HOUSTON, January 6, 2022 / PRNewswire / – Nabors Energy Transition Corp. (NYSE: NETC.U) (the “Company”) announced that as of January 7, 2022holders of units sold under the Company’s initial public offering may elect to trade separately the Class A common shares and the warrants included in the units. No fractional warrants will be issued upon separation of the units and only whole warrants will be traded. The Class A Common Shares and the Separate Warrants will trade on the New York Stock Exchange (the “NYSE”) under the symbols “NETC” and “NETC.WS”, respectively. Non-segregated Units will continue to trade on the NYSE under the symbol “NETC.U”. Unitholders should instruct their brokers to contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate unitholders’ units into Class A common shares and redeemable warrants.
The registration statement relating to these securities was declared effective by the United States Securities and Exchange Commission (the “SEC”) on November 16, 2021.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities of the Company, and there will be no sale of such securities in any state or jurisdiction in which such an offer, solicitation or sale would be illegal prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Nabors Energy Transition Corp.
Nabors Energy Transition Corp. is a blank check company incorporated for the purpose of effecting a merger, stock exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company intends to identify solutions, opportunities, businesses or technologies that focus on advancing the energy transition; in particular, those that facilitate, enhance or complement the reduction of carbon or greenhouse gas emissions while meeting increasing energy consumption in markets around the world.
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 out in the Risk Factors section of the Company’s registration statement and prospectus for the Company’s offer filed with of the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company assumes no obligation to update these statements for revisions or changes after the date of this posting, except as required by law.
William C. Conroy +1 281-775-2423 Email: [email protected]
SOURCE Nabors Energy Transition Corp.