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Stock impact report

Nabors Announces Filing of SPAC Registration Statement

Nabors Industries Ltd. (NBR) 
Last nabors industries ltd. earnings: 2/20 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.nabors.com
Company Research Source: PR Newswire
HAMILTON, Bermuda, June 8, 2021 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR), a leading provider of advanced technology for the global energy industry, announced today that Nabors Energy Transition Corp. ("NETC"), a newly formed special purpose acquisition company and an affiliate of Nabors, has filed a Registration Statement on Form S-1 (the "Registration Statement") with the Securities and Exchange Commission ("SEC") in connection with a proposed initial public offering of its units. NETC intends to list its units on the New York Stock Exchange under the symbol "NETC.U". Each unit will consist of one share of NETC's Class A common stock and one-third of one redeemable warrant to purchase one share of NETC's Class A common stock.NETC was 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. It intends to pursue an Show less Read more
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