IPO: Nabors Energy Transition Corp. Date: 17 November 2021

Symbol: NETC
Industry: Blank Check / SPAC
Exchange: NYSE
IPO Price Low: $10
IPO Price High: $10

Nabors Energy Transition Corp. is a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities. In cooperation with Nabors, we intend to identify solutions, opportunities, companies or technologies that facilitate, improve or complement the ongoing global energy sector’s shift from fossil-based systems of energy production and consumption — including oil, natural gas and coal — to renewable energy sources such as geothermal energy or hydrogen, which support the transition towards a low- or no-carbon emitting future and reduce greenhouse gas emissions as energy consumption continues to rapidly grow. We intend to prioritize environmental, social and governance (“ESG”) factors advancing the energy transition. Specific sectors on which we intend to focus include alternative energy, energy storage, emissions reduction and carbon capture, utilization and sequestration. Nabors is a public corporation with operations providing services and equipment for upstream oil and gas exploration and production (“E&P”), and, with its predecessor entities, has been continuously operating in the energy sector for over 100 years.

Shares Offered: 24000000
Shares Outstanding: 29000000
Market Cap: 290000000

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