00 | 7,525,000 |
27 Aug 23 | Nabors Energy Transition Sponsor II | Class F Ordinary Shares Class B Ordinary Shares | Other | Dispose J | No | No | 0 | 1,000,000 | 0.00 | 7,525,000 |
18 Jul 23 | William J Restrepo | Class A Ordinary Shares | Buy | Acquire P | Yes | No | 10 | 1,000 | 10.00 k | 1,000 |